by Calculated Risk on 3/17/2025 08:55:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Tuesday:• At 8:30 AM ET, Housing Starts for February. The consensus is for 1.383 million SAAR, up from 1.366 million SAAR. • At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for February….
by Calculated Risk on 3/17/2025 03:30:00 PM Today, in the Calculated Risk Real Estate Newsletter: Lawler: Early Read on Existing Home Sales in February; Recent Rent Trends at Two Large Publicly Traded Companies in the Single-Family Rental Business A brief excerpt: From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the…
by Calculated Risk on 3/17/2025 10:00:00 AM The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 39, down from 42 last month. Any number below 50 indicates that more builders view sales conditions as poor than good. From the NAHB: Builder Confidence Falls on Cost Uncertainty Economic uncertainty, the…
by Calculated Risk on 3/16/2025 06:29:00 PM Weekend:• Schedule for Week of March 16, 2025 • FOMC Preview Monday:• At 8:30 AM ET, Retail sales for February is scheduled to be released. The consensus is for a 0.7% increase in retail sales. • Also at 8:30 AM, The New York Fed Empire State manufacturing survey…
by Calculated Risk on 3/16/2025 09:56:00 AM Most analysts expect no change to FOMC policy at the meeting this week, keeping the target range at 4 1/4 to 4 1/2 percent. Market participants currently expect the FOMC to be on hold at the March and May meetings, with the next rate cut in June,…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • The “Home ATM” Mostly Closed in Q4 • Q4 Update: Delinquencies, Foreclosures and REO • Part 1: Current State of the Housing Market; Overview for mid-March 2025 • Part 2: Current State of the Housing Market; Overview for mid-March…
by Calculated Risk on 3/15/2025 08:11:00 AM The key reports this week are February Retail sales, Housing Starts and Existing Home Sales. The FOMC meets this week, and no change to policy is expected. For manufacturing, the February Industrial Production report and the March NY and Philly Fed manufacturing surveys will be released. —– Monday,…
by Calculated Risk on 3/14/2025 07:15:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. For deaths, I’m currently using 4 weeks ago for “now”, since the most recent three weeks will be revised significantly. Note: “Effective May 1, 2024, hospitals are no longer required to report COVID-19 hospital admissions, hospital…
by Calculated Risk on 3/14/2025 11:36:00 AM From BofA: Our 1Q GDP tracking remains unchanged at 1.9% q/q saar and our 4Q GDP tracking is down two tenths to 2.3% q/q saar since our last weekly publication. [Mar 14th]emphasis added From Goldman: We lowered our Q1 GDP tracking estimate by 0.3pp to +1.3% last week….
by Calculated Risk on 3/14/2025 08:28:00 AM Today, in the Calculated Risk Real Estate Newsletter: Q4 Update: Delinquencies, Foreclosures and REO A brief excerpt: This entire housing cycle I’ve argued that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key reasons:…