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Calculated Risk


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The housing market’s historically tight inventory conditions finally started to ease in May, but that did little to immediately tame the record-strong home price appreciation that the market has experienced in recent months. The number available homes across the nation finally ticked up this spring, albeit from a historically low reference point, after spending most of the last year in a steady decline. Still, price pressures remain very firm and appear ready to stay that way in the months to come. Indeed, sharply-rising prices do appear to have priced out some home shoppers, particularly those looking to enter the market for the first time, and causing fatigue among would-be buyers. But overall demand for homes remains very firm, as bidding wars persist and the still-relatively few homes available for sales continue to fly off the shelves at a historically fast pace. Increased inventory levels should eventually help tame the record-high pace of price appreciation, but it ....

United States , San Diego , New Mexico , New York , New Hampshire , Rhode Island , New Jersey , South Dakota , Craigj Lazzara , Jerome Powell , Jed Kolko , Sp Dow Jones , Joel Kan , Chishen Wei , John Krainer , June Sp Corelogic , Weekly Mortgage Applications , Census Bureau , Us National Index , Richmond Fed Survey Of Manufacturing Activity For , National Index , National House Price Index , Shiller National , National Composite Index , Shiller National Index , Mortgage Bankers Association ,

Calculated Risk


2my goals to stop daily posts,
37 day average for Cases, Hospitalized, and Deaths
4Cases and Deaths updated Mon - Fri
Increasing week-over-week
KUDOS to the residents of the 16 states and D.C. that have already achieved the 70% goal: Vermont, Hawaii and Massachusetts are at 80%+, and Connecticut, Maine, New Jersey,  Rhode Island, Pennsylvania, New Mexico, Maryland, California, Washington, New Hampshire, New York, Illinois, Virginia and D.C. are all over 70%.
Next up are Delaware at 69.8%, Minnesota at 69.7%, Colorado at 69.6%, Oregon at 69.4%, Wisconsin at 65.2%, Nebraska at 65.1%, and Florida at 64.3%.
Click on graph for larger image.
This graph shows the daily (columns) and 7 day average (line) of positive tests reported. ....

New York , United States , New Hampshire , Rhode Island , San Diego , New Mexico , New Jersey , Freddie Mac , Craigj Lazzara , Mike Simonsen , Toddw Schneider , Mike Fratantoni , Chishen Wei , John Krainer , Ginnie Mae , Box Office Mojo , Us Energy Information Administration , Call Volume , National Index , Energy Information Administration , National Composite Index , Shiller National Index , Mortgage Bankers Association , Fannie Mae , Shiller Us National Home Price , Box Office ,