At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • New Home Sales Increase to 664,000 Annual Rate in November • FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores • Lawler: New Census Population Estimates Show Massively Higher Population Growth • Question #8 for 2025: How…
by Calculated Risk on 12/28/2024 08:11:00 AM Happy New Year! Wishing you all the best in 2025. The key reports this week are the October Case-Shiller house price indexes, the December ISM manufacturing survey and December vehicle sales. —– Monday, December 30th —– 9:45 AM: Chicago Purchasing Managers Index for December. 10:00 AM: Pending Home…
by Calculated Risk on 12/27/2024 07:11:00 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 12/27/2024 11:21:00 AM Today, in the Calculated Risk Real Estate Newsletter: FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores A brief excerpt: Here are some graphs on outstanding mortgages by interest rate, the average mortgage interest rate, borrowers’ credit scores and current loan-to-value (LTV) from the FHFA’s National…
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