U.S. employers continued their trend of adding workers, as the Labor Department reported the economy added 164,000 jobs in July and the unemployment rate held at 3.7%. The Labor Department also reported that average hourly earnings exceeded expectations, rising 3.2% ...
Read More »What is Causing the Decline in Single-Family Authorizations?
BuildFax’s latest Housing Health Report revealed year-over-year declines in single-family housing authorizations, as they have fallen 2.75% since 2018. Also seeing declines are existing housing maintenance volume (0.75%) and existing remodel volume (0.33%). The report uses U.S. property condition and ...
Read More »Key Factors Impacting Inventory and Home Flipping
Blomquist sat down with DS News to provide perspectives on the current housing market and the trends that will define the near term. Editor's note: this piece originally appeared in the June edition of DS News.
Read More »Waters: National Flood Insurance Program Remains “At Risk”
During a recent conference, Rep. Maxine Waters, Chairwoman of the House Financial Services Committee, outlined her priorities for strengthening the National Flood Insurance Program.
Read More »Foreclosure Rates Continue to Decline
No state reported an increase in mortgages delinquent more than 30 days, according to new data, but several East Coast areas are still reeling from natural disasters.
Read More »The Week Ahead: Carson, Insiders to Discuss Housing Economy
Leaders from various government agencies and the mortgage service industry will come together on Tuesday at the 10th Annual Five Star Government Forum (FSGF) at the Newseum in Washington, D.C. The FSGF brings together officials making critical decisions on the ...
Read More »The Inverted Yield Curve—A Recessionary Red Flag?
An inverted yield curve late last week has some sounding the alarm for a possible economic downturn on the horizon. How could this affect a residential mortgage market that’s already starting to cool?
Read More »Economist on the Housing Market: “A Complete Wreck”
An economist sheds light on why he thinks every sector in the U.S. has cleaned itself up from the recession with one exception: housing.
Read More »The 10 Most Homebuyer Friendly Markets
Wondering where new home buyers will be shopping? See which metros are most favorable and why.
Read More »Ask the Economist with Mark Boud
Here's what Mark Boud, SVP and Chief Economist at Metrostudy had to say about the trends in the housing market, the affordability crisis, and the reasons he was drawn to economics. Editor's Note: This interview originally appeared in the February issue of DS News.
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