Tag Archives: household formation

Has the Housing Market Recovered?

The Mortgage Corner FRED The just-released single-family sales graph highlights a very important fact. New-home sales—especially for single-family residences—are back to historical levels last seen in 2000. The Great Recession and oversupply during the housing bubble caused so much damage … Continue reading

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Full Speed Ahead for Housing Construction, Sales?

The Mortgage Corner Wrightson.com The ultra-low interest rates are making a difference as homebuilder sentiment is soaring along with new building permits, which should boost new and existing-home sales as well. For instance, more new homes on the market encourage … Continue reading

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First-Time Homebuyers Are Back

The Mortgage Corner MarketWatch’s Andrea Riquier says first-time homebuyers aren’t doing so bad, if we look at more than the NARealtor’s existing-home sales data. First-timers’ sales data is important because they usually choose so-called “entry-level” homes that are affordable to … Continue reading

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What is Driving Household Formation and Home Sales?

The Mortgage Corner SF Federal Reserve The growth in household formation, the major determinate of home ownership, is slowly returning to pre-housing bubble levels, according to a 2016 report by the San Francisco Fed’s economic research dept. This is a … Continue reading

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Housing Construction, Leading Economic Indicators Still Strong

The Mortgage Corner Graph: Econoday The residential housing market is still starving—of supply, that is. Not enough homes are being built to meet the surging demand of new households from both millennials and immigrants. This is when construction starts fell … Continue reading

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Home Ownership Is Rising

The Mortgage Corner An improving economy, multiple years of strong job growth and the notable increase in home values in most markets fueled a greater share of purchases from Generation X households over the past year, says the National Association … Continue reading

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Who Are the Homeowners?

The Mortgage Corner The Atlanta Federal Reserve Bank just published a housing study entitled, “It’s Not Just Millennials Who Aren’t Buying Homes,” that breaks down homeownership by age and household status. And the results show that age and whether one … Continue reading

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