Today's Linkage on the Capital One hack, real estate fundraising, and where homebuyers are moving
Pending Home Sales
The headline numbers for both pending home sales and Case-Shiller show strength in the real estate market.
While pending home sales aren't skyrocketing, they still rose in May, which tells us spring homebuying is still hot and summer is setting up decently.
Today's Linkage on millennial wannabe homebuyers and the David Bowie approach to homebuying
Rates hovering near 4.5%, and shomebuyers aren't having terms dictated to them by sellers for the first time in years.
Your housing search starts on your street, not Wall Street.
Today's fundamentals: Nov pending home sales, and Christmas week chain store sales.
Today's fundamentals: pending home sales, plus lots more: mortgage applications, Chicago PMI, personal income/spending, ADP jobs report
Roundup today's U.S. economic fundamentals. Rates within .125% of record lows.
Jobs Initial Jobless Claims (week ended 9/22/2012) – Initial Claims 359,000. Previous revised up to 385,000 – 4-week Moving Average 374,000. Previous was 378,500. This would be good news except for the following. GDP (2ndQ2012) – 2ndQ2012 GDP was revised downward from +1.7% to +1.3%. There are two distinct issues: 1) what is happening
Today's rate briefing and a rundown of pending home sales, jobless claims, durable goods orders.
Charts and comments on March pending home sales and this week's jobless claims.
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