Monthly Archives: November 2017

Q3 Economic Growth Jumps to 3.3% (Revised)

Posted on November 30, 2017 by

Popular Economics Weekly It looks like the U.S. economy is charging ahead for the next few quarters, as Q3 Gross Domestic Product was revised from 3 percent to a 3.3 percent growth rate, due to higher exports and capital expenditures. … Continue reading →

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New-Home Sales at 10-yr High

Posted on November 27, 2017 by

The Mortgage Corner Sales of new single-family houses in October 2017 were at a seasonally adjusted annual rate of 685,000, according to estimates released jointly today by the U.S. Census Bureau and HUD. This is 6.2 percent (±18.0 percent) above … Continue reading →

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Thanksgiving For All!

Posted on November 24, 2017 by

Let Us Count Our Blessings! We need to thank so many for what we have—full employment, faster economic growth, higher consumer sentiment and retail sales for the holidays!  What more do we need?  Perhaps a few more homes built, and … Continue reading →

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Housing Shortage Continues

Posted on November 22, 2017 by

The Mortgage Corner Existing-home sales increased in October to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on an annual basis for the second straight month, according to the National Association of Realtors. … Continue reading →

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Our Housing Supply Is Catching Up (Revised)!

Posted on November 20, 2017 by

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of … Continue reading →

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Is Our Housing Supply Catching Up?

Posted on November 18, 2017 by

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. HUD and … Continue reading →

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The Irrelevance of President Trump

Posted on November 16, 2017 by

Popular Economics Weekly It’s sad for America that the President of the United States has become irrelevant to most of the problems facing Americans and the world. But it’s heartening as well, because in choosing to return to a 1950’s … Continue reading →

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