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Freddit Mac economist sees new households outpacing apartment boom

Source: United Press International, Dec 12 2012, 3:47pm CST

In his 2013 forecast, Freddie Mac’s chief economist, Frank Nothaft, sees more than a million new households bolstering housing starts, driving apartment vacancy rates down to ten year lows and outpacing the boom in new apartment constru ...

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10

7 hours ago

Housing Dominates Week’s Data Calendar

Source: Wall Street Journal Blogs  |   May 19 2013, 11:35am CDT

By Kathleen Madigan Housing will dominate the sparse calendar this week. The meager offering of data will allow investors to focus on speeches by Federal Reserve officials as well as the release of policy minute ...

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9

1 day ago

Low rates sparking surge in mortgage refinancing

Source: Milwaukee Journal Sentinel  |   May 18 2013, 2:31pm CDT

As mortgage rates descended, David and Marilou Jasinski decided to jump on for the ride. After buying their house in Sussex in 2004 with a 30-year fixed-rate mortgage sporting an interest rate of about 5.5%, they refinanced to a 20-ye ...

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8

1 day ago

Want to Refinance Your Student Loans? The CFPB Wants to Help

Source: Daily Finance  |   May 18 2013, 4:22am CDT

Getty Images In recent years, millions of homeowners have taken advantage of low interest rates to refinance their mortgages. Yet one area where most people haven't benefited from lower rates on long-term debt is with their studen ...

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7

1 day ago

Amid economic boom, affordable housing a must

Source: Regina Leader-Post  |   May 18 2013, 4:07am CDT

Recent summits in Saskatoon and Regina were held to address housing issues in those regions and in Saskatchewan generally, and they both certainly highlight the need for new and innovative approaches that will increase housing supp ...

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6

1 day ago

Index: Economy to gain in health

Source: Arkansas Online  |   May 18 2013, 3:47am CDT

MEL EVANSWorkers put together a building in Piscataway, N.J., last month. The Conference Board said Friday that its April index of leading indicators increased 0.6 percent last month after a dip in March. WASHINGTON - A measure of the U.S. ec ...

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Update
5

1 day ago

Housing market showing signs of bubbling

Source: The Portland Maine Press Herald  |   May 17 2013, 8:15pm CDT

BOSTON - Just a year since the U.S. housing market hit bottom after the biggest plunge in eight decades, signs of excess are re-emerging. U.S. home prices jumped almost 11 percent in March from a year earl ...

Continue reading on: The Portland Maine Press Herald  More like this

 
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4

2 days ago

Federal rental asssistance must target the most needy

Source: San Antonio Express  |   May 17 2013, 4:31pm CDT

One of the critical housing challenges facing our country is the impact of rising rents on the most vulnerable households. Higher rental costs will make it more difficult for these households to pay for daily living expenses and may forc ...

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3

2 days ago

Federal Reserve: rising inequality jeopardizes economic recovery

Source: Russia Today  |   May 17 2013, 10:58am CDT

A top ranking member of the United States Federal Reserve cautioned economists this week that growing inequality within the US was worsening the odds of a quick return to the conditions of the pre-recession days. Fed Board of Governors member ...

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2

2 days ago

Gauge of US economy's future health up in April

Source: Omaha.com  |   May 17 2013, 10:31am CDT

Construction has begun on a nearly $14 million development downtown at 15th and Jackson Streets that will include four floors of apartments, two floors of parking and one retail bay. Construction has begun on a nearly $14 ...

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1

2 days ago

Gauge of US economy's future health up in April

Source: Yahoo News: Business  |   May 17 2013, 9:47am CDT

WASHINGTON (AP) — A measure of the U.S. economy 's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market. The Conference Board said Friday that its index of leading indicators increas ...

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