Research Center

Economy Watch: SoCal Home Sales Surge in September

Southern California home sales hit a five-year high for September, rising above a year earlier for the first time in 12 months amid gains for mid- to high-end deals, CoreLogic DataQuick reported.

‘Economy Watch’ Podcast with Dees Stribling: No Definite Word About Interest Rates

No definite word about interest rates from the Fed. As usual.

Economy Watch: Stocks in Freefall

Wall Street still has those is-this-a-simple-correction-or-is-it-worse October sliding index blues, with the Dow Jones Industrial Average down 223.03 points, or 1.35 percent for the day.

Economy Watch: Consumers Expected to Spend More This Holiday Season

The International Council of Shopping Centers forecasts that U.S. holiday retail sales will improve 4 percent this year compared with 2013 (the organization counts sales in November and December as holiday sales).

Market Snapshot: Richmond’s Strenthening Economy Drives All Sectors of Real Estate

The first half of 2014 shows positive growth for Richmond’s multi-family and commercial markets, according to recent reports from Real Data and CBRE.

Economy Watch: Residential Price Increase Still Slowing

Trulia reported that asking prices for U.S. residential properties rose 0.8 percent in September, up in 92 of the 100 largest metro markets.

Economy Watch: FOMC Noncommittal on Interest Rates

The Federal Open Market Committee released its notes from its Sept. 16-17 meeting, and as usual, it purposefully offered nothing conclusive about when interest rates will rise.

Economy Watch: Number of Job Openings Jumps

There were 4.8 million U.S. job openings on the last business day of August, up from 4.6 million in July, the Bureau of Labor Statistics reported in its Job Openings and Turnover Summary (JOLTS).

Economy Watch: Mortgage Delinquencies Edge Up, Foreclosures Down

Black Knight Financial Services reported in its latest Mortgage Monitor that 5.9 percent of U.S. mortgages were delinquent in August, up from 5.64 percent in July.