Retail Sales Weak In December; Home Affordability Gets A Boost
Mortgage rates are easing lower this morning on just-released, slightly worse-than-expected Retail Sales data from December 2010.
Housing Starts Data Much Better Than The Headlines Would Have You Believe
Newspaper stories can be misleading sometimes -- especially with respect to real estate. We saw a terrific example of this Wednesday.
Housing Starts Jump In September, Buoyed By Homebuilder Confidence
According to the Commerce Department, the number of single-family Housing Starts increased to 452,000 units in September, a 19,000 improvement over August.
Buyers Take The May 2010 New Home Sales Data All The Way To The Bank
The press is referring to the May New Home Sales report as "poor". A closer look, however, shows that may not be the case.
Housing Starts Soar To 6-Month High In January… Or Do They?
Sometimes, headlines for housing can be misleading and this week gave us a terrific example. On Wednesday, the Commerce Department released its Housing Starts data for January 2010. The data showed starts at a 6-month high. The real story is something different.
New Home Sales Rise In November; Hint At Strong Winter 2011
Like most housing data from November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling.