Tag Archives: Chief Economist

Is There a Housing Shortage?

It’s hard to imagine, given that the nation’s housing market is still digging itself out of an epic foreclosure crisis, that there just are not enough homes available to buy. That, apparently, is the case, according to the National Association … Continue reading

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Credit Clips Homebuilder Confidence

After a summer of significant monthly jumps in confidence among the nation’s home builders, fall appears to be bringing in a chill. Builder sentiment edged up just one point in October, according to an industry association index, but credit issues … Continue reading

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Is Housing Recovering as Much as Everyone Thinks?

The news is finally good: Consumer sentiment in housing is at the highest level since the recovery began.  Realtors say not only are buyers coming back, but much-needed sellers are too. Inventories of distressed properties are shrinking, and mortgage rates … Continue reading

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After Brisk Summer, Pending Home Sales Drop in August

Fewer Americans signed contracts to buy existing homes in August. After gains in home sales over the spring and summer, an industry survey surprised expectations, registering a 2.6 percent drop in pending home sales from July. This drop forecasts that … Continue reading

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Home Builders Bullish for Fifth Straight Month

The nation’s once-beleaguered home builders are more confident than they have been in six years. A surge in new orders for homes, especially among the big public builders, pushed builder sentiment on an industry survey up three points to the … Continue reading

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