Category Archives: Economic Data

Lackluster Housing Numbers

Housing data are disappointing.  Permits for new homes in March were down 2.4% from February with weakness concentrated in apartments and a slight  increase in single family homes. Housing starts were up 2.8% in March from February and single family unit starts were up 6% on the month. However, at 946,000 starts at annual rates, […]

National Credit Default Rates Decreased in March 2014 According to the S&P/Experian Consumer Credit Default Indices

S&P Dow Jones Indices released the latest results for the S&P/Experian Consumer Credit Default Indices. Data is through March 2014. S&P/Experian Consumer Credit Default Indices Press Release – March 2014 

After Several Years Of Steady Decline, U.S. Household Leverage Is Showing Signs Of Increasing Again

The great leveraging of America began in the mid-1980s with the wider use of credit cards and the introduction of home equity lines of credit. By 2000, household debt had grown to more than 90% of disposable personal income, and by the end of 2007, it had peaked at 135%. During the financial crisis and […]

Sales Volume Slips in February, Institutional Buyers Pull Back, Distressed Sales Fall

RealtyTrac® , released its February 2014 Residential & Foreclosure Sales Report on March 27th, showing that U.S. residential properties, including single family homes, condominiums and town homes, sold at an estimated annual pace of 5,083,241 in February, a 0.2 percent decrease from the previous month but still up 7 percent from a year ago  February […]

Employment and Housing Boost Prospects For U.S. Mortgage Insurers

FOX BUSINESS Interview with David Blitzer on U.S. Home Prices

David Blitzer, Managing Director and Chairman of the Index Committee, discusses the latest January 2014 results for the S&P/Case-Shiller Home Price Indices on ‘Opening Bell’ with Maria Bartiromo.

National Credit Default Rates Fell in February 2014 According to the S&P/Experian Consumer Credit Default Indices

S&P Dow Jones Indices released the latest results for the S&P/Experian Consumer Credit Default Indices. Data is through February 2014.  S&P/Experian Consumer Credit Default Indices Press Release – March 2014

Foreclosures Down 10% in February from January

RealtyTrac® released its monthly Foreclosure Report showing  foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 112,498 U.S. properties in February, a 10 percent decrease from January and down 27 percent from February 2013 to the lowest monthly total since December 2006 — a more than seven-year low. RealtyTrac also included updated […]

Buy-to-Rent Drops to Lowest Level Since March 2012

RealtyTrac® released its January 2014 Residential & Foreclosure Sales Report on Febraury 27th, showing that institutional investors — defined as entities purchasing at least 10 properties in a calendar year — accounted for 5.2 percent of all U.S. residential property sales in January, down from 7.9 percent in December and down from 8.2 percent in […]

Debating Weakness in Housing

Calculated Risk Blog examines recent signs of weakness in housing and why there may be a pause until late Spring before the sector picks up steam.  Pressure from rising home prices, higher mortgage rates, limited supply all combining to slow the market for a moment. Declining foreclosures and recent round of buy-to-rent led to lower […]

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