News

D#&@ed Statistics, More Money for Hardest Hit and a Green Ghost Town

Last week: NASCAR had a squeaker at the finish line, Donald and Hillary broke out of the pack and Britain braced for a vote on club membership. Coming up: America Saves Week and lots of housing data, including Redfin’s Demand Index. Also:[...]
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Luxury Housing Market Rebounded at the End of 2015

Luxury Housing Market Rebounded at the End of 2015

The luxury home market rallied at the end of 2015, ending a nine-month slump. Sale prices for the most expensive 5 percent of homes gained 3.1 percent in the fourth quarter compared to a year earlier, led by big gains in Philadelphia, Austin[...]
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Mortgage Rates: They’re Down Again, but Here’s the Bad News

Mortgage Rates: They’re Down Again, but Here’s the Bad News

The swooning stock market helped push mortgage rates down again this week, with the cost of a 30-year, fixed-rate home loan falling to 3.65 percent from 3.72 percent. Rates on home loans are at their lowest since last April, according to[...]
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The Economy Created 151,000 Jobs. Not Great, But We’ll Take It

The Economy Created 151,000 Jobs. Not Great, But We’ll Take It

Employers added 151,000 new jobs in January, weaker than most economists expected and the slowest pace of job creation since September. Still, today’s report from the Labor Department isn’t terrible given the snail-like pace of[...]
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The "B" Word Surfaces, Congress Actually Passes Something, Gondolas and Ugly Houses

Last week we had some football and some job creation and some debating. This week: Janet Yellen speaks, Obama releases his budget, China looks dicey and New Hampshire votes. Finally: What to do with all those extra trees? Who says Congress[...]
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