Revealed: BlackRock owns considerable stock in housing’s biggest players

Who wins the Super Bowl…of real estate?

Redfin deflates Patriots' homeowners

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done
W S

Items Tagged with 'Economy'

ARTICLES

This housing market will never be saved

Six years later, still struggling
Brena Swanson
According to one bold housing columnist, housing will never spring back to its pre-recession levels. Despite all the government’s best attempts to spur activity again, these headwinds will remain.
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Initial jobless claims above 300K for third week

January employment looking grim
Trey Garrison
Initial jobless claims missed expectations yet again, staying well above the 300,000 mark for the third week running. This could bode ill for the rest of the year. Here’s the story.
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Fannie Mae: Economy pulls housing out of doldrums

Improving fundamentals support gradual housing momentum
Trey Garrison
Economic growth is expected to accelerate modestly this year and drag last year’s unspectacular housing activity upward, according to Fannie Mae. Here's why.
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Citigroup 4Q net income tumbles to $350M

Income dented by legal fees
Brena Swanson
Citigroup's fourth-quarter earnings were significantly impacted by higher operating expenses. But despite the tough year, Michael Corbat, CEO of Citigroup, said the difficult year helped to pave the way for a strong 2015.
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Employers added 252K jobs in December, beating expectations

Wage decline biggest in 8 years; workforce participation at Dec. 1977 level
Trey Garrison
The economy added 252,000 jobs in December, but wages nose-dived the most since 2006, meaning the job recovery is focused in the low-paying service industry. Here’s how it breaks down.
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Monday Morning Cup of Coffee: Homeowners and economy well positioned for 2015

New year's resolution to buy a home? Get tips here
Brena Swanson

The U.S. economy is well positioned as we head into the new year, and the benefits of the economic recovery are finally spreading to ordinary Americans.


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Construction spending reverses course in November, falls slightly

Still beats last November's spending
Brena Swanson
Construction spending fell after last month’s uptick. However, its slight fall didn't completely erase all of October's gains.
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The truth about a housing "recovery" in 2015

Lynn Effinger looks into his crystal ball
Lynn Effinger
With a virtual plethora of articles appearing in 2014 throughout the “regular” media, the blogosphere, and various other venues regarding the strength or weakness in our economy, one could surmise that there is a clear trend. One expert says that, yes, there is a trend, but it is not a positive one.
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CardHub: Credit card default at 29-year low

But there's also bad news
Trey Garrison
Credit card default rates are a good measure of economic strength and default rates are at a 29-year low. But there's bad news -- how much Americans added to their cards in 2014.
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From HW Magazine

Putting skin in the game

Can rising rates loosen lending standards? Well, first, rates have to rise...
According to Fannie Mae's National Housing Survey for August, lenders anticipate interest rates rising steadily in the coming months and expect an even bigger and concurrent reduction in mortgage loan demand. Will that reduced demand drive lenders to loosen credit standards?
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