Tag Archives: Home sales

Reinventing Feudalism In America: Existing Home Sales Go Up While Mortgage Applications Fall?

Existing home sales and mortgage applications The news of rocketing home sales was plastered all over the headlines.  However, mortgage applications are going in the exact opposite direction (of course little was reported on this): The median home price in … Continue reading

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March Consumer Confidence Plunges As New Home Sales, Richmond Fed Miss

Houston we may have a problem: with the DJIA trumpetedely hitting new all time highs day after day in March, one would expect that its traditional second derivative – US Consumer Confidence, would be at all time highs as well, … Continue reading

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