Posts Tagged ‘Home Prices’

Poor Jobs Report But Strong Housing

The US Labor Dept Jobs report of 38,000 new jobs in May was a set back to the Fed’s expected rate increase and a departure from the job creation pace four times higher than reported. GDP growth for Q1 has been downwardly revised by Freddie Mac to 1.1% from 1.8% a major slowdown. In their…

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House Prices Even Higher

We have seen the disappearance of negative equity in all but a few remaining MSAs by the artificial increase in home prices caused by the scarcity of supply. Ask any Realtor who will tell you their buying clients dash to each new listing within hours of its MLS posting since an early offer can win…

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