The Mortgage Bankers Association reported that mortgage applications fell 5.6% last week while the US Census Bureau reports that home ownership slipped again in the first quarter of the year to 66.4% compared to peak of 69.2% in the 2004 fourth quarter. Is it possible that the housing bust has convinced some people that owning […]
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What Next: S&P/Case-Shiller Indices Next Tuesday
Last month’s report, for March 2011, confirmed that housing prices are headed down and that some cities have broken below the lows set in 2009. As we approach the report for April due out on Tuesday June 28th at 9 AM, here’s a look at some recent data and comments which might give a hint […]
Economic Data, Fed, Housing Data, Mortgage Markets, S&P CoreLogic Case-Shiller, Uncategorized
condo prices, Economy and Real Estate, frannie, home prices