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Longer Term Home Sales Outlook at 1-Year Highs
Measures of builder confidence in the new home market rose again this month. The third consecutive monthly increase in the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) brought that metric back to its highest level
Amazing Differences in Affordability Depending on Geography
Home prices "firmed" in several markets in the second quarter and, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), affordability dipped accordingly . The Index, a measure of the percentage of
QM Has Succeeded… in Raising Costs, not in Changing Business Strategies
Less than a half-year after the Ability-to-Repay (ATR) and Qualified Mortgage (QM) rules took effect most lenders report little impact on their business strategies but they do anticipate an increase in their operational costs . The new rules were mandated
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...