Monthly Archives: January 2014

Pending Home Sales Show Weakness

The Mortgage Corner Where is a housing bubble? Some pundits have been saying that housing prices, up some 13 percent in a year, may have been rising too fast. This is mainly because too few homes on the market, and … Continue reading

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New-Home Sales In Seasonal Decline?

The Mortgage Corner Sales of newly built, single-family homes fell 7 percent to a seasonally adjusted annual rate of 414,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. … Continue reading

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Where Are The Brave Ones?

Popular Economics Weekly Now that China has replaced 1980s Japan as the economy that might surpass us, can we find one brave policy maker, (including President Obama), that’s willing to sound the alarm? China now has a robot roaming the … Continue reading

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2013 Home Sales Highest Since 2006

The Mortgage Corner The National Association of Realtors (NAR) just reported that for all of 2013, there were 5.09 million sales, which is 9.1 percent higher than 2012. It was the strongest performance since 2006 when sales reached an unsustainably … Continue reading

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Higher Economic Growth In 2014

Financial FAQs We should be seeing a huge jump in economic growth this year. Why? Most economists are saying businesses are more optimistic with the federal budget agreement for 2 years, and no more tax increases hanging over consumers (and … Continue reading

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Housing Construction Continues Increase

The Mortgage Corner Residential investment and housing starts are usually the best leading indicator for economy, and they show continued growth.  This isn’t the only leading indicator, but it suggests the economy will continue to grow over the next couple … Continue reading

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Post-WWII Lessons—How to Reduce Debt?

Financial FAQs There is a productive way to pay down the federal and consumer debt loads instead of the austerity policies currently in vogue both here and in Europe (i.e., that cut taxes and government spending). It’s means implementing policies … Continue reading

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