Economist Commentaries Archive

Drivers of Tight Mortgage Credit

In recent years, pundits have spoken of tight lending and the need to expand access to credit to the broadest group of credit worthy borrowers. A number of issues have been cited as reasons for tight credit including law...

Wishing for Spring? Dream Up Your Next Outdoor Remodeling Project Now

While you’re waiting for the snow to thaw this winter, now is the time to start planning how to reinvest that homeowners tax refund back into your property. Envision a quaintly tiled walk-way leading up to an outdoor fire...
January 18, 2017

Lenders Rounding Home on TRID

A year after TRID, lenders show signs of growing optimism. The TRID or the Know Before You Owe rules were implemented in October of 2015 and indented to streamline and safeguard consumers in the closing process. Delays and closing...

Raw Count of Home Sales (November)

Existing home sales rose 0.7 percent in November from one month prior while new home sales increased 5.2 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts...

Comparison of Seasonally and Not Seasonally Adjusted Existing-Home Sales

One problem with interpreting data over time is that many data exhibits movements which recur during the same period each year. This is why it is normal to report in the news seasonally adjusted data figures to reveal the...