by Calculated Risk on 8/08/2024 10:53:00 AM Today, in the Calculated Risk Real Estate Newsletter: Atlanta Fed: Home Ownership Affordability Monitor A brief excerpt: Here is another measure of affordability that readers might find useful from the Atlanta Fed: Home Ownership Affordability Monitor Here is a graph of affordability (higher is more affordable), and of…
by Calculated Risk on 8/08/2024 08:30:00 AM The DOL reported: In the week ending August 3, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 17,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 249,000 to 250,000. The 4-week moving average was 240,750,…
by Calculated Risk on 8/07/2024 07:11:00 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 240 thousand initial claims, down from 249 thousand last week. Source link
by Calculated Risk on 8/07/2024 03:01:00 PM From the Las Vegas Visitor Authority: June 2024 Las Vegas Visitor Statistics Las Vegas hosted nearly 3.5M visitors in June, beating last June by 1.8%. Estimated convention attendance neared 420k but with a YoY decrease of ‐7.9% tied to some show rotation cycles, including the absence of the…
by Calculated Risk on 8/07/2024 11:44:00 AM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in July A brief excerpt: NOTE: The tables for active listings, new listings and closed sales all include a comparison to July 2019 for each local market (some 2019 data is not available). This…
by Calculated Risk on 8/07/2024 10:10:00 AM From Manheim Consulting today: Wholesale Used-Vehicle Prices Increased in July Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in July compared to June. The Manheim Used Vehicle Value Index (MUVVI) rose to 201.6, a decline of 4.8% from a year ago. The seasonal…
by Calculated Risk on 8/06/2024 07:27:00 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. Source link
by Calculated Risk on 8/06/2024 12:58:00 PM Today, in the Calculated Risk Real Estate Newsletter: How Much will the Fannie & Freddie Conforming Loan Limit Change for 2025? A brief excerpt: With house prices up mid-single digits over the last year, an interesting question is: How much will the Fannie & Freddie conforming loan limits…
Securing startup capital can be a significant challenge for new entrepreneurs. Regardless of how innovative your business idea might be, it may not attract investors or lenders easily. This is particularly true if your business lacks market validation or collateral assets. Fortunately, crowdfunding has emerged as a powerful tool to overcome these obstacles. Crowdfunding benefits…
by Calculated Risk on 8/06/2024 08:00:00 AM Notes: This CoreLogic House Price Index report is for June. The recent Case-Shiller index release was for May. The CoreLogic HPI is a three-month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogic: Annual US Home Price Growth Below 5% for Second Consecutive Month as June…