Friday, July 19, 2019

Second Quarter Economic Update: Slower Growth and Trade Headwinds Not Denting Buyer Demand

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If you’ve been keeping up on economic news lately, both the global and U.S. domestic economies are in an odd place. Not too long ago, a co...
Friday, June 14, 2019

NIMBY, YIMBY AND PHIMBY: The Challenges of Providing Attainable Housing

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As a native Californian, I can tell you that The Golden State can be a great place to live if you enjoy three critical factors: Affordable...
Tuesday, May 7, 2019

The Business World -- Especially Home Builders -- Actively Prepares for Climate Change

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It seems that nearly every day now, we read another headline about new high temperature records being broken throughout the world.   For...
Monday, March 18, 2019

The Basics of Opportunity Zones: 2017 Tax Reform Provides Development Incentives

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You’ve probably heard something recently about Opportunity Zones (or o-zones), which were established by the Tax Cuts and Jobs Act of 2017...
Friday, February 15, 2019

Builders and Developers Adjust to a Softer Market

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If there is one thing that building industry pros are good at, it is adjusting to the ebbs and flows of the cyclical nature of the housing m...
Tuesday, January 15, 2019

Technology Continues to Change Real Estate Sales

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Lead, Follow, or Get out of the Way -- Author Unknown Is it time to finally bid goodbye to the traditional method of selling homes al...
Wednesday, December 12, 2018

A Look Ahead to 2019: A more balanced housing market, but geopolitical turmoil brews

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For most of this year, we saw the steady global expansion underway since mid-2016 continuing, with growth during the 2018-19 period proje...
Thursday, November 29, 2018

Personal income rose 0.5 percent in October vs. 0.6 percent rise in personal spending

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Both personal and disposable income rose 0.5 percent in October, versus a rise of 0.6 percent for personal spending, resulting in the person...

October Pending Home Sales Index down 2.6 percent from September and 6.7 percent year-on-year

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The Pending Home Sales Index  decreased 2.6 percent to 102.1 in October, down from 104.8 in September. Year-over-year contract signings drop...

October PCE Price Index up 0.2 percent from September and 2.0 percent year-on-year

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The Fed-preferred October PCE price index increased 0.2 percent from September, and 2.0 percent year-on-year. Excluding food and energy, the...
Wednesday, November 28, 2018

Mortgage applications rebound 5.5 percent as fixed rates slip four basis points

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The Market Composite Index increased 5.5 percent on a seasonally adjusted basis from one week earlier, with purchase loans up 9.0 percent an...

October new home sales declined 8.9 percent from September and 12.0 percent year-on-year

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Sales of new single-family houses in October 2018 fell 8.9 percent from September and 12.0 percent year-on-year to the lowest rate in nearly...
Monday, November 26, 2018

November private sector output index dips to 54.4, but still well in positive territory

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The IHS Markit Flash U.S. Composite PMI Output Index registered 54.4 in November, down from 54.9 in October but still well above the 50.0 n...

October Leading Economic Index up slightly, but pace of improvement slower

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The US Leading Economic Index (LEI) increased slightly in October, but the pace of improvement slowed for the first time since May. Although...
Thursday, November 15, 2018

October Home Purchase Sentiment Index dipped 2.0 points to 85.7

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The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased in October, falling 2.0 points to 85.7, continuing its recent downward trend....