by Calculated Risk on 2/20/2025 03:25:00 PM 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 January, Realtor.com reported inventory was up 24.6% YoY, but still down 24.8% compared to the 2017 to 2019 same month levels. …
by Calculated Risk on 2/20/2025 12:36:00 PM Today, in the Calculated Risk Real Estate Newsletter: California Home Sales Down 1.9% YoY in January; 4th Look at Local Housing Markets A brief excerpt: Here a few more local markets prior to the NAR release tomorrow. The NAR is scheduled to release January Existing Home sales on…
by Calculated Risk on 2/19/2025 07:24:00 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 an increase to 216 thousand from 213 thousand last week. • Also at 8:30 AM, The Philly Fed…
by Calculated Risk on 2/19/2025 04:01:00 PM Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI January 2025: Architecture firm billings remain soft to start the new year The AIA/Deltek Architecture Billings Index (ABI) score was 45.6 for the month, slightly above the December score….
by Calculated Risk on 2/19/2025 08:30:00 AM From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,366,000. This is 9.8 percent below the revised December estimate of 1,515,000 and is 0.7 percent below the January 2024 rate of 1,376,000. Single-family housing starts…
by Calculated Risk on 2/18/2025 07:03:00 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 mortgage purchase applications index. • At 8:30 AM, Housing Starts for January. The consensus is for 1.394 million SAAR, down from 1.499 million…
Gold vs. silver investment is a crucial decision for investors in 2025. Both metals have historically been safe-haven assets, protecting wealth during economic uncertainty. However, they serve different purposes and react differently to market conditions. The best precious metal to invest in 2025 depends on various factors, including inflation, interest rates, and industrial demand. While…
by Calculated Risk on 2/18/2025 10:00:00 AM The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 42, down from 47 last month. Any number below 50 indicates that more builders view sales conditions as poor than good. From the NAHB: Builder Confidence Falls on Tariff and Housing Cost Concerns…
by Calculated Risk on 2/17/2025 06:23:00 PM Weekend:• Schedule for Week of February 16, 2025 Tuesday:• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of -1.0, up from -12.6. • At 10:00 AM, The February NAHB homebuilder survey. The consensus is for a…
by Calculated Risk on 2/17/2025 02:08:00 PM I usually celebrate President Washington’s birthday by reading his Farewell Address. A brief excerpt: To the efficacy and permanency of your Union, a Government for the whole is indispensable. No alliances, however strict, between the parts can be an adequate substitute; they must inevitably experience the infractions and…