The U.S. Bureau of Labor Statistics (BLS) is reporting that in February, nonfarm payroll employment increased in 38 states and […]
News in end use
Pending Home Sales Increase 2.4% in February
The National Association of Realtors® (NAR) has reported Pending Homes Sales Index (PHSI) rose 2.4% to 111.5 in February. Year-over-Year […]
Gross Domestic Product Increases in the Fourth Quarter
According to the latest (third) estimate released by the U.S. Department of Commerce, Bureau of Economic Analysis (BEA) real gross […]
Personal Income and Outlays Increase in February
According to the Bureau of Economic Analysis (BEA) Personal Income (PI) increased $106.8 billion (0.6%) in February Disposable Personal Income […]
30-Year Fixed Mortgage Rate Moves Lower
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending March 26th, 2020. The PMMS shows that […]
National Association of Home Builders Survey Reveals COVID-19 Negatively Impacting Customer Traffic
In a survey conducted by the National Association of Home Builders (NAHB) between March 18th through the 23rd, builders were […]
U.S. Jobless Rate Soars to Record High as COVID-19 Pandemic Grows
The impact of the COVID-19 pandemic continues to take its toll on the U.S. economy. This morning’s (3-26-20) the U.S. […]
U.S. Home Prices Increase 0.3% in January 2020
The Federal Housing Finance Agency (FHFA), Home Price Index (HPI) reports that U.S. house prices rose in January, 0.3% from the […]
Mortgage Applications Decline in Week Ending March 20th 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 20th March 2020, […]
U.S. Home Size Continue to Shrink but First Time Home Buyers Have a List of Must Haves
After increasing in size from 2010 to 2015, the average U.S. home size has fallen steadily for the past four […]