Category Archives: Yoono

Bust To Boom: Why Housing Matters, Economically

The economy has peppered political speeches for much of the presidential campaign. But talk of creating jobs has stolen thunder from the housing market. The epic housing collapse four years ago was a key ingredient in creating the Great Recession … Continue reading

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New Home Sales Continue Improvement

September new home sales increased 5.7% to an annual rate of 389,000, the highest level since the home buyer tax credit expired in early 2010. The three-month moving average of new home sales has increased steadily for over a year … Continue reading

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APRIL HOME SALES, EXISTING AND NEW…

APRIL HOME SALES, EXISTING AND NEW… The big economic news this week covers the full read on April home sales, starting with Existing Home Sales on Tuesday, expected UP to a 4.65 million annual rate. Wednesday we’ll see New Home … Continue reading

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Wall Street’s bears remained in control

Wall Street’s bears remained in control as the Dow and S&P 500 headed lower for the third week in a row, the S&P 500 posting its worst weekly performance since November. Investors worried about Greece leaving the euro zone. The country’s … Continue reading

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“Do what you can, with what you have, where you are.” –Theodore Roosevelt, 26th U.S. President

… Home builders are doing plenty with what they have, as Housing Starts rose 2.6% in April to a 717,000 annual rate. Single-family units were up 2.3% for the month and are up 18.8% from a year ago. Multi-family starts were … Continue reading

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Healthiest Housing Markets: Mid-2011 Update

What can you say about the fickle economic forces that drive the home building industry? Markets that were among the healthiest six months ago have lost favor, due to weakness in the oil and gas sector of the economy. They’ve been … Continue reading

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Lawmakers Cut Deal to Reinstate Higher FHA Loan Limits

The government keeps saying it wants to reduce its presence in the housing and mortgage sectors. But not just yet. A bipartisan panel of House and Senate lawmakers reportedly has cut a deal that, if passed by Congress, would allow … Continue reading

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It has been said that democracy is the worst form of government except all the others that have been tried. Winston Churchill

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a mixed bag in September

The housing market was a mixed bag in September as loan performance overall declined slightly along with existing home sales, while new home sales showed improvement along with foreclosure starts and sales, but overall, things looked better than they did a year … Continue reading

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