Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
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Items Tagged with 'housing recovery'

ARTICLES

Realtor.com chief economist answers 5 burning questions about housing’s future

Home prices, sales, credit boxes, and credit access – this has it all
Trey Garrison
Realtor.com Chief Economist Jonathan Smoke talks home prices, home sales, credit boxes and more in this exclusive HousingWire interview that hints at what his 2015 forecasts may hold.
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Homebuilders: Just one in six housing markets back to normal

NAHB says recovery happening but very slowly
Trey Garrison
Markets in 59 of the roughly 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index.
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KBW upgrades Nationstar on second look at MSRs

Sterne Agee lowers FY2014 EPS estimate
Trey Garrison
Nationstar Mortgage Holdings is getting a little more love after its rough time last week following its announcement of declining revenue for the third quarter.
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October job creation misses expectations with just 214K added

Unemployment edges down to 5.8%, wages flat
Trey Garrison
Total nonfarm payroll employment rose by 214,000 in October, below analyst expectations of 235,000, and the unemployment rate edged down to 5.8%, according to the Bureau of Labor Statistics. Wages remained flat.
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Analysts: New home sales stall-out is a disappointment

Expect some rebound but demand remains restrained
Trey Garrison
New home sales stalled in September to just 0.2% growth, following the previous month’s downwardly revised jump of 10%. Analysts think this is more an outlier than a trend, but any optimism is heavily qualified.
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This is why Fannie and Freddie mortgage initiatives won't work

MBA declarations are feel-good, but temporary
Lynn Effinger
Several newsworthy events have occurred over the past several days that would seem to indicate that the housing “recovery” is picking up steam. While that would be welcome news for our country in general and our industry in particular, these reports are tempered by the potential unintended consequences of certain actions either taken or not taken.
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Freddie Mac: The 4 ingredients for housing recovery

Recovery still has a ways to go
Brena Swanson
"Combined, these forces, once firing on all cylinders, can provide the lift off needed for economic growth to be stronger in 2015,"said Frank Nothaft, Freddie Mac vice president and chief economist.
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Home value loss and recovery starkly different by race

EPI: Hispanic gains outpace blacks, whites
Trey Garrison
A recent report by the Federal Reserve shows that from 2010 to 2013, the inflation-adjusted median home value for all homeowners declined 7%.
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Initial jobless claims beat expectations, down to 280K

Weekly claims lowest since 2000
Trey Garrison
Initial jobless claims dropped to 280,000 for the week ending Sept. 13, dramatically better than expectations of 305,000, the lowest since 2000.
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Monday Morning Cup of Coffee: Headed toward another housing crash?

Luxury home sales about to tank? New CFPB rules ahead. Mortgage payoffs no more?
Trey Garrison
Are we going back down the same path that led to the housing crash? Where is the luxury home market heading, and why is the economy still putting along in low gear? Is paying off the mortgage going the way of the fax machine?
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