Government

June 5, 2019

Consumer Confidence Surges to Near 18-Year High

Expectations of economic growth paint a sunny picture for summer home buying with consumer confidence approaching an 18-year high. Potential buyers positively assessed income, business and […]
June 3, 2019

Home Affordability Returns After 3 Years

In March, home prices retreated 0.9%, sliding 0.04% year over year, according to First American’s Real House Price Index.  According to First American’s data, unadjusted house […]
May 31, 2019

Consumer Confidence on the Rise

American optimism about the economy continued to recover in May, following a dip earlier this year, according to a monthly barometer of consumers’ mood.  The Conference Board […]
May 7, 2019

Banks Hold On to Riskier Credit Card Loans

The credit card loans that banks bundle into bonds and sell to investors are outperforming the loans that lenders have held onto, according to a recent […]
May 2, 2019

Most Insurers Believe a Recession is Looming

Most insurers believe that the U.S. will enter an economic recession sometime within the next two years, according to the latest annual Goldman Sachs Asset Management […]
May 1, 2019

Home Vacancy Rates are Back to the 90s

Home vacancy data released by the Census Bureau, shows that we’re back to the 90s.  The rate of vacant homes dropped to 1.4%, the lowest level […]
April 30, 2019

Credit Card Charge-Offs Rise

Red flags are flying in the credit-card industry after a key gauge of bad debt jumped to the highest level in almost seven years. The charge-off […]
April 16, 2019

2108 Set New Record for Commercial Real Estate/Multifamily Lending

Commercial and multifamily lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion. “Borrowing and lending backed by […]
April 12, 2019

74% of Millennials Make Financial Sacrifices for Housing

Despite slowing home price growth, 74% of millennials make financial concessions to afford housing.  By comparison, only 40% of older generations make these sacrifices, according to CoreLogic. Overvalue […]