Research Center

Economy Watch: New Home Sales Take Dip in July

Sales of new single-family houses in July 2013 were at an annualized rate of 394,000 units, according to the Census Bureau.

MHN Podcast: Leading Real Estate Law Firms

Jack Kern and Mike Ratliff dissect how real estate law practices are evolving during the current real estate cycle.

Economy Watch: Mortgage Rates Hit New Highs

Mortgage rates are continuing their upward creep, but the housing market still seems to soldier on in its recovery.

Economy Watch: Existing Home Sales Continue to Rise

The National Association of Realtors reported that U.S. existing home sales increased 6.5 percent to an annualized rate of 5.39 million units in July from 5.06 million units in June.

Economy Watch: Zillow Reports Higher Home Values

Zillow reported on Tuesday that its Home Value Index was up 6 percent year-over-year in July, to a value of $161,600.

Economy Watch: Most States See Annual Unemployment Drop

Twenty-eight states and the District of Columbia experienced unemployment rate increases in July compared with June, according to the Bureau of Labor Statistics.

‘Economy Watch’ Podcast with Dees Stribling: Homebuilders are Happy

Homebuilders are happy, and there’s no inflation to speak of.

Economy Watch: Housing Starts Up in July

Housing starts continued their upward trajectory in July, with private starts coming in at an annualized rate of 896,000 units, a 5.9 percent increase compared with June, the Census Bureau reported.

Economy Watch: Household Debt Continues to Drop

The Federal Reserve Bank of New York, in its latest Household Debt and Credit Report, reported on Wednesday that outstanding U.S. household debt declined by $78 billion from the previous quarter, due in large part to a decline in housing-related debt. In 2Q13 total household indebtedness fell to $11.15 trillion, a drop of 0.7 percent compared with the previous quarter, and 12 percent below the peak of $12.68 trillion in 3Q08. One way or another, Americans are still deleveraging.

‘Economy Watch’ Podcast with Dees Stribling: Long-Term Real Estate Investment is Down

Wages and salaries are up, but long-term investment in real estate is down.