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Housing Bubble or Recession? You Might Have to Pick One
There are two conflicting theories on how or even if monetary policy should play a role in stabilizing asset price booms and busts. If central banks use interest rate hikes sufficient to curb leverage and curb booms it might also boost unemployment and
Smallest Share of Distressed Sales since 2007
Sales of lender-owned real estate (REO) in May represented the smallest share of home sales in nine years. CoreLogic said that the overall share of distressed properties sold during the month, including short sales as well as REO, fell to 9.9 percent
Conventional, Jumbo Loan Availability Accelerating
Credit availability increased in July, resuming an almost continuous rise that started last fall. The Mortgage Bankers Association said its Mortgage Credit Access Index (MCAI) rose 3.5 points or 2.9 percent from June to 125.5. The index had risen every
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...