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by Calculated Risk on 12/24/2024 12:46:00 PM Today, in the CalculatedRisk Real Estate Newsletter: Lawler: New Census Population Estimates Show Massively Higher Population Growth Excerpt: From housing economist Tom Lawler: New Census Population Estimates Incorporate Revised Methodology for Estimating Net International Migration, Show Massively Higher Population Growth Last week Census released its “Vintage 2024” estimates…

by Calculated Risk on 12/24/2024 09:16:00 AM Today, in the CalculatedRisk Real Estate Newsletter: Question #10 for 2025: Will inventory increase further in 2025? Excerpt: Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Some of these questions concern real estate (inventory, house prices, housing starts, new home…

by Calculated Risk on 12/23/2024 07:41:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Tuesday:• At 10:00 AM ET, Richmond Fed Survey of Manufacturing Activity for December. The NYSE and the NASDAQ will close early at 1:00 PM ET. Source link

by Calculated Risk on 12/23/2024 01:11:00 PM Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints about the trade report since LA area ports handle about 40% of the nation’s container port traffic. The following graphs are for inbound and outbound traffic at the…

by Calculated Risk on 12/23/2024 10:49:00 AM Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increase to 664,000 Annual Rate in November Brief excerpt: The Census Bureau reported New Home Sales in November were at a seasonally adjusted annual rate (SAAR) of 664 thousand. The previous three months were revised up, combined.…The…

by Calculated Risk on 12/23/2024 10:00:00 AM The Census Bureau reports New Home Sales in November were at a seasonally adjusted annual rate (SAAR) of 664 thousand. The previous three months were revised up, combined. Sales of new single-family houses in November 2024 were at a seasonally adjusted annual rate of 664,000, according to estimates…

by Calculated Risk on 12/23/2024 08:11:00 AM Altos reports that active single-family inventory was down 2.2% week-over-week.  Inventory is now 9.7% below the peak for the year (9 weeks ago). Inventory will continue to decline seasonally until early next year and probably bottom in January or February. The first graph shows the seasonal pattern for…