Tag Archives: Case-Shiller Home Price Index

Pending Home Sales—Case-Shiller Prices Higher

The Mortgage Corner Pending home sales picked up in December as solid increases in the South and West offset weakening activity in the Northeast and Midwest, according to the National Association of Realtors®. And the S&P Case-Shiller Home Price Index … Continue reading

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4.6% Unemployment–178,000 Payroll Jobs in November

Popular Economics Weekly Nonfarm payrolls rose 178,000 in November to just beat out expectations with revisions no factor, says Econoday. A sharp downward revision to October, now at 142,000, was offset by a nearly as sharp upward revision to September, … Continue reading

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Housing Sales, Prices Continue Skyward

The Mortgage Corner The S&P Case Shiller Home Price Index continues to soar, with Seattle and Portland existing-home prices up double digits in a year, while Dallas and Denver are up some 8 percent annually. Case-Shiller’s national index is within … Continue reading

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US Consumers Are Happy Again

Popular Economics Weekly US consumers are feeling good, with higher confidence and rising wages pushing demand for housing and consumer spending. The Conference Board’s Consumer Confidence Index rose a huge 4.4 points to 101.3 in August. It has been hovering … Continue reading

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Huge Jump In Existing-Home Sales

The Mortgage Corner Wow! Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 0.4 percent to a seasonally adjusted annual rate of 5.47 million in January from a downwardly revised 5.45 million in … Continue reading

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Conforming Loan Limits Won’t Decline in 2014

The Mortgage Corner The Federal Housing Finance Agency has just announced it is keeping conforming loan limits at the same level in 2014 for most areas in the country. Fannie Mae and Freddie Mac can guarantee mortgages up to $417,000 … Continue reading

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Pending Home Sales, Prices Up For the Year

The Mortgage Corner Home prices are finally rising nationally, according to same sales in the S&P Case-Shiller Home Price Index. It showed that all three headline composites ended the second quarter of 2012 with positive annual growth rates for the … Continue reading

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Housing Values Jump in Q2 2012

The Mortgage Corner Consumers, perk up, as I said last week. Housing values are finally rising nationally. In fact, housing prices in all 20 city-metro areas in the Case-Shiller Home Price Index rose for the first time in years, before … Continue reading

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Can the Fed Rescue Real Estate?

The Mortgage Corner How can we thank Fed Chairman Ben Bernanke for keeping our economy afloat? Not only has the Fed kept interest rates low enough to prevent actual deflation, as happened to Japan over the past 20 years and … Continue reading

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Why the Housing Bubble?

The Mortgage Corner Historical hindsight is always 20-20, but why didn’t economists and the Fed act sooner to deflate the housing bubble? By waiting until 2006 to tighten credit, the Federal Reserve allowed overbuilding of the housing sector that resulted … Continue reading

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