Monthly Archives: February 2016

America’s shrinking mortgage debt

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Case Shiller house price index for December, 2015.

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National home sales in January, 2016.

January sales in our market were up 8% compared to January, 2015. sales

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National building permits in January, 2016.

Building permits in January 2016 were at a seasonally adjusted annual rate (SAAR) of 1,202,000, down 0.2 percent from the revised December rate but up 13.5 percent from January 2015. Housing starts in January 2016 were at a SAAR of … Continue reading

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The economy; good or bad?

Dueling Data Financial indicators such as yield spreads between investment grade bonds and junk bonds, equity values, inflation rates, Treasury yields and commodity prices suggest a weak economy and a moderately high recession probability. Yet car and home sales, employment … Continue reading

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January, 2016 national home builders confidence index; slight unexpected dip

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Headwinds for the new home market

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