Ugly But Honest News 3-15-2017

Real estate housing and economic news round up for March 15 2017

 

 

Return to Reality?  NFIB Small Business Optimism Index Decreased Slightly in February

 

Normal for Homeowners to Overestimate Their Home's Value:  Appraisals Were an Average of 1.69% Lower Than What Homeowners Expected in February

 

Somewhat Encouraging:  South Carolina's Employment Situation for January 2017

Looking at local unemployment rates:

  • Anderson County 4.5%

  • Oconee County 4.9%

  • Pickens County 4.8%

 

Also Encouraging:  First American Says Improved Real Estate Outlook Suggests Strong Spring Market

 

Very Nice:  CEO Expectations for Sales, Hiring & Investment Make Sharp Rise

 

Nice:  New Home Purchase Mortgage Applications Increase 2.2% Year Over Year

 

Previous Link Helps to Explain Why:  Home Builder Confidence at a 12-Year High

 

Get Ready for Higher Mortgage Rates:  Why the Fed Will Hike Rates Again And Again

 

Remain Calm:  Multifamily Completions to Peak in 2017

 

Still Plenty of Opportunities Out There:  Flipping Activity is the Second Lowest Since 2012

 

Good for the Economy:  Spending on Home Improvements Expected to Increase This Year in 43 of the 50 Largest U.S. Metropolitan Areas

 

Yet Another Bank Punished:  CFPB Takes Action Against Nationstar Mortgage for Flawed Mortgage Loan Reporting

 

And Another Settlement:  Wells Fargo, RBS, Deutsche Bank in $165M NovaStar Mortgage Settlement

 

Looking Forward:  Will Robots Take Your Job Or Create Meaningful Work

 

news
Latest Blog Post

Real estate housing and economic news for March 25 2017

Talking about declining foreclosures, retail businesses hurting, low inventory of homes for sale and much more!

subscribe newsletter Anderson SC real estate blog
subscribe RSS Anderson SC real estate blog