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The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.



Wall Street, business & other videos updated regularly...

Seeking Alpha

Monday, October 05, 2015

What does the Sudden Drop in Mortgage Activity mean for Real Estate?

Mortgage applications declined sharply in the just reported period. Given what’s going on today in financial markets, and some recently poor signs in other housing data, I thought we should examine and discuss whether this is a warning sign for real estate or not. In the end, a simple explanation looks like the culprit behind the decline, and it is not one that worries me about real estate moving forward. See the report on mortgage applications and what the dip means. 

Real Estate Relative Shares
09-30-15 Intraday
iShares US Real Estate (NYSE: IYR)
+0.4%
MGIC Investment (NYSE: MTG)
+0.1%
Bank of America (NYSE: BAC)
+0.4%
SPDR S&P Homebuilders (NYSE: XHB)
+0.8%
PulteGroup (NYSE: PHM)
-0.3%
D.R. Horton (NYSE: DHI)
+0.6%
Ryland (NYSE: RYL)
-1.9%
Toll Brothers (NYSE: TOL)
+0.03%
Lennar (NYSE: LEN)
+1.2%

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

best in new york

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Monday, July 27, 2015

Happy for Housing

The National Association of Home Builders (NAHB) reported its Housing Market Index (HMI) last week. The report showed builder confidence at its highest point since November 2005. Home builders are in a good mood alright, and I have a good feeling about housing too. See more of our real estate report here. Article interests SPDR Homebuilders (NYSE: XHB), iShares US Real Estate (NYSE: IYR), Bank of America (NYSE: BAC), D.R. Horton (NYSE: DHI), K.B. Home (NYSE: KBH), PulteGroup (NYSE: PHM), Toll Brothers (NYSE: TOL), Hovnanian Group (NYSE: HOV).

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

lost dog

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