by Calculated Risk on 4/30/2025 08:15:00 AM From ADP: ADP National Employment Report: Private Sector Employment Increased by 62,000 Jobs in April; Annual Pay was Up 4.5% “Unease is the word of the day. Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data,” said Dr. Nela Richardson,…
by Calculated Risk on 4/29/2025 07:11:00 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 8:15 AM, The ADP Employment Report for April. This report is for private payrolls…
by Calculated Risk on 4/29/2025 03:32:00 PM From the Las Vegas Visitor Authority: March 2025 Las Vegas Visitor Statistics With a slightly less‐packed event calendar and as‐yet unclear impacts of evolving federal policies rippling thru international and domestic markets, visitation saw a ‐7.8% YoY decline as the destination hosted approximately 3.39 million visitors in March….
by Calculated Risk on 4/29/2025 01:28:00 PM This substack is from a auto industry insider: Inside the Auto Tariff Battle: What Washington Is Not Saying Out Loud A friend of mine who lives in the thick of Washington called me this week. What he said made me sit up straight. The news is spinning a…
by Calculated Risk on 4/29/2025 10:00:00 AM From the BLS: Job Openings and Labor Turnover Summary The number of job openings was little changed at 7.2 million in March, the U.S. Bureau of Labor Statistics reported today. Over the month, hires held at 5.4 million, and total separations changed little at 5.1 million. Within separations,…
by Calculated Risk on 4/28/2025 07:15:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates Start New Week Slightly Lower Mortgage rates ended last week at the lowest levels since April 7th. The average lender remained at those same levels at the start of business today, but many lenders offered modest improvements as the…
by Calculated Risk on 4/28/2025 11:26:00 AM Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in March and a Look Ahead to April Sales A brief excerpt: After the National Association of Realtors® (NAR) releases the monthly existing home sales report, I pick up additional local market data that…
by Calculated Risk on 4/28/2025 10:00:00 AM The Census Bureau released the Residential Vacancies and Homeownership report for Q1 2025 today. The results of this survey were significantly distorted by the pandemic in 2020. This report is frequently mentioned by analysts and the media to track household formation, the homeownership rate, and the homeowner and…
by Calculated Risk on 4/28/2025 08:14:00 AM Altos reports that active single-family inventory was up 1.3% week-over-week. Inventory is now up 16.7% from the seasonal bottom in January and is increasing. Usually, inventory is up about 9% from the seasonal low by this week in the year. So, 2025 is seeing a larger than normal pickup…
by Calculated Risk on 4/27/2025 06:17:00 PM Weekend:• Schedule for Week of April 27, 2025 Monday:• At 10:00 AM ET, the Q1 2025 Housing Vacancies and Homeownership from the Census Bureau. • At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for April. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 12…