Homebuilder sentiment cools in January from 18-year high

Homebuilder Sentiment Remains Near Highest Level Since 1999.. Homebuilder Sentiment Hits 18-Year High, beating forecasts. confidence Among Homebuilders Unchanged in January.

WASHINGTON (MarketWatch) – A measure of home builder sentiment in January remained unchanged for the third straight month, a poll released Tuesday showed, demonstrating the continued glut of supply of.

America’s homebuilders haven’t felt this good since the last millennium. On Monday, the National Association of home builders/wells fargo housing market index (hmi) – more commonly known as homebuilder sentiment – hit an 18-year high of 74, topping expectations for a reading of 70 and well above last month’s reading of 69.

The nation’s homebuilders are taking a step back from their tax cut euphoria and starting the year on a slightly less sanguine note.Builder sentiment fell 2 points to 72 in January, according to a.

The National Association of Home Builders reported this week that the sentiment among the association fell two points to a reading of 72 in January. This is a retreat from the 18-year high reached in December but still much higher than January 2017 when the index stood at 67. Any reading above 50 signals positive sentiment.

U.S. homebuilder sentiment surges to 12-year high in March. Associated Press. Wednesday, March 15, 2017 | 8:55 a.m.. Sales of existing homes surged in January to the fastest pace in a decade.

Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Homebuilder Sentiment in U.S. Cools in January From 18-Year High (Bloomberg.com) Source: Sputnik. Did Bitcoin Just Burst? How It Compares to History’s Big Bubbles (Bloomberg.com) Wall Street Has a $1.7 Billion Bet on the Rising Risk of Grid Attacks (Bloomberg.com)

Foreclosure activity is at the lowest level in over a decade (MoneyWatch) Good news on the housing front: foreclosure activity is at its lowest level since July 2007, according to new data from real-estate research firm RealtyTrac. In April, the number of default notices, scheduled auctions, and bank repossessions fell 5 percent from the previous month. foreclosure filings also fell year-over-year.How we pick the Best Mortgage Companies to Work For Best Mortgage Lenders of 2018. When you buy a home, you’re in it for the long haul. You’ll have a mortgage payment for years, so it makes sense to find the best mortgage lender you can. To do that, shop for offers from at least three lenders. compare mortgage rates and other loan terms such as fees, time to close,Pending home sales fell by more than expected in February Fannie Mae taps eOriginal for new electronic vault private insurers may expand role in federal flood program In the short time since we began in October 2013 we have written over $100,000,000 of private flood insurance premiums. The Flood Insurance Agency’s Private Market Flood program now provides over $4 billion dollars of flood insurance coverage for residential, habitational and commercial properties.Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Deutsche Bank has successfully implemented and.On a yearly basis, pending home sales rose 5.0 percent in February, falling short of the expectation for an 8.7 percent increase.Freddie Mac trims 2019 origination estimate but could rethink the move U.S. Bancorp and Regions Financial Corp., as well as other residential lenders, could use a little pick-me-up. Both expect waning mortgage-refinancing activity to continue to create headwinds in the.

U.S. Homebuilder Sentiment Fell in June on Higher lumber costs higher lumber prices have added nearly $9,000 to the price of a new single-family home since January 2017.

Homebuilder Sentiment Cools in February.. on income growth remained fairly high in January, while expectations for home price gains in the next year fell slightly, according to survey results.

Economists polled by MarketWatch had expected a February reading of 26. Read more on February home builder sentiment. In fact, even the January confidence numbers were good enough for investors to.