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    Second Look at GDP Growth in the First Quarter – A Little Better, But About the Same
    Friday May 26th, 2017 05:21:43 PM Robert Denk
    The Bureau of Economic Analysis (BEA) released the second estimate of real GDP growth in the first quarter of 2017. Economic activity expanded at a 1.2% seasonally adjusted annual rate, an upward revision from the previous 0.7% estimate. This estimate is based on more complete data than was available for the “advance” estimate. Real GDP grew at a 2.1% rate... Read More ›

    NAHB Releases Remodeling by Zip Code Estimates for 2017
    Friday May 26th, 2017 12:27:33 PM Paul Emrath
    NAHB recently released its latest projections of spending on improvements to owner-occupied housing by zip code. The projections show total spending on improvements, the number of owner-occupied homes, as well as average spending per improvement, in each of over 26,000 zip codes for calendar year 2017. The estimates are based on a model relating improvement spending to five key variables:... Read More ›

    Multifamily Developer Confidence Dips in First Quarter as Market Levels Off
    Thursday May 25th, 2017 02:05:12 PM Carmel Ford
    The Multifamily Production Index (MPI) dropped seven points to 48 in the first quarter of 2017, according to the National Association of Home Builders (NAHB). The last time the MPI had a reading below 50 was in the fourth quarter of 2011 (Figure 1). Figure 1: NAHB Multifamily Production Index (MPI) and Multifamily Starts (in thousands) The MPI measures builder... Read More ›

    May Meeting of the Federal Open Market Committee – From Idea to Proposal
    Thursday May 25th, 2017 12:30:47 PM Robert Denk
    Beyond confirming that if economic activity continues to unfold as expected another increase in the federal funds rate would be appropriate soon (June), the minutes from the May meeting of the Federal Open Market Committee (FOMC) added relatively little to the picture of the path of monetary policy that was laid out in the post-meeting statement and previous policy discussions.... Read More ›

    Slower Growth for AD&C Loans
    Wednesday May 24th, 2017 04:05:35 PM Robert Dietz
    The volume of residential construction loans increased by 1.6% during the first quarter of 2017, marking 16 consecutive quarters of growth. However, the growth rate for lending during the fourth quarter of 2016 and the start of 2017 were the slowest since early 2013. Tight availability of acquisition, development and construction (AD&C) loans has been a limiting factor for home building growth, but easing credit conditions and a growing loan... Read More ›

    CNN - Real Estate News

    4 things first-time homebuyers need to know
    Thursday May 11th, 2017 07:27:46 PM
    Read full story for latest details.

    Good luck buying a home in this hot housing market
    Wednesday May 10th, 2017 12:31:48 PM
    Seattle is one of the hottest markets in the country, putting sellers in the driver's seat. Here's what it's like trying to buy a home in the area.

    What will your monthly mortgage payment be?
    Monday February 2nd, 2015 03:53:13 PM
    In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.

    Life is good for U.S. home sellers
    Thursday April 27th, 2017 01:29:42 PM
    Read full story for latest details.

    The Fed raised interest rates. Why are mortgages getting cheaper?
    Friday April 14th, 2017 03:51:31 PM
    Despite the Federal Reserve increasing interest rates, mortgage rates have dropped to the lowest level this year.

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