june 2016 - s3.amazonaws.coms3.amazonaws.com/kcmcontent/2016/06.16/kcm-06-16.pdf · so 2016 is in...
TRANSCRIPT
JUNE 2016
Total Home Sales January through April
(in thousands)
Chart1
Sheet1
NAR
PENDINGHome Sales
Chart1
Sheet1
- Lawrence YunChief Economist of NAR
ldquoIn spite of deficient supply levels stock market volatility and the paltry economic growth seen so far this year the housing market did show resilience and had its best first quarter of existing-sales since 2007rdquo
ldquoHome sales typically rise in the spring and summer months and we anticipate an acceleration in home sales that will surpass 2007s pace by late summerrdquo
- Freddie Mac
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 12
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- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
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- Slide Number 40
- Slide Number 41
- Slide Number 42
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- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
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- Slide Number 49
- Slide Number 50
- Slide Number 51
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- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
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- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
| Series 1 | |||
| January | 1054 | ||
| February | 1090 | ||
| March | 1107 | ||
| April | 1163 |
| January | |
| February | |
| March | |
| April |
| Series 1 | |||
| 2006 | 2275 | ||
| 2007 | 1862 | ||
| 2008 | 1367 | ||
| 2009 | 1225 | ||
| 2010 | 1429 | ||
| 2011 | 1323 | ||
| 2012 | 1428 | ||
| 2013 | 1588 | ||
| 2014 | 1486 | ||
| 2015 | 1608 | ||
| 2016 | 1704 | ||
| To resize chart data range drag lower right corner of range |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 | |
| 2016 |
Total Home Sales January through April
(in thousands)
Chart1
Sheet1
NAR
PENDINGHome Sales
Chart1
Sheet1
- Lawrence YunChief Economist of NAR
ldquoIn spite of deficient supply levels stock market volatility and the paltry economic growth seen so far this year the housing market did show resilience and had its best first quarter of existing-sales since 2007rdquo
ldquoHome sales typically rise in the spring and summer months and we anticipate an acceleration in home sales that will surpass 2007s pace by late summerrdquo
- Freddie Mac
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
| Series 1 | |||
| January | 1054 | ||
| February | 1090 | ||
| March | 1107 | ||
| April | 1163 |
| January | |
| February | |
| March | |
| April |
| Series 1 | |||
| 2006 | 2275 | ||
| 2007 | 1862 | ||
| 2008 | 1367 | ||
| 2009 | 1225 | ||
| 2010 | 1429 | ||
| 2011 | 1323 | ||
| 2012 | 1428 | ||
| 2013 | 1588 | ||
| 2014 | 1486 | ||
| 2015 | 1608 | ||
| 2016 | 1704 | ||
| To resize chart data range drag lower right corner of range |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 | |
| 2016 |
Chart1
Sheet1
NAR
PENDINGHome Sales
Chart1
Sheet1
- Lawrence YunChief Economist of NAR
ldquoIn spite of deficient supply levels stock market volatility and the paltry economic growth seen so far this year the housing market did show resilience and had its best first quarter of existing-sales since 2007rdquo
ldquoHome sales typically rise in the spring and summer months and we anticipate an acceleration in home sales that will surpass 2007s pace by late summerrdquo
- Freddie Mac
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
| Series 1 | |||
| January | 1054 | ||
| February | 1090 | ||
| March | 1107 | ||
| April | 1163 |
| January | |
| February | |
| March | |
| April |
| Series 1 | |||
| 2006 | 2275 | ||
| 2007 | 1862 | ||
| 2008 | 1367 | ||
| 2009 | 1225 | ||
| 2010 | 1429 | ||
| 2011 | 1323 | ||
| 2012 | 1428 | ||
| 2013 | 1588 | ||
| 2014 | 1486 | ||
| 2015 | 1608 | ||
| 2016 | 1704 | ||
| To resize chart data range drag lower right corner of range |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 | |
| 2016 |
Sheet1
NAR
PENDINGHome Sales
Chart1
Sheet1
- Lawrence YunChief Economist of NAR
ldquoIn spite of deficient supply levels stock market volatility and the paltry economic growth seen so far this year the housing market did show resilience and had its best first quarter of existing-sales since 2007rdquo
ldquoHome sales typically rise in the spring and summer months and we anticipate an acceleration in home sales that will surpass 2007s pace by late summerrdquo
- Freddie Mac
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
| Series 1 | |||
| January | 1054 | ||
| February | 1090 | ||
| March | 1107 | ||
| April | 1163 |
| January | |
| February | |
| March | |
| April |
| Series 1 | |||
| 2006 | 2275 | ||
| 2007 | 1862 | ||
| 2008 | 1367 | ||
| 2009 | 1225 | ||
