by Calculated Risk on 6/13/2025 08:17:00 AM What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For May, Realtor.com reported inventory was up 31.5% YoY, but still down 14.4% compared to the 2017 to 2019 same month levels. …
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for June). Source link
by Calculated Risk on 6/12/2025 04:00:00 PM The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 7 June. … 1-7 June 2025 (percentage change from comparable week in 2024): • Occupancy: 67.0% (-3.2%)• Average daily rate (ADR): US$161.57 (0.0%)• Revenue per available room (RevPAR): US$108.23 (-3.2%) emphasis added The…
by Calculated Risk on 6/12/2025 12:59:00 PM Today, in the Calculated Risk Real Estate Newsletter: The “Home ATM” Mostly Closed in Q1 A brief excerpt: During the housing bubble, many homeowners borrowed heavily against their perceived home equity – jokingly calling it the “Home ATM” – and this contributed to the subsequent housing bust, since…
by Calculated Risk on 6/12/2025 08:30:00 AM The DOL reported: In the week ending June 7, the advance figure for seasonally adjusted initial claims was 248,000, unchanged from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 247,000 to 248,000. The 4-week moving average was 240,250, an increase of…
by Calculated Risk on 6/11/2025 07:37:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for initial claims of 239 thousand, up from 247 thousand last week. • Also at 8:30 AM, The Producer…
by Calculated Risk on 6/11/2025 01:00:00 PM Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in May A brief excerpt: I’ve rearranged these looks at local data with closed sales first, new listings second and active inventory at the end. I’ve also spelled Raleigh correctly! …In May, sales in…
by Calculated Risk on 6/11/2025 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 12.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 6, 2025. Last week’s results included an adjustment for the…
by Calculated Risk on 6/10/2025 07:45:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, The Consumer Price Index for May from the BLS. The consensus is…
by Calculated Risk on 6/10/2025 11:55:00 AM The Consumer Price Index for May is scheduled to be released tomorrow. The consensus is for a 0.2% increase in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 2.5% year-over-year (YoY), and core CPI to be up 2.9% YoY. From…