Ugly But Honest Round Up 3-16-2017

Real estate housing and economic news round up for March 16 2017



Choo Choo:  Total U.S. Weekly Rail Traffic Up 4.4% Compared With the Same Week Last Year


Good News:  Closing Time for All Mortgages Decreased from 51 Days in January to 46 Days in February


And So It Begins:  Fed Raises Interest Rates and Says More Hikes On the Way


BOHICA:  How the Fed Rate Hike Will Impact Millions of Americans


Surprising Revelation:  Why the Fed is Raising Rates!


Pain is a Great Motivator:  Why Homebuilders are Bucking Interest Rate Fears


Overly Optimistic? Time Will Tell:  Fannie Expects Economy to Grow 2.0% In 2017


Very Interesting:  Shifting Family Structure Hurting Homeownership


From BEFORE Fed Raising Rates:  MBA Reports Mortgage Applications and Rates Increase


Also Prior to Fed Raising Their Benchmark Rate:  Freddie Reports Mortgage Rates Moved Higher


Sooner Could Be Better Than Later:  72% Believe That NOW Is Good Time to Buy a Home


Good News:  Housing Starts and Building Permits Both Increase Year-over-Year


Also See:  US 1-Unit Housing Starts Back To 1993 Levels Despite 25% Increase In Population Since 1993


Must Read:  The Real Reason for QE


Good But Could Be Better:  Initial Weekly Unemployment Claims Decrease BUT 4-Week Average Increases Tiny Bit


Only Gonna Get Worse:  House Purchase-Power SLAMMED Going Into Spring Busy Season


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!

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