1.A few more sellers? SoCal housing inventory crept up in May
“The supply of homes for sale in Southern California crept up in May, another sign that the region’s housing market is stabilizing. But it remains at less than full health.”
2.Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage applications decreased 9.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 13, 2014. “
3.U.S. economy: Not looking so good
“When it comes to the U.S. economy, the glass just went from half full to half empty.”
4.Fed Says Economy Rebounding as It Trims Bond Purchases
“The Federal Reserve said growth is bouncing back and the job market is improving as it continued to reduce the monthly pace of asset purchases. “
5.U.S. economic growth sustainable, rates to rise in third quarter 2015
“The U.S. economy is on a self-sustaining growth path that should allow the Federal Reserve to start raising interest rates in the second half of 2015, according to a Reuters survey of economists.”
6.Buying a home in Denver: ‘Truly a seller’s market’
“It’s a difficult time for buyers right now. It’s truly a seller’s market in Denver. We have declining inventory and increasing sales,” Hotz said.
7.California’s blackbird in sharp decline
“The population of California’s iconic tricolored blackbird has suffered a dramatic decline in the past six years, according to a new survey coordinated by the University of California, Davis.”
8.Home sales and price increases ease in May
“The pace of California home sales eased slightly in May as a shortage of homes and housing affordability concerns held back would-be home buyers, according to a report Tuesday from the California Association of Realtors.”
9.Student Debt Blows Chill Wind At Housing Recovery
“It’s the time of year where society’s noteworthy and notables appear on college campuses to congratulate and inspire the newest members of the college-educated workforce. While personal anecdotes extolling the virtues of a life well lived are always appreciated, perhaps what is really needed this year is frank advice on overcoming indebtedness.”