Housing Market

The housing market is comprised of buyers and sellers of homes. Information on the housing market encompasses the supply and demand for homes as well as the inventory level of unsold homes. In markets around the country and different nations, you will have a natural progression of demand and supply. In some markets, there are new citizens moving to the city creating demand and, unless there is enough supply to match this demand, prices will rise. Income levels and mortgage rates also play a role in determining how many transactions occur in any given housing market.

The U.S. housing market has been on a steady rise since interest rates fell to record lows coming out of the Great Recession in 2008. With interest rates and mortgage rates continuing to be relatively low, and with the jobs market producing over 200,000 new jobs monthly, the ingredients are there for continued strength in the housing market.

Two of the most watched metrics in the housing market, Housing Starts and Building Permits, continue to be fairly strong, with over one billion annualized units for each segment.

While there is some stalling, the housing market will hold steady until mortgage rates begin to move higher; this could occur in 2015, when interest rates are estimated to rise.

U.S. Existing Home Sales Highest Since 2007

By Friday, August 21, 2015
U.S. Existing Home SalesThe U.S. existing home sales surged to an eight-year high. On Thursday August 20th, the National Association of Realtors published its report on exiting home sales for the month of July. (Source: The National Association of Realtors, August 20, 2015.) In July, total existing home sales increased two percent to a seasonally-adjusted.

Housing Market: Report Shows Homeownership Out of Reach for Millennials

By Friday, August 21, 2015
Housing-MarketSoaring rents and stagnant wages have pushed the dream of homeownership out of reach for most Millennials, another signal of the country’s economic collapse since the 2008 financial crisis. According to a new report by Zillow, young Americans are now waiting longer than ever to buy their first house. On Monday, the real estate data.

U.S. Housing Market: 7.44 Million Reasons to Be Skeptical

By Monday, August 10, 2015
U.S. Housing MarketWe are seeing momentum in the real estate market dissipate—this is something readers of Profit Confidential shouldn’t be surprised about, as I have been predicting problems ahead for the housing market. In fact, I won’t be surprised if 2015 is the first year home prices decline since our last drop in housing prices in 2011. Please.

Housing Market: Affordability and Interest Rates Working Against Higher Prices

By Monday, July 20, 2015
Housing MarketThe National Association of Realtors’ Housing Affordability Index has dropped 12% in the first five months of 2015. (Source: National Association of Realtors, last accessed July 16, 2015.) In January, the qualifying income to get a mortgage for an existing median-priced home in the U.S. was $36,576. In May, buying a median-priced.

Lennar Corp. (LEN) Beats Expectations with $183 Million Net Profit

By Wednesday, June 24, 2015
LEN Shares Soar as Housing Market RecoversOne of the nation’s largest home builders crushed market expectations on Wednesday June 24th, signalling that a housing recovery may be here at long last. Lennar Corp. (NYSE/LEN) posted strong second-quarter earnings of $0.79 per share, up from $0.61 during the same period last year. Revenue growth skyrocketed 46% to $2.4 billion.


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From: Michael Lombardi, MBA
Subject: 200% Profit on the Ultimate "Fear Gauge" Play

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