Items tagged with housing:
News & Updates:
Trump says he supports 25 cent gas tax increase to pay for infrastructure; House votes to add ADA lawsuit requirements; Home builder confidence steady.
House passes another stopgap funding bill; Senate committee advances President Trumps EPA Deputy Nominee; Higher interest rates stall mortgage applications.
This time, what’s driving the market is a shift in favor of owning rather than renting coming from the largest homebuying generation since the baby boomers: millennials.
“This is market, market and market … There’s no government incentive program in sight that is having this effect,” said Faculty Affiliate Susan Wachter, a professor of real estate and finance at the Wharton School. “This is back to basics.”
Amazon has narrowed down its hunt for a second home to 20 locations. And the chosen city is likely to get an economic jolt – particularly to its housing market.
Faculty Affiliate Fernando Ferreira warns that in locations where housing is already in limited supply, home values could rise even more with a surge of new residents to staff the new headquarters.
If Boston becomes the new home of Amazon, it would be “chaos,” he said. “The housing market would be three times worse than it already is.”
Senate confirms Jerome Powell as the new Chair of the Federal Reserve; Schumer withdraws offer to fund Mexican border wall; Existing home sales decrease 3.6% in December compared to 1.5% decline estimated.
March 2nd, 2018
1:00pm - 2:30pm:
Advancing Evidence-Based Social Policies through Intergovernmental Data Sharing Partnerships
There is increasingly broad recognition that policymaking can be done more effectively when decisions regarding support for public programs are made strategically, based on the rigorous analysis of evidence. In several key areas of social policy, including housing and education, such evidence-based policymaking at the federal level needs to rely on data collected and evaluated at the state and local levels. This seminar will help staffers better understand how the state and local evidence base is gathered and how that base can inform their own work.
Fannie Mae: Economic & Strategic Research
Fannie Mae’s housing market research includes information and analyses on the state of the housing and mortgage industries, consumer and demographic insights, economic and mortgage market analysis and trends, and forecasts. Fannie Mae initiatives include:
• Economic & Housing Outlook
• National Housing Survey
• Own-Rent Analysis
• Housing Insights Series
Freddie Mac: Economic & Housing Research
Freddie Mac’s Economic and Housing Research includes:
- Primary Mortgage Market Survey: Freddie Mac surveys lenders each week on the rates, fees and points for the most popular mortgage products. Results are released Thursday at 10am EDT.
- U.S. Economic and Housing Outlook: Each month, Freddie Mac compiles data on major economic, housing and mortgage market indicators and offers forecasts.
- Refinancing Activity Reports: Freddie Mac compiles statistics and produces two quarterly reports, the “Cash-out Refinance Report” and the “Refinance Product Transition Report” based on loans refinanced in its retained portfolio.
- Freddie Mac House Price Index (FMHPI): Freddie Mac publishes its monthly house price index values each quarter for the nation as a whole, for each of the 50 states and the District of Columbia, and 367 metropolitan statistical areas (MSAs).
- Monthly Refi and ARM Shares: Once a month, as part of the Weekly Primary Mortgage Market Survey®, Freddie Mac collects the Refinance and ARM share of applications, as reported by lenders who participate in the survey.
- The Federal Cost of Funds Index (COFI) is used as a benchmark for some types of mortgage loans and securities. It is calculated as the sum of the monthly average interest rates for marketable Treasury bills and for marketable Treasury notes, divided by two, and rounded to three decimal places.
National Association of Home Builders
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
S&P/Case-Shiller Home Price Indices
The S&P/Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.
U.S. Census Bureau: Housing
All available Census data on housing topics, including:
- Comparability of Housing Data from the Census, ACS, AHS, and the CPS/HVS
- Financial Characteristics
- Housing Vacancies
- Multifamily Housing
- Physical Characteristics
- Rental Housing
- Residential Financing
- Historical Housing Data
Quick link: http://www.census.gov/housing/