| 2010 | 1429 | ||
| 2011 | 1323 | ||
| 2012 | 1428 | ||
| 2013 | 1588 | ||
| 2014 | 1486 | ||
| 2015 | 1608 | ||
| 2016 | 1704 | ||
| To resize chart data range drag lower right corner of range |
NAR
PENDINGHome Sales
Chart1
Sheet1
- Lawrence YunChief Economist of NAR
ldquoIn spite of deficient supply levels stock market volatility and the paltry economic growth seen so far this year the housing market did show resilience and had its best first quarter of existing-sales since 2007rdquo
ldquoHome sales typically rise in the spring and summer months and we anticipate an acceleration in home sales that will surpass 2007s pace by late summerrdquo
- Freddie Mac
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
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- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
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- Slide Number 60
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- Slide Number 67
- Slide Number 68
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- Slide Number 71
- Slide Number 72
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- Slide Number 76
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- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
| Series 1 | |||
| January | 1054 | ||
| February | 1090 | ||
| March | 1107 | ||
| April | 1163 |
| January | |
| February | |
| March | |
| April |
Chart1
Sheet1
- Lawrence YunChief Economist of NAR
ldquoIn spite of deficient supply levels stock market volatility and the paltry economic growth seen so far this year the housing market did show resilience and had its best first quarter of existing-sales since 2007rdquo
ldquoHome sales typically rise in the spring and summer months and we anticipate an acceleration in home sales that will surpass 2007s pace by late summerrdquo
- Freddie Mac
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
| Series 1 | |||
| January | 1054 | ||
| February | 1090 | ||
| March | 1107 | ||
| April | 1163 |
| January | |
| February | |
| March | |
| April |
Sheet1
- Lawrence YunChief Economist of NAR
ldquoIn spite of deficient supply levels stock market volatility and the paltry economic growth seen so far this year the housing market did show resilience and had its best first quarter of existing-sales since 2007rdquo
ldquoHome sales typically rise in the spring and summer months and we anticipate an acceleration in home sales that will surpass 2007s pace by late summerrdquo
- Freddie Mac
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
| Series 1 | |||
| January | 1054 | ||
| February | 1090 | ||
| March | 1107 | ||
| April | 1163 |
- Lawrence YunChief Economist of NAR
ldquoIn spite of deficient supply levels stock market volatility and the paltry economic growth seen so far this year the housing market did show resilience and had its best first quarter of existing-sales since 2007rdquo
ldquoHome sales typically rise in the spring and summer months and we anticipate an acceleration in home sales that will surpass 2007s pace by late summerrdquo
- Freddie Mac
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
ldquoHome sales typically rise in the spring and summer months and we anticipate an acceleration in home sales that will surpass 2007s pace by late summerrdquo
- Freddie Mac
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
- Jonathan Smokerealtorcom
ldquoWe had a triple crown of April home sales reports so 2016 is in the pole position to earn best year of home sales in a decaderdquo
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
ldquoA recent gauge of homebuilder sentiment held firmly in positive territory according to the National Association of Home Builders
Perhaps more important expectations for sales in the next six months jumped to the highest level of the yearrdquo
- Steven RussolilloWall Street Journal
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
- Andrea RiquierMarketWatch housing reporter
Im calling the end of the housing
hellipon to expansion
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
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- Slide Number 63
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- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
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- Slide Number 82
- Slide Number 83
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- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
FHFA
Year-Over-Year Percent Change in Price by Region
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
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- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
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- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
FHFA
