Black Knight publishes a monthly Mortgage Monitor report that contains interesting information on the mortgage market and housing.
Mortgage costs are the most expensive in years as the Federal Reserve embarks on aggressive quantitative tightening, implying that the souring macroeconomic climate may not support extraordinary home price growth for much longer as the national inventory of homes increases for the first time in years, according to Realtor.com data.
Newsfeed: “Major Turning Point” – US Housing Inventory Rises For First Time Since 2019 Read More »
A new analysis of IRS data reveals the mass migration of Americans from blue states to red states and the significant ramifications as a result of the widespread resettlement.
Mark Spitznagel is paid to be prepared for when the market’s weakest links are exposed in a big way.
Newsfeed: Black Swan Investor Is Watching for ‘Greatest Credit Bubble’ to Pop Read More »
Rent growth accelerated slightly again this month, with our national index up by 1.2 percent over the course of May.
Newsfeed: Rent Increases Up Sharply Year-over-year, Pace is slowing Read More »
Apartment construction activity in the U.S. is at a record high, led by some key markets that are logging significant building rates.
Newsfeed: Markets With the Most Multifamily Construction Activity Read More »
With US Macro Surprise data in freefall throughout May, expectations were for Manufacturing sentiment surveys to slide (ISM extending its weakness and PMI confirming its flash dip).
The S&P CoreLogic Case-Shiller national home price index showed prices were up 20.6 percent in March compared with 12-months earlier. That is a faster pace than the 20 percent gain in February.
The emerging multi-polar world now includes foreign-exchange markets — as China and Russia, the biggest challengers to U.S. supremacy, boost direct trading between their currencies.
Newsfeed: US Rivals Shunning Dollar Lifts Yuan-Ruble Trading by 1,067% Read More »
With home sales slumping across the nation (while mean home prices are surging relative to median, signaling higher-end homes dominating the sales), this morning’s Case-Shiller (newly minted S&P Global) home price index data exploded higher.
Newsfeed: Caser-Shiller Home Prices Soared By Record In March, But… Read More »