Economist Commentaries Archive

Explaining the Housing Market to Potential Clients, Part 1 (of 3)

NAR Home Sales Data Can Put the Market in Perspective Note: This is the first part of a three-part series.  Part two will be posted on February 7th, 2012. Introduction Concerns about existing home sales, prices, and trends splashed...

REALTORS®’ Commercial Markets Stabilize in Fourth Quarter 2011

Commercial real estate in REALTOR® markets moved toward broader stabilization during the fourth quarter of 2011. Based on the results of the January Commercial Real Estate Market Survey, overall market activity registered slight improvements compared with the third quarter....

Mortgage Rate Forecast

Mortgage rates across the board are at historic lows.  Everything, from 1-year adjustable rates to 30-year fixed rates, is lower now than it ever has been in most people’s experience. However, there are gaps to consider.  The 15-year mortgage...

Home Sales and Confidence

Naturally, more jobs should mean more home sales.  However, that relationship does not always hold up if mortgage availability or consumer confidence move in a less favorable direction.  In the past few years, jobs have been added and rates...

Water Bills Rising but Phone Bills Falling

The monthly consumer price index (CPI) produced by the Bureau of Labor Statistics can provide important trends related to housing costs aside from mortgage and rent. For example, you are not the only person to be fuming over the...