Current Housing Indicators |
| CURRENT | PREVIOUS | ||
| Existing Home Sales | 5.03m | ▲ | 4.89m |
| New Home Sales | 590,000 | ▼ | 601,000 |
| Housing Starts | 1.065m | ▼ | 1.071m |
| Building Permits | 978,000 | ▼ | 1.061m |
| HMI | 20 | UNCH | 20 |
| Existing Home Prices | $195,900 | ▼ (annually) | $213,500 |
| New Home Prices | $244,100 | ▼ (annually) | $250,800 |
- Homeowner "Walkaways": Are They Fact Or Fiction?
- Home Foreclosures: Crisis Is Only Getting Deeper

- Home Prices: Glass Still Seems Half Empty

- Green Building: Are the Big Builders On Board?
- As Greenwich Goes..? Maybe Rich Aren't Immune In Housing Crisis
- Congress And Housing Rescue--Nothing Yet That Really Helps
- Big Builder Stocks: Why They're Not Much Of A Buy
- Countrywide: Could It Just Go Under And Go Away?
- Construction Job Losses: I Think We're Missing Something Here

- Builders Facing Facts: No Congressional Bail-Out
- Yahoo's Response to Icahn
- Your First Move For Friday May 16th

- Web Extra: Material World

- Fast Message - We Answer Your Questions

- Pops & Drops: EMC Corp., China Digital TV...

- Lightning Round OT: Wells Fargo, ConEd and More
- Mad Mail: Thanks for Yamana!
- Future Trade: Web 5.0

- Rinse, Repeat, Recession

- Sell Block: The Newest Mortgage Offenders
- Japan's Economy Grows 0.8% on Consumption, Exports
- Sun Hung Kai Chairman Sues as Internal Rift Deepens
- BHP Billiton Shares Rise on Fresh China Stake Talk
- Asian Markets Are Mixed, Japan Gives Back Gains
- Oil Prices End Down at $124.12
- Lockheed Wins Potential $3.6 Billion Satellite Deal
- GE Sale of Appliance Unit May Not Help Stock Much
- Powering Your Portfolio With Tech, Energy Stocks

- Erin Burnett in Search of Global Market Movers
- US Economy Is Still Weak But Not As Bad As Feared

The folks at HUD felt that my blog of yesterday ("FHA Secure: Wait, How Do 600 Applications Become 35,000?") left out some key points, namely, their side of the story, so I am happy to post a reply directly from them:
FHA Secure is off to a strong start, and we’re on pace to help a quarter of a million families next year who need help before their teaser rates reset or have already reset and can’t make the new higher payments. Without question, more and more homeowners are attracted to the affordable, sustainable alternative that FHA Secure offers.
The relatively low number of delinquent borrowers coming to us is a positive sign that we’ve been effective in reaching out to families who need help before their teaser rates reset. Foreclosure benefits no one, and I don’t think the hundreds of thousands of homeowners applying to participate and the 48,000 families who have already closed on their FHA Secure-backed loans would question the benefits of this new and successful product.
Questions? Comments?



