Economist's Commentary: July 2008

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Quick Take: July 31, 2008

July 31, 2008: The weekly data on unemployment claims pointed to a slow job market, while the GDP grew in the second quarter. Find out more.
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Quick Take: July 30, 2008

July 30, 2008: The purchase portion of the mortgage applications index fell 7.8 percent. What does this mean for REALTORS® and consumers? Plus the daily forecast update.
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Perspectives on Gasoline Prices

July 30, 2008: Paying more for gas has impacted many Realtors®. Jed Smith explains what's behind the increase and what it means for the housing market.
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Quick Take: July 29, 2008

July 29, 2008: Today's Quick Take discusses consumer confidence index and the daily forecast update.  Read more >

Timing the Market?

July 29, 2008: Danielle Hale discusses home price appreciation and whether timing the market is worthwhile. Read more >

Quick Take: July 28, 2008

July 28, 2008: Today's Quick Take discusses the Chicago Fed Midwest Manufacturing Index and the daily forecast update.  Read more >

The Housing Stimulus Bill

July 28, 2008: Lawrence Yun discusses the housing stimulus bill and the provisions included to help first-time homebuyers.  Read more >

Quick Take: July 25, 2008

July 25, 2008: Today's Quick Take looks at new home sales, durable goods orders, and consumer sentiment. Read more >

The Beige Book

July 25, 2008:  Jed Smith discusses the Federal Reserve's Beige Book and why it is important.  Read more >

Quick Take: July 24, 2008

July 24, 2008: Today's Quick Take looks at unemployment insurance and the daily forecast update.  Read more >

June Existing Home Sales

July 24, 2008: Lawrence Yun discusses the latest Existing Home Sales numbers for June.  Read more >

Quick Take: July 23, 2008

July 22, 2008: Today's Quick Take looks at mortgage applications and the daily forecast update.  Read more >

Home Sales by Season

July 23, 2008: Lawrence Yun discusses how data are seasonally adjusted and what that means for Realtors®.  Read more >

Quick Take: July 22, 2008

July 22, 2008: Today's Quick Take looks at the OFHEO Home Price Index and the daily forecast update.  Read more >

Quick Take: July 21, 2008

July 21, 2008: Today's Quick Take focuses on the Chicago Fed National Activity Index, the Leading Economic Index, and the daily forecast update.  Read more >

The Price of Life

July 21, 2008: Lawrence Yun discusses the housing market and life expectancy rankings for Hawaii.  Read more >

Quick Take, July 18, 2008

July 18, 2008: Today's Quick Take looks at Freddie Mac's Weekly Mortgage Rate Survey and the daily forecast update.  Read more >

Quick Take, July 17, 2008

July 17, 2008: Today's Quick Take looks at unemployment insurance claims, housing starts and the daily forecast update.  Read more >

Quick Take, July 16, 2008

July 16, 2008: Today's Quick Take looks at weekly mortgage applications, industrial production, consumer price inflation and the daily forecast update.  Read more >

Bottom's Up?

July 15, 2008: Lawrence Yun discusses the possibility that housing market woes could be nearing an end.  Read more >

Quick Take, July 15, 2008

July 15, 2008: Today's Quick Take looks at retail sales, the Producer Price Index, and the daily forecast update.  Read more >

Employment Trends: an Economy Running in Two Directions

July 14, 2008: Ken Fears discusses the latest employment figures trends.  Read more >

Quick Take, July 14, 2008

Today's Quick Take looks at support for Fannie and Freddie, and the daily forecast update.  Read more >

Quick Take: July 11, 2008

July 11, 2008:  Today's Quick Take focuses on international trade, the Consumer Sentiment Index, and the daily forecast update.  Read more >

Anecdotal Stories

July 10, 2008: Lawrence Yun shares more local stories from Realtors® all across the country.  Read more >

Quick Take: July 10, 2008

July 10, 2008: Today's Quick Take looks at unemployment insurance claims and the daily forecast update.  Read more >

Fannie and Freddie Troubles

July 10, 2008: Lawrence Yun discusses the latest Fannie Mae and Freddie Mac woes in a concise Q&A format. Read more >

Quick Take: July 9, 2008

July 9, 2008: Today's Quick Take discusses the weekly mortgage applications, the 10-year Treasury yield, and the daily forecast update.  Read more >

Quick Take: July 8, 2008

July 8, 2008: Today's Quick Take looks at the pending home sales index release, wholesale inventory, and the daily forecast update.  Read more >

May Pending Home Sales and Forecast

July 8, 2008: Chief Economist Lawrence Yun discusses the latest Pending Home Sales Index and Forecast release.  Read more >

Quick Take: July 7, 2008

July 7, 2008: Today's Quick Take discusses oil prices and the daily forecast update.  Read more >

Quick Take: July 3, 2008

July 3, 2008:  Today's Quick Take looks at the employment report, unemployment insurance claims, the ISM Index and the daily forecast update.  Read more >

Soft Data from REALTOR® Members

July 3, 2008: Chief Economist Lawrence Yun discusses some findings from our recent market assessment survey.  Read more >

Home Prices Rising?

July 2, 2008: Managing Director of Quantitative Research Jed Smith takes a look at recent home prices.  Read more >

Quick Take: July 2, 2008

July 2, 2008: Today's Quick Take discusses the ADP Employment Report, mortgage applications, and the daily forecast update.  Read more >

Quick Take: July 1, 2008

July 1, 2008: Today's Quick Take touches on construction spending, the ISM index, the 10-year Treasury note, and the daily forecast update.  Read more >

College Graduates on the Move

July 1, 2008: Chief Economist Lawrence Yun discusses the benefits of drawing these young talented people to your area.  Read more >



Fast Facts

Nearly one-quarter of first-time buyers are single females who purchased their first home on a median income of $47,400.
Source: 2008 NAR Profile of Home Buyers and Sellers.