Tag Archives: Housing

Housing Construction Surge—Sign of Better Times?

The Mortgage Corner U.S. housing starts jumped to their highest level in nearly 7-1/2 years in April and permits soared, hopeful signs for an economy that is struggling to regain strong momentum after a dismal first quarter. And that is … Continue reading

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Housing Sales-Construction Continue to Expand

The Mortgage Corner The NAR reports total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.4 percent to a seasonally adjusted annual rate of 5.04 million in December from a downwardly-revised 4.92 million … Continue reading

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Deflation Is Now Major Concern

Popular Economics Weekly We wrote recently about the Eurozone in danger of becoming Japan, which has suffered through some 2 decades of a deflationary spiral, before Prime Minister Abe opened the stimulus spigots. Why is deflation (or disinflation, which is … Continue reading

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Yellen’s Fed is Full Speed Ahead

Financial FAQs Is it possible? The Federal Reserve is now more interested in creating wealth for the many, rather than fighting inflation for the wealthiest worrying about their bond prices, as it has in the past? This may seem counterintuitive, … Continue reading

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Yellen + Jackson Hole = Higher Growth

Popular Economics Weekly New Fed Chairman Janet Yellen plus a few other major central bankers at their annual Jackson Hole conference seem to have committed a heresy by advocating full employment as the goal of central bank policies, above and … Continue reading

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Home Sizes Ballooning Again

The Mortgage Corner Housing sizes are ballooning, after a slight pause due to the Great Recession, reports the U.S. Census Bureau and Marketwatch. In 2013 the median floor area of new single-family homes sold in the U.S. rose 4 percent … Continue reading

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New-Home Construction, Permits Soar

The Mortgage Corner Housing starts jumped in April and building permits hit their highest level in nearly six years, offering hope the weak housing market could be stabilizing, according to the US Census Bureau’s April report on housing starts.  This … Continue reading

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