Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Plus the mortgage bond outlook, the NYT joins the GSE investor struggle, and more

Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

LandCastle Title’s operations will not be affected

8 avoidable mistakes first-time homebuyers keep making

Stop doing these things
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Items Tagged with 'Pending Home Sales'

ARTICLES

Pending home sales continue momentum in May

Northeast leads as South, Midwest decline
Trey Garrison
Pending home sales rose less than expected in May but are still at the highest level since 2006. Realtors are pleased and NAR is optimistic.
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Pending home sales rise to highest in nine years in April

Index rises for all four major regions
Trey Garrison
Pending home sales rose in April for the fourth straight month and reached their highest level in nine years. Is it springtime for home sales?
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Pending home sales continue upward trajectory in March

Rise for three straight months
Brena Swanson
Once again, pending homes sales increased, staying at their highest level since June 2013. While demand appears to be increasing, the market is still suffering from a shortage of inventory.
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Pending home sales surge again in February

Good news for the spring homebuying season
Brena Swanson
Good news for the industry, especially given that 2015 is off to a bad start for housing in terms of housing starts, completions and permits. Pending home sales in February surged to their highest level since June 2013, continuing the record high set last month.
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California home sales boom hits six-year high

Another positive report for spring buying season
Brena Swanson
Pending home sales surged in February, posting strong improvement as it enters the spring homebuying season. Is the housing market getting better in the notoriously difficult state to live in?
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Pending home sales surge to highest level in 18 months

Buyer demand boosts sales
Brena Swanson
Pending home sales recovered after last month's unexpected steep decline. In January, pending home sales surged to the highest level since August 2013, thanks to improved buyer demand at the beginning of 2015.
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Pending home sales see second biggest monthly drop since May 2010

NAR thinks it may be time for existing owners to trade up
Trey Garrison
Pending homes sales stalled out in December, the worst monthly drop since May 2010. Here's what happened and what it portends.
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Monday Morning Cup of Coffee: Ocwen settles "frustrating skirmish" with California

But that's just over file access, not file content
Trey Garrison
Ocwen ended its disastrous week on Friday by settling with the state of California for $2.5 million — but that's just to ensure the state gets the information it asked for. Any violations that turn up once it has the information could be a whole other ball of wax.
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Pending home sales rise slightly in November

Existing home prices are up 5.6% for the year
Ben Lane
Consistent economic growth and steady hiring helped to drive pending home sales up slightly in November, the National Association of Realtors said in its Pending Homes Sales Index. In fact, November's year-over-year gain was the highest since August 2013.
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Pending home sales reverse course

Slightly drop from last week’s levels
Brena Swanson
Despite pending home sales posting a slight decline, it is still above year-over-year levels for the second month straight, and the rest of the news for homes sales doesn’t look bad either.
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