24 Apr 2015

U.S. Housing Data Mixed: Home Construction ETF (ITB) In Focus

by | posted in: Economy | 0

This week is perfect to be discussing U.S. housing dynamics as the March sales numbers for existing and new homes were just published.  The report was mixed.  Sales of existing homes rose 6.1 percent to an annual rate of 5.19 … Continued

3 Nov 2014

Rapid recovery in U.S. home prices probably negating mortgage-rate tailwind

by | posted in: Credit, Economy | 0

Solid improvement in U.S. home prices comes with cost Peak bubble home ownership at 69-percent-plus anomaly not average Price weakness in recent months plus mortgage-rate tailwind unable to seriously ignite sales Leading up to the epic housing bubble in the … Continued