Year-Over-Year Percent Change in Price by State
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 34
- Slide Number 35
- Slide Number 36
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- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
FHFA
Quarter-Over-Quarter Percent Change in Price by State
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
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- Slide Number 7
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- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
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- Slide Number 14
- Slide Number 15
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- Slide Number 19
- Slide Number 20
- Slide Number 21
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- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
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- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
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- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
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- Slide Number 86
- Slide Number 87
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- Slide Number 89
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- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
Home Price Expectation Survey 2016 2Q
In your opinion what is the primary driver of recent home
value growth in the US
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 40
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- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
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- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
Chart1
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
| Low Inventory | |
| Low Mortgage Rates | |
| Wage amp Job Growth | |
| High Demand |
Sheet1
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
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- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
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- Slide Number 55
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- Slide Number 57
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- Slide Number 59
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- Slide Number 61
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- Slide Number 66
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- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
| Series 1 | |||
| Low Inventory | 50 | ||
| Low Mortgage Rates | 20 | ||
| Wage amp Job Growth | 17 | ||
| High Demand | 4 | ||
| To resize chart data range drag lower right corner of range |
Forbes
6 6 6 6 6 6 67
89 9 9
109
0
2
4
6
8
10
12
2001 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Median Years of Homeowner Tenure before Moving
Pent-Up Seller Demand
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
Chart1
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
| 2001 | |
| 2003 | |
| 2004 | |
| 2005 | |
| 2006 | |
| 2007 | |
| 2008 | |
| 2009 | |
| 2010 | |
| 2011 | |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 |
Sheet1
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
| Series 1 | |||
| 2001 | 6 | ||
| 2003 | 6 | ||
| 2004 | 6 | ||
| 2005 | 6 | ||
| 2006 | 6 | ||
| 2007 | 6 | ||
| 2008 | 6 | ||
| 2009 | 7 | ||
| 2010 | 8 | ||
| 2011 | 9 | ||
| 2012 | 9 | ||
| 2013 | 9 | ||
| 2014 | 10 | ||
| 2015 | 9 | ||
| To resize chart data range drag lower right corner of range |
Home Price
A nationwide panel of over one hundred
economists real estate experts and investment
amp market strategists
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 19
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- Slide Number 24
- Slide Number 25
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- Slide Number 29
- Slide Number 30
- Slide Number 31
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- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
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- Slide Number 63
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- Slide Number 65
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- Slide Number 67
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- Slide Number 71
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- Slide Number 76
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- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
Average Annual APPRECIATION
Pre-Bubble
Bubble
Bust
RecoveryTo Date
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
Chart1
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
| 1987 - 1999 | |
| Jan 2000 - May 2007 | |
| Jun 2007 - Dec 2011 | |
| Jan 2012 - Dec 2015 |
Sheet1
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
