Housing

[dilligaf]

the housing market here still SUCKS!! absolutely horrible. bottom feeders abound.they seem to be the ONLY buyers..

this is a first hand assessment from someone who has property on the market and as such has spoken to many realtors..

[Godwit]

The Homebuilders sector of the US stock market reached a new 3 year high this week --

http://slopeofhope.com/2015/02/homeb...cal-level.html

[jimmyb]

Oh I love a good laugh in the morn...

[Godwit]

Homebuilder sentiment declines more than expected

Homebuilder sentiment declined to 55, more than expected, in February, according to the latest data from the National Association of Homebuilders.

Expectations were for the reading to come in at 58, up slightly from last month's 57 reading.

http://www.businessinsider.com/homeb...uary-17-2015-2



Bill McBride ‏@calculatedrisk 6m6 minutes ago
NAHB: Builder Confidence decreased to 55 in February
http://goo.gl/fb/EcInU4

[zzz281996]

And, the stock market rallies on more bad news that is spun to be good!. Hoorah!

[Godwit]

And, the stock market rallies on more bad news that is spun to be good!. Hoorah!

The Dow Jones 30, S&P 500 and Nasdaq 100 are all down. Some stocks are up, but not the US stock market as a whole.

[Godwit]

BI: Markets ‏@themoneygame 6m6 minutes ago
HOUSING STARTS FELL 2.0% TO 1.065 MILLION (1.07 million estimated)
http://read.bi/1vFq7Ke


Bill McBride ‏@calculatedrisk 6m6 minutes ago
Housing Starts decreased to 1.065 Million Annual Rate in January
http://goo.gl/fb/1PLiYh

[Godwit]

Bill McBride ‏@calculatedrisk 36m36 minutes ago
Fannie and Freddie: REO inventory declined in Q4, Down 25% Year-over-year
http://goo.gl/fb/E5krV3

[Godwit]

Existing home sales plunge in January

Existing home sales in January fell by 4.9%, way more than expected, to an annualized rate of 4.82 million.

Expectations were for home sales to decline 1.8% month-on-month to an annualized rate of 4.95 million.

http://www.businessinsider.com/janua...e-sales-2015-2

[Godwit]

Bill McBride ‏@calculatedrisk 10m10 minutes ago
Existing Home Sales in January: 4.82 million SAAR, Inventory down slightly Year-over-year
http://goo.gl/fb/LtsQ4N


SoberLook.com ‏@SoberLook 5m5 minutes ago
Chart: Existing home sales (US) -