At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • 2nd Look at Local Housing Markets in November • Mortgage Rates: The New Normal • Lawler: More on the “Neutral” Interest Rate (R*) • December ICE Mortgage Monitor: Home Prices “Firmed” in November, Up 0.8% Year-over-year • 1st Look…
Is Bitcoin Really a Currency or a Ponzi Scheme? Bitcoin Trading When cryptocurrencies first appeared on the scene, it was easy to dismiss them as a passing fad. The idea of a digital asset with no government backing, no physical form, and no established role as a medium of exchange felt at best speculative…
Special Note: There is still uncertainty on when some economic reports will be released.The key economic reports this week are the November Employment report, October Retail Sales, November CPI, and November Existing Home Sales. For manufacturing, the December New York, Philly and Kansas City Fed surveys will be released this week. —– Monday, December 15th…
by Calculated Risk on 12/12/2025 04:21:00 PM A few brief excerpts from a Goldman Sachs research note on shelter inflation: [R]apid multifamily supply growth amid a cooler labor market, slower immigration, and an already rising vacancy rate is likely to keep new lease rent growth subdued in 2026. … We forecast that PCE housing inflation…
by Calculated Risk on 12/12/2025 11:14:00 AM Hotel occupancy was weak over the summer months, due to less international tourism. The fall months are mostly domestic travel and occupancy is still under pressure! From STR: U.S. hotel results for week ending 6 December he U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest…
by Calculated Risk on 12/12/2025 08:05:00 AM Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in November A brief excerpt: Tracking local data gives an early look at what happened the previous month and also reveals regional differences in both sales and inventory. November sales will be mostly for…
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • No major economic releases scheduled. Source link
by Calculated Risk on 12/11/2025 04:40:00 PM From Cotality U.S. home equity dips further this fall Cotality … today released the Homeowner Equity Report (HER) for the third quarter of 2025. The report reveals a mixed picture of homeowner equity gains across the United States. Borrower equity decreased year over year, declining by $373.8 billion…
by Calculated Risk on 12/11/2025 01:12:00 PM Today, in the Calculated Risk Real Estate Newsletter: Mortgage Rates: The New Normal A brief excerpt: In June 2023, I wrote: Could 6% to 7% 30-Year Mortgage Rates be the “New Normal”? At that time, the Fed Funds rate was set at 5 to 5-1/4 percent and the…
by Calculated Risk on 12/11/2025 10:00:00 AM The Census Bureau released the Residential Vacancies and Homeownership report for Q3 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…