| Series 1 | |||
| 1987 - 1999 | 36 | ||
| Jan 2000 - May 2007 | 69 | ||
| Jun 2007 - Dec 2011 | -52 | ||
| Jan 2012 - Dec 2015 | 44 |
PROJECTEDMean Percentage Appreciation
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
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- Slide Number 18
- Slide Number 19
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- Slide Number 21
- Slide Number 22
- Slide Number 23
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- Slide Number 65
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- Slide Number 67
- Slide Number 68
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- Slide Number 71
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- Slide Number 86
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- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
Chart1
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 11
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- Slide Number 15
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- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
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- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 |
Sheet1
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
| Series 1 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |||||||||||||
| 2016 | 40 | 39 | 34 | 31 | 31 | 31 | 31 | ||||||||||||
| 2017 | 34 | 37 | 33 | 32 | 32 | 31 | |||||||||||||
| 2018 | 30 | 40 | 34 | 30 | 30 | 28 | |||||||||||||
| 2019 | 30 | ||||||||||||||||||
| 2020 | 28 |
Cumulative House Appreciation
by 2020
Bulls All Projections Bears
Home Price Expectation Survey 2016 2Q
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
Chart1
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
| Bulls | |
| All Projections | |
| Bears |
Sheet1
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Bulls | 247 | ||
| All Projections | 175 | ||
| Bears | 99 | ||
| To resize chart data range drag lower right corner of range |
$43198
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over the next five years based solely on increased home equity
Home Price Expectation Survey 2016 2Q
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
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- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
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- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
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- Slide Number 67
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- Slide Number 71
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- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
Have the market information in visual form and at your fingertipshellip
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
Chart1
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
Sheet1
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
- Anand NallathambiPresident and CEO of CoreLogic
ldquoDelinquencies and Foreclosure rates are now at pre-crash levels as the benefits of higher home prices improving economic fundamentals and years of cautious underwriting are being felt across the countryrdquo
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
Foreclosure inventory represents the number and share of mortgaged homes that have been placed into the process of foreclosure by their mortgage servicer
Foreclosure Inventory Shrinking Change Year-Over-Year
CoreLogic
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
FHFA
FHFA 60-Plus-Days Delinquency Rates
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
Chart1
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
| 2008 1st Quarter | |
| 2010 1st Quarter | |
| February 2016 |
Sheet1
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
| Series 1 | |||
| 2008 1st Quarter | 15 | ||
| 2010 1st Quarter | 58 | ||
| February 2016 | 18 | ||
| To resize chart data range drag lower right corner of range |
- Zillow
ldquoBuyers looking for the most expensive homes will find somewhat softening prices a relatively larger selection of homes to choose from and more limited competition rdquo
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
of Price
Zillow
Adjustments
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
Chart1
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
| Bottom-tier Homes | |
| Middle-tier Homes | |
| Upper-tier Homes |
Sheet1
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
| Series 1 | |||
| Bottom-tier Homes | 11 | ||
| Middle-tier Homes | 13 | ||
| Upper-tier Homes | 16 | ||
| To resize chart data range drag lower right corner of range |
Average Days on the Market
NAR
By State
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
EXISTINGHome Sales
Since January 2014
NAR 52016
