Tuesday: Case-Shiller House Prices

From Matthew Graham at Mortgage News Daily: Rates Begin Week Unchanged at July’s Lows Mortgage rates held steady today, which leaves them in line with the lowest levels in July. [30YR FIXED – 4.00%] … The most obvious calendar item is the...

Funny Real Estate Quote from 10 Years Ago

Time flies! Ten years ago, the NAR reported existing home sales of 5.75 million SAAR for June 2007. Since then sales for June 2007 have been revised down to 5.120 million SAAR. Note: Earlier today, the NAR reported June 2017 sales at 5.52 million SAAR – after...

A Few Comments on June Existing Home Sales

Earlier: NAR: “Existing-Home Sales Retreat 1.8 Percent in June” Inventory is still very low and falling year-over-year (down 7.1% year-over-year in June). Inventory has declined year-over-year for 25 consecutive months, although the pace of decline has...

Sunday Night Futures

Weekend:• Schedule for Week of July 23, 2017 Monday:• At 10:00 AM ET, Existing Home Sales for June from the National Association of Realtors (NAR). The consensus is for 5.58 million SAAR, down from 5.62 million in May. Housing economist Tom Lawler expects the NAR...