• Existing Home Sales, Unemployment Claims, Philly Fed Mfg0

    by Calculated Risk on 1/19/2022 07:10:00 PM Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 230 thousand initial claims. • Also at 8:30 AM, the Philly Fed manufacturing survey for January. The consensus is for a reading of 23.0, up from 15.4. • At 10:00

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  • “Architecture firms end 2021 on a strong note” in December0

    by Calculated Risk on 1/19/2022 12:27:00 PM Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architecture firms end 2021 on a strong note As architecture firms ended 2021 on a high note with strong business conditions, staff recruitment is becoming a growing concern among firms.

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  • Most Housing Units Under Construction Since 19730

    by Calculated Risk on 1/19/2022 10:42:00 AM Today, in the CalculatedRisk Real Estate Newsletter: December Housing Starts: Most Housing Units Under Construction Since 1973 Excerpt: The 1.595 million total starts in 2021 were up 15.6% from 1.380 million in 2020. Starts in 2021 were the most since 2006 when 1.801 million units were started. The

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  • Housing Starts Increased to 1.702 million Annual Rate in December0

    by Calculated Risk on 1/19/2022 08:38:00 AM From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately‐owned housing starts in December were at a seasonally adjusted annual rate of 1,702,000. This is 1.4 percent above the revised November estimate of 1,678,000 and is 2.5 percent (±13.8 percent)* above the December 2020 rate of 1,661,000. Single‐family

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  • Mortgage Applications Increase in Latest Weekly Survey0

    by Calculated Risk on 1/19/2022 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 14, 2022. … The Refinance Index decreased 3 percent from

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  • Calculated Risk: Wednesday: Housing Starts0

    by Calculated Risk on 1/18/2022 08:52:00 PM From Matthew Graham at Mortgage News Daily: Remember Mortgage Rates in the 2’s? They’re Closer to 4% Now One of the very few welcome byproducts of the pandemic was the pervasive availability of new all-time low mortgage rates. Depending on when you checked in, you were highly likely

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