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
EXISTINGHome Sales
Since January 2012
NAR 52016
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Y-O-Y by region
EXISTINGHome Sales
NAR 52016
West
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Total Home Salesin thousands
Freddie Mac
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Existing Home Sales in thousands
Freddie Mac
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
New Home Sales in thousands
Freddie Mac
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
New Home Sales Annualizedin thousands
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
of sales by price range
New Home Sales
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
New Homes Selling Fast(median months from completion to sold)
Census
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
100 = Historically Healthy Level
PENDING Home Salessince 2012
NAR 52016
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
100 = Historically Healthy Level
NAR 52016
PENDINGHome Salessince 2014
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
NAR 52016
PENDINGHome SalesYear-Over-Year By Region
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
NAR 52016
Month-Over-Month By Region
PENDING
Midwest
Home Sales
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Percentage of Distressed Property
Sales
35
710
January 2012 - Today
NAR 52016
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Home Prices
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Y-O-Y by region
EXISTINGHome Prices
NAR 52016
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Change in Sales from last yearby Price Range
NAR 52016
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
SampP Case Shiller 52016
Year-Over-Year
PRICECHANGES
Case Shiller
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Year-Over-Year PRICE CHANGES20 City Composite
Case Shiller
SampP Case Shiller 52016
57
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Forecasted Year-Over-Year Change in Price by State
CoreLogic
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Quicken Loans
Appraiser Home Value Opinions Compared to Homeowner Estimates
Last 12 Months
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
HOUSINGINVENTORY
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Seller TrafficBy State
NAR
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Months Inventory of HOMES FOR SALE
2011 - Today
NAR 52016
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
HOUSING SUPPLYYear-Over-Year
Last 12 Months
May June
NAR 52016
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
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- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Months Inventory of HOMES FOR SALE
NAR 52016
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Months Inventory of HOMES FOR SALElast 2 years
NAR 52016
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Year-over-Year Inventory Levels
NAR 52016
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Census
New Home Inventory months supply
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
New Home Inventory months supply
Census
Last 12 Months
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
BUYERDEMAND
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Buyer TrafficBy State
NAR
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
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- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
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- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Foot Traffic
NAR 42016
indicator of future sales
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Foot Traffic
NAR 42016
indicator of future sales
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
INTERESTRATES
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Freddie Mac 62016
30 Year FixedRate Mortgages
from Freddie Mac
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Chart1
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
| 17 | |
| 114 | |
| 121 | |
| 128 | |
| 24 | |
| 211 | |
| 218 | |
| 225 | |
| 33 | |
| 310 | |
| 317 | |
| 324 | |
| 331 | |
| 47 | |
| 414 | |
| 421 | |
| 428 | |
| 55 | |
| 512 | |
| 519 | |
| 526 | |
| 62 |
Sheet1
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
| Series 1 | |||
| 17 | 397 | ||
| 114 | 392 | ||
| 121 | 381 | ||
| 128 | 379 | ||
| 24 | 372 | ||
| 211 | 365 | ||
| 218 | 365 | ||
| 225 | 362 | ||
| 33 | 364 | ||
| 310 | 368 | ||
| 317 | 373 | ||
| 324 | 371 | ||
| 331 | 371 | ||
| 47 | 359 | ||
| 414 | 358 | ||
| 421 | 359 | ||
| 428 | 366 | ||
| 55 | 361 | ||
| 512 | 357 | ||
| 519 | 358 | ||
| 526 | 364 | ||
| 62 | 366 |
Quarter Fannie Mae
Freddie Mac MBA NAR Average
of All Four
2016 2Q 36 37 38 39 38
2016 3Q 37 39 39 40 39
