Monthly Archives: February 2017

National home sales metrics for January, 2017

Dynamite Domiciles Last month existing home sales absolutely sizzled, hitting a rate of 5.69 million/year, the best level since 2/07. Remarkably, this strength came despite inventory of only 1.69 million units. That’s just 3.6 months of supply at the current … Continue reading

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Two centuries of U.S. immigration ; what are the top countries?

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National new home sales for January, 2017.

Sales of new single-family houses in January 2017 were 555,000 at a seasonally adjusted annual rate (SAAR), up 3.7 percent from December’s revised rate, and up 5.5 percent from January 2016.

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National household debt metrics, 4Q2016

Better Borrowing Total household debt increased by $226 billion in 16Q4, and is just $99 billion below the peak of $12.7 trillion set in 08Q3. However, household debt is now just 67% of GDP, down from 85% at the peak. … Continue reading

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NAHB/Wells Fargo Housing Market Index (HMI) for February, 2017

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Lumber prices spike; house prices could be affected

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Fourth quarter spike in FHA loan foreclosures; the beginning of an upward trend?

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National building permits and starts for January, 2017

U.S. Census Bureau releases new data on building permits in January 2017 showing seasonally adjusted annual rate (SAAR) of 1,285,000, up 4.6 percent from the revised December rate, and up 8.2 percent from January 2016. Housing starts in January 2017 … Continue reading

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Mortgage applications for week 1, February, 2017; refi activity at 9 year low

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NAHB leading markets housing index for January, 2017

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