America’s housing not ready for ever-expanding over-50 population

America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility, affordability for older Boomers

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
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Items Tagged with 'New Home Sales'

ARTICLES

This 1 chart shows why housing can’t shake the bad news blues

And yet every report comes in as “unexpected” to some
Trey Garrison
Going into Monday’s report on new home sales, analysts were predicting new home sales would come in above the 430,000 annualized rate, which would have been a 6% gain. Instead we got a 2.4% decline. A big swing and a miss. "Unexpectedly," of course.
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New home sales decline to four-month low, down 2.4%

Sales up YOY but well below analyst expectations
Trey Garrison
New home sales disappointed in July, coming in at a seasonally adjusted annual rate of 412,000, which is 2.4% below the revised but still paltry June rate of 422,000.
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Monday Morning Cup of Coffee: Housing data storm ahead

Can housing shake off the winter, spring and now summer doldrums?
Trey Garrison
It’s a week of key housing data and metrics releases, and the industry will get to see if housing shakes off the winter, spring and now summer doldrums, or if everyone admits that 2014 has been suboptimal. Either way, HousingWire will be there first with the most.
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New home sales collapse, erasing recent surge

Sales 11.5% down YOY; fall to 406,000 annual pace
Trey Garrison
Sales of new single-family houses plummeted in June to an annualized rate of 406,000, at least 20% below most analyst estimates. It was the biggest miss for new home sales in a year, and brings new home sales down to a level not see since December 2012.
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New-home sales surge in May as prices decline

Surge brings sales rate to 64% below pre-crisis level
Trey Garrison
New-home sales surged in May driven by gains in the West, bringing the new-home sales pace to about two-thirds below the pre-crisis level, coming in at an annual rate of 504,000.
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These 3 homebuilders are primed to capitalize on the market

Low interest rates viewed as positive for homebuilders
Ben Lane
Interest rates are at the lowest level in nine months. That could prove to be a boon for three homebuilders. Here's why.
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Scorecard: Housing is trending positively

But we’re not out of the woods yet
Ben Lane
“April’s Housing Scorecard shows that the housing market is stabilizing, as home prices have risen nearly 7% from last year, and foreclosure completions are at their lowest level since mid-2007,” said HUD Assistant Secretary for Policy Development and Research Katherine O’Regan.
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Residential construction spending up 16% in first quarter

Rises from from $65.29 billion in 2013 to $75.73 billion
Ben Lane
The increase in year-over-year spending is coming from the private sector, according to the U.S. Census Bureau. Private residential construction was up 16.7% in the first quarter, from $63.98 billion in Q1 2013 to $74.67 billion in 2014.
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Pending home sales tick up from February but 7.9% below March 2013

Biggest gains in the South, West
Trey Garrison
The National Association of Realtors pending home sales index rose 3.4% to 97.4 from an upwardly revised 94.2 in February, but is 7.9% below March 2013 when it was 105.7.
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The credit crisis remains real

Fear of mortgage rejection drives away almost half of potential buyers
Ben Lane
Increasingly tight credit standards and fear of rejection are keeping nearly half of the potential buyers out of the market because they’re afraid they won’t be able to qualify for a mortgage. The game is over before it’s even begun.
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