Mortgage And Real Estate News

Sunday, July 27, 2014

Don't Believe Housing Numbers: These Homebuilder Stocks Could Go Higher (DHI, HOV, PHM)

Homebuilders took a hit when the National Association of Homebuilders, or NAHB, reported a surprise drop in new home construction for last month. Housing starts plummeted 9.3% in June and May data was revised lower. This was in contrast to expectations for new construction of 1.02 million on a seasonally adjusted annual rate, or SAAR, slightly above the 1.0 million reported in May.

Read more.. http://www.fool.com/investing/general/2014/07/23/dont-believe-housing-numbers-these-homebuilder-sto.aspx

Thursday, July 24, 2014

Housing Market Sending Mixed Signals -Freddie Mac

Freddie Mac said today that its Multi-Indicator Market Index or MiMi for May is sending out mixed signals to the housing market.  While more markets entered their stable range of housing activity, most markets remained stalled, just as they were in April, due primarily to weak mortgage application activity. 

Read more...http://www.mortgagenewsdaily.com/07232014_freddie_mac_mimi.asp

Sunday, July 20, 2014

Rent Prices Inch Up in Second Quarter Nationwide

The median entry-level rent prices for the nation went up by 1.44 percent in the second quarter of 2014, according to Apartment Guide data.

As of April 1, 2014, the nationwide median entry-level rent price was $765; it had increased to $776 by June 30.

Read more...http://m.huffpost.com/us/entry/5570390?&ncid=tweetlnkushpmg00000036

Saturday, July 19, 2014

US states with higher minimum wages gain more jobs

WASHINGTON (AP) — Maybe a higher minimum wage isn't so bad for job growth after all. The 13 U.S. states that raised their minimum wages at the beginning of this year are adding jobs at a faster pace than those that did not, providing some counter-intuitive fuel to the debate over what impact a hi...

http://www.apnewsarchive.com/2014/US-states-that-raised-their-minimum-wages-this-year-saw-faster-job-growth-in-first-6-months/id-d105c49adc9846e6a086df3903ee82e5

Sent viaFlipboard

Reuters: Business News

National Commercial Real Estate News From CoStar Group

Latest stock market news from Wall Street - CNNMoney.com

Archive

Recent Comments