Tuesday, July 07, 2015

Phoenix Real Estate in June: Sales Up 20.5%, Inventory DOWN 16% Year-over-year

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This is a key distressed market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.  These key markets hop...

Reis: Mall Vacancy Rate unchanged in Q2

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Reis reported that the vacancy rate for regional malls was unchanged at 7.9% in Q2 2015. This is down from a cycle peak of 9.4% in Q3 2011....

CoreLogic: House Prices up 6.3% Year-over-year in May

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Notes: This CoreLogic House Price Index report is for May . The recent Case-Shiller index release was for April. The CoreLogic HPI is a th...

BLS: Jobs Openings increased to 5.4 million in May, Highest on Record

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From the BLS: Job Openings and Labor Turnover Summary The number of job openings was little changed at 5.4 million on the last business d...

Trade Deficit increased in May to $41.9 Billion

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The Department of Commerce reported : The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce,...
Monday, July 06, 2015

Tuesday: Trade Deficit, Job Openings

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A sharp decline in oil prices, from the WSJ: Oil Prices Tumble Nearly 8% Oil prices on Monday skidded to their biggest single-day decline...

Q2 Review: Ten Economic Questions for 2015

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At the end of each year, I post  Ten Economic Questions for the coming year. I followed up with a brief post on each question. The goal w...

Black Knight May Mortgage Monitor

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Black Knight Financial Services (BKFS) released their Mortgage Monitor report for May today. According to BKFS, 4.96% of mortgages were de...

ISM Non-Manufacturing Index increased to 56.0% in June

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The June ISM Non-manufacturing index was at 56.0%, up from 55.7% in May. The employment index decreased in June to 52.7%, down from 55.3% in...
Sunday, July 05, 2015

Sunday Night Futures: Greece says No!

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From Bloomberg: Tsipras Triumphs as Greece Votes Against Austerity Sixty-one percent of voters backed Prime Minister Alexis Tsipras’s reje...