by Calculated Risk on 12/27/2024 10:40:00 AM From Goldman: We lowered our Q4 GDP tracking estimate by 0.1pp to +2.3% (quarter-over-quarter annualized). Our Q4 domestic final sales forecast stands at +2.3% (quarter-over-quarter annualized). [Dec 27th estimate]emphasis added And from the Atlanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate)…
by Calculated Risk on 12/27/2024 08:11:00 AM Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I posted thoughts on those in the newsletter (others like GDP and employment will be on…
by Calculated Risk on 12/26/2024 05:02:00 PM Today, in the CalculatedRisk Real Estate Newsletter: Question #8 for 2025: How much will Residential investment change in 2025? How about housing starts and new home sales in 2025? Excerpt: Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Some of…
by Calculated Risk on 12/26/2024 09:39:00 AM Today, in the CalculatedRisk Real Estate Newsletter: Question #9 for 2025: What will happen with house prices in 2025? Excerpt: Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Some of these questions concern real estate (inventory, house prices, housing starts,…
by Calculated Risk on 12/26/2024 08:30:00 AM The DOL reported: In the week ending December 21, the advance figure for seasonally adjusted initial claims was 219,000, a decrease of 1,000 from the previous week’s unrevised level of 220,000. The 4-week moving average was 226,500, an increase of 1,000 from the previous week’s unrevised average of…
by Calculated Risk on 12/25/2024 07:23:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Mortgage rates as of Monday (a little lower on Tuesday). Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. Initial claims were at 220 thousand last week. Source link
Here is a High Sierra webcam (it is snowing!) And the beach in Newport. Best Wishes to All! Source link
by Calculated Risk on 12/24/2024 04:01:00 PM From housing economist Tom Lawler: Since September 17th the Federal Reserve has lowered its federal funds rate range by 100 basis points. Below is a table showing Treasury and MBS rates since September 17th. Click on graph for larger image. Ho, Ho, Ho!!!! Happy Holidays!!!! 10-Year T1PS Yield…
by Calculated Risk on 12/24/2024 12:46:00 PM Today, in the CalculatedRisk Real Estate Newsletter: Lawler: New Census Population Estimates Show Massively Higher Population Growth Excerpt: From housing economist Tom Lawler: New Census Population Estimates Incorporate Revised Methodology for Estimating Net International Migration, Show Massively Higher Population Growth Last week Census released its “Vintage 2024” estimates…
by Calculated Risk on 12/24/2024 09:16:00 AM Today, in the CalculatedRisk Real Estate Newsletter: Question #10 for 2025: Will inventory increase further in 2025? Excerpt: Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Some of these questions concern real estate (inventory, house prices, housing starts, new home…