Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
W S
Lending

Here's why you can expect weak home sales in 1Q2014

4 charts show you where this quarter is going

weakhomesales
KEYWORDS DQNews
/ Print / Reprints /
| Share More
/ Text Size+

There are early signs that housing sales and home prices for the first quarter of 2014 are going to be weak.

Lawrence Yun, chief economist at the National Association of Realtors, told HousingWire on Monday that he’s already seeing signs that the first quarter of 2014 is going to be weak for home sales.

Now comes data from DQNews that show sales for the last 30 days have been way down.

Using the most current data from the last 30 days, DQNews covers 99 of the largest 100 metropolitan statistical areas in the United States.

Their numbers are not modeled, but represent real sales counts and medians. (They brag that behind every digit in their data is a sales event in their database.) 

First, home sales and home prices:

 

Next up, a historical look at home prices and sales going back monthly through 2012.

Click below for the final two critical charts.

Recent Articles by Trey Garrison

Comments powered by Disqus