2016 4Q 37 41 41 41 40
2017 1Q 37 42 42 43 41
Mortgage Rate Projections
62016
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
Freddie Mac
Mortgage RatesFreddie Mac 30 Year Fixed Rate
- Actual- Projected2015
2016
2017
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
Mortgage Credit Availability
YES NO MAYBE
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association
Mortgage Credit Availability
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
Chart1
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
| Apr 2013 | |
| 1089 | |
| 1098 | |
| 1123 | |
| 1115 | |
| 1107 | |
| 1115 | |
| 1102 | |
| 1109 | |
| Jan 2014 | |
| 1135 | |
| 114 | |
| 1138 | |
| 1151 | |
| 1158 | |
| 1164 | |
| 1161 | |
| 1161 | |
| 1134 | |
| 1146 | |
| 1157 | |
| Jan 2015 | |
| 1186 | |
| 1214 | |
| 122 | |
| 1226 | |
| 122 | |
| 1255 | |
| 1261 | |
| 1265 | |
| 1284 | |
| 1274 | |
| 1243 | |
| Jan 2016 | |
| 1238 | |
| 1235 | |
| 1224 | |
| 1214 |
Sheet1
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
| Series 1 | |||
| Apr 2013 | 1086 | ||
| 1089 | |||
| 1098 | |||
| 1123 | |||
| 1115 | |||
| 1107 | |||
| 1115 | |||
| 1102 | |||
| 1109 | |||
| Jan 2014 | 113 | ||
| 1135 | |||
| 114 | |||
| 1138 | |||
| 1151 | |||
| 1158 | |||
| 1164 | |||
| 1161 | |||
| 1161 | |||
| 1134 | |||
| 1146 | |||
| 1157 | |||
| Jan 2015 | 1178 | ||
| 1186 | |||
| 1214 | |||
| 122 | |||
| 1226 | |||
| 122 | |||
| 1255 | |||
| 1261 | |||
| 1265 | |||
| 1284 | |||
| 1274 | |||
| 1243 | |||
| Jan 2016 | 1238 | ||
| 1238 | |||
| 1235 | |||
| 1224 | |||
| 1214 |
Historic Data for the MORTGAGE CREDIT AVAILABILITY INDEX (a report from the Mortgage Bankers Association)
MBA
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
Chart1
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
| June 2004 | |
| June 2005 | |
| June 2006 | |
| June 2007 | |
| June 2008 | |
| June 2009 | |
| June 2010 | |
| June 2011 | |
| June 2012 | |
| June 2013 | |
| June 2014 | |
| June 2015 | |
| May 2016 |
Sheet1
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
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- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
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- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
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- Slide Number 75
- Slide Number 76
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- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
| Series 1 | Series 2 | Series 3 | ||||
| June 2004 | 390 | |||||
| June 2005 | 800 | |||||
| June 2006 | 860 | |||||
| June 2007 | 550 | |||||
| June 2008 | 110 | |||||
| June 2009 | 120 | |||||
| June 2010 | 105 | |||||
| June 2011 | 110 | |||||
| June 2012 | 105 | |||||
| June 2013 | 110 | |||||
| June 2014 | 115 | |||||
| June 2015 | 1226 | |||||
| May 2016 | 1214 |
Average DaysTo Close A Loan
50 days is the longest time needed toclose a loan since February 2013
All Closed Loans as per Ellie Mae
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
FICO Score Requirements
Last 12 months
All Closed Loans as per Ellie Mae
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
- Slide Number 11
- Slide Number 12
- Slide Number 13
- Slide Number 14
- Slide Number 15
- Slide Number 16
- Slide Number 17
- Slide Number 18
- Slide Number 19
- Slide Number 20
- Slide Number 21
- Slide Number 22
- Slide Number 23
- Slide Number 24
- Slide Number 25
- Slide Number 26
- Slide Number 27
- Slide Number 28
- Slide Number 29
- Slide Number 30
- Slide Number 31
- Slide Number 32
- Slide Number 33
- Slide Number 34
- Slide Number 35
- Slide Number 36
- Slide Number 37
- Slide Number 38
- Slide Number 39
- Slide Number 40
- Slide Number 41
- Slide Number 42
- Slide Number 43
- Slide Number 44
- Slide Number 45
- Slide Number 46
- Slide Number 47
- Slide Number 48
- Slide Number 49
- Slide Number 50
- Slide Number 51
- Slide Number 52
- Slide Number 53
- Slide Number 54
- Slide Number 55
- Slide Number 56
- Slide Number 57
- Slide Number 58
- Slide Number 59
- Slide Number 60
- Slide Number 61
- Slide Number 62
- Slide Number 63
- Slide Number 64
- Slide Number 65
- Slide Number 66
- Slide Number 67
- Slide Number 68
- Slide Number 69
- Slide Number 70
- Slide Number 71
- Slide Number 72
- Slide Number 73
- Slide Number 74
- Slide Number 75
- Slide Number 76
- Slide Number 77
- Slide Number 78
- Slide Number 79
- Slide Number 80
- Slide Number 81
- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
FICO Score Distribution
Ellie Mae554
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
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- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
Average FICO Scorefor Closed Purchase Loans
by Loan Type
All Closed Loans as per Ellie Mae
