Tag Archives: Miller Tabak

Higher-End Homes Finally Selling Again

“While there’s still a risk that the fiscal cliff will derail the housing recovery, the balance between supply and demand suggests that, if anything, the risks around our forecast of a 5 percent increase in house prices next year are … Continue reading

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Rising Mortgage Rates Spook Housing

“Despite the Federal Reserve’s announcement last week that it would purchase an additional $45 billion in Treasury securities per month as part of its continuing quantitative easing effort, rates increased in the second half of the week,” said Mike Fratantoni, … Continue reading

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Yes, Housing Starts Surge, but Rentals Are the Drivers

The headline number for housing starts was big, exceeding expectations and sending the home builder stocks on yet another tear. Starts hit 894,000 (annualized) in October, over 50,000 more than the analysts forecast. Housing starts are now at their highest … Continue reading

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Yes, Housing Starts Surge, But Rentals Are the Drivers

The headline number for housing starts was big, exceeding expectations and sending the home builder stocks on yet another tear. Starts hit 894,000 (annualized) in October, over 50,000 more than the analysts forecast. Housing starts are now at their highest … Continue reading

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Apartment Bubble Inflating Fast

Housing construction numbers for September were “blowout” and “smashed consensus,” according to analysts who follow the sector. Single family starts rose 11 percent from August and are up nearly 43 percent from a year ago. This from the depths of … Continue reading

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Home Sales on Track to Hit 5-Year High

Sales of existing single family homes and condominiums beat expectations for August, rising to the highest level since May of 2010, when the government’s home buyer tax credit juiced sales temporarily. This time it could be argued that the government … Continue reading

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Home Sales Disappoint Twice

Sales of newly built homes fell hard in June, despite newfound optimism in the housing recovery, especially among the home builders themselves. Signed contracts to buy new homes fell 8.4 percent from the previous month, according to the U.S. Commerce … Continue reading

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Homebuilders Get Boost, but Face Rocky Road

Sales of newly built homes in May hit the highest level in two years, and the median price of those homes was 5.6 percent higher than it was a year ago. The number of new homes now expected to sell … Continue reading

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Home Prices Hit Lows, but ‘We See Signs of Hope’

All three “headline composites” of the latest and widely watched SP/Case Shiller home price indices ended the first quarter of 2012 at new post-crisis lows. But one of the authors of the indices, Robert Shiller, told CNBC Tuesday: “We have … Continue reading

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Home Prices Hit Lows, But ‘We See Signs of Hope’

All three “headline composites” of the latest and widely watched SP/Case Shiller home price indices ended the first quarter of 2012 at new post-crisis lows. But one of the authors of the indices, Robert Shiller, told CNBC Tuesday: “We have … Continue reading

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