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RSS Economist’s Outlook from the NAR

  • Lenders Optimistic on Changes March 4, 2015
    In recent months, two changes were made to government financing that were intended to improve credit availability.  Mortgage lenders who took part in the 4th quarter Survey of Mortgage Originators agreed that both programs, the new 3% down payment loan at Fannie Mae and Freddie Mac as well as the reduction of fees at the […]
    Ken Fears, Director, Regional Economics and Housing Finance
  • Demand for Homes Continues to Outstrip Supply March 4, 2015
    REALTORS® continue to report that supply remains low compared to demand, according to the January 2015 REALTORS® Confidence Index Survey. The Buyer Traffic Index registered at 56, while the Seller Traffic Index was at 41.  An index greater than 50 means the number of respondents who have a “strong” outlook outnumber those with “weak” outlook. Respondents […]
    Scholastica (Gay) Cororaton, Research Economist
  • Strong Dollar but No Relief on Housing Costs March 3, 2015
    The Almighty Dollar is showing the world who is the boss.  The dollar has strengthened against nearly all other foreign currencies in the past year.  The strong dollar is a reflection of better economic conditions and greater confidence in the U.S. versus the rest of the world.  The dollar now carries a bigger purchasing power.  […]
    Lawrence Yun, PhD., Chief Economist and Senior Vice President