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 82
- Slide Number 83
- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
Average Back End DTIfor Closed Purchase Loans by Loan Type
All Closed Loans as per Ellie Mae
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
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- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
4 Total Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
5 Pending Home Sales httpwwwrealtororg
6 Lawrence Yun Quote httpwwwhousingwirecomarticles36988-existing-home-sales-posted-best-first-quarter-in-nearly-a-decade
7 Freddie Mac Quote httpwwwfreddiemaccomfinancereport20160518_low_mortgage_rates_keep_housing_on_trackhtml
8 Jonathan Smoke Quote httpsmobiletwittercomSmokeonHousingstatus735841352546582528p=v
9 Steven Russolillo Quote httpwwwwsjcomarticleswhy-the-housing-market-is-getting-stronger-1463932483cb=logged08502641833142608
11 Market Watch Quote httpsmobiletwittercomARiquierstatus735202032022343680p=v
121314 FHFA Maps httpwwwfhfagovDataToolsToolsPagesHouse-Price-Index-(HPI)aspx
15 CoreLogic Forecasted Prices httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
16 Primary Driver in Economy httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
17 Median Years in Home httpwwwforbescomsiteslawrenceyun20151211rising-homeowner-equity-helping-to-buy-the-next-home
18-22 Home Price Expectation Survey httpswwwpulsenomicscomQ2_2016_HPE_Surveyphp
26 75 76 Mortgage Credit Availability httpswwwmbaorg2016-press-releasesjunemortgage-credit-availability-decreases-in-may
27 28 Anand Nallathambi QuoteForeclosure Inventory httpwwwcorelogiccomabout-usresearchtrendsnational-foreclosure-reportaspxVzoqZq32acw
29 FHFA 60+Day Delinquency httpwwwfhfagovAboutUsReportsReportDocumentsFPR_February2016pdf
30 Zillow Quote httpwwwzillowcomresearchinventory-by-tier-march-12226
31 of Price Adjustments httpzillowmediaroomcom2016-05-24-Low-Inventory-Pushing-Up-Home-Values-More-Quickly-than-Expected
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
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- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
Resources
KEEPINGCURRENTMATTERSCOM
Slide Slide Title Link
34 57 66 Average Days on Market Seller amp Buyer Traffic httpwwwrealtororgreportsrealtors-confidence-index
35-37 48 50 51 Existing Home Sales Report httpwwwrealtororg
38-40 Freddie Mac Home Sales httpwwwfreddiemaccomblogresearch_and_analysis20160526_making_up_groundhtml
41-43 6364 New Home Sales Inventory httpwwwcensusgovconstructionnrspdfnewressalespdf
44-47 Pending Home Sales Report httpwwwrealtororg
52-53 Case Shiller Price Index httpswwwspice-indicescomidpfilesspice-assetsresourcespublicdocuments353544_cshomeprice-release-0531pdf
54 Forecasted Price Changes httpwwwcorelogiccomabout-usresearchtrendscorelogic-home-price-insightsaspx
55 Appraisal vs Homeowner Opinion httpwwwquickenloanscompress-room20160510owner-perception-home-values-improve-appraisals-lower-nationally
58-62 Housing Inventory httpwwwrealtororg
67-69 Foot Traffic httpwwwrealtororg
71 73 Freddie Mac 2016 Rates httpwwwfreddiemaccompmms
72 Mortgage Rate Projections
httpwwwfanniemaecomresourcesfileresearchemmapdfHousing_Forecast_051716pdfhttpwwwfreddiemaccomfinancepdf201605-Outlook-0520182016pdfhttpswwwmbaorgDocumentsResearchMtg20Fin20Forecast20May202016pdfhttpwwwrealtororgsitesdefaultfilesreports2016embargoesforecast-05-2016-us-economic-outlook-05-17-2016pdf
77-81 Ellie Mae Report httpwwwelliemaecomorigination-insight-reportsEllie_Mae_OIR_APRIL2016pdf
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
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- Slide Number 84
- Slide Number 85
- Slide Number 86
- Slide Number 87
- Slide Number 88
- Slide Number 89
- Slide Number 90
- Slide Number 91
-
ldquoWe had to stop thinking about what we wanted to produce in the end and start thinking about what our customer needed right nowrdquo
- Bethany PooleMarketing Manager at Google
The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
- Slide Number 2
- Slide Number 3
- Slide Number 4
- Slide Number 5
- Slide Number 6
- Slide Number 7
- Slide Number 8
- Slide Number 9
- Slide Number 10
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The Summer Buyersrsquo amp Sellersrsquo Guides
The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
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The Summer Buyersrsquo Guide
The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
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The Summer Sellersrsquo Guide
Get Busy
JUNE 2016
- Slide Number 1
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Get Busy
JUNE 2016
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JUNE 2016
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