Real estate housing and economic news round up for November 4 2016…
Sounds Great Until You Compare the Manufacturing and Service Numbers: ADP Reports Private Sector Employment Increased by 147,000
What’s the Catch: Freddie Mac Will Make Crisis Era Foreclosure Preventions Permanent?
The Shift Towards Rentals Continues: Multifamily Construction Spending Hits New Record High
But Is the Shift Towards Rentals Slowing: Are We at the Peak for Multifamily Building Permits?
The Shift Towards Mobile Continues: Mobile and Tablet Usage Exceeds Desktop for 1st Time Worldwide
It’s Coming: FOMC Says No Change
The Long Road to Recovery: Distressed Sales Drop to Nine-Year Low in Q3 2016
Your Mileage May Vary: Homeowners Twice As House Rich As Five Years Ago
Actually Nobody Knows: How Housing Would Fare Under Clinton, Trump
Life Ain’t Fair and Neither is the “Recovery”: It’s Not a “Housing Crisis” for Everyone
Good With the Bad: CMBS Delinquency Rate Declined BUT Defaults on Bubble Era Loans Increasing
Positive From Investors Point of View: The Outlook is Positive for Affordable Housing
Speaking of Affordability: NAR’s September 2016 Housing Affordability Index
Does Not Give Me a Warm Fuzzy: Crunching the Numbers on a $76B Tax Credit for Renters
Fight the Good Fight: 11 Counties Sue MERS
A Glimmer of Hope: Could States Tax MERS Out of Existence?
October Employment Report: 161,000 Jobs, 4.9% Unemployment Rate
Today’s Ugly But Honest Truth: The Reason Why 82% Of American Workers Don’t Feel Any Wage Growth
Charts Galore: The October Jobs Report in 15 Charts
Well that’s enough required reading for today…