#LiveAtUrban on 4/13: Join experts as they explore & discuss how localized place-based trends can inform the development of policies aimed at boosting Black & Hispanic homeownership. Register to attend. urbn.is/3uewmwl

Michael Neal

@mneal_econ

Apr 13

Listening to mayor

@rasjbaraka

discuss his steps to boost homeownership opportunities for people of color in Newark #liveaturban

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Urban Institute

@urbaninstitute

· Apr 7

#LiveAtUrban, 4/14: Experts discuss the "promise and peril of using alternative data in mortgage underwriting." Register to join: urbn.is/3r9Itc6

Michael Neal

@mneal_econ

Mar 23

The Interagency Task Force on Property Appraisal and Valuation Equity just released its Action Plan. Check it out!

pave.hud.gov

PAVE

Interagency Task Force on Property Appraisal and Valuation Equity

Michael Neal Retweeted

The Hill

@thehill

Jun 30, 2021

"To reduce the racial homeownership gap, increase the housing supply' (

Excellent article by

on the severe housing shortage, what's behind it and ways to solve it.

nerdwallet.com

The Property Line: Housing Shortage Hangs On; Price Crash Unlikely - NerdWallet

The housing shortage is fueled by a lack of labor, space, material costs and regulations — but it's not a recipe for a market crash yet.

Excellent article by

on black homeownership

wsj.com

Many Black Homeowners Are Falling Further Behind on Their Mortgages

The share of Black homeowners in forbearance in mid-April was about 11%, more than double the overall rate.

Topics to follow

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Michael Neal Retweeted

Laurie Goodman

@MortgageLaurie

Nov 12, 2019

Home equity is at an all-time high but homeowners are not heavily tapping it w/HELOCs or cash-out refis. We are remembering the lessons from the past, creating a stable & secure housing market & a nice cushion in the event of an economic downturn. urbn.is/34Wfr2c

Michael Neal Retweeted

Urban Institute

@urbaninstitute

Oct 17, 2019

Negative interest rates are a thing?

@mneal_econ

, E. Golding, &

@mortgagelaurie

explain. urbn.is/2MRG80q

Michael Neal

@mneal_econ

Aug 21, 2019

Some homebuyers around the world are taking out mortgages with negative rates. bloomberg.com/news/articles/

Michael Neal Retweeted

From

: Mortgage debt has peaked. Why has the share of homeowners with a mortgage fallen to a 13-year low? urbn.is/2TNoqyc

Michael Neal Retweeted

We at the

hosted a private convening discussing the unique hardships & financial challenges facing America’s aging population. Check out my colleague

@FollowKaranK

take on this issue #housing #weareurban

urban.org

American Seniors Prefer to “Age in Place”—But What’s the Right Place?

As more Americans near retirement, they’re grappling with where they should live as they grow older.

Michael Neal

@mneal_econ

Jun 7, 2019

House price growth slowing as the excess investment return above the shelter-cost inflation hedge associated with homeownership shrinks.

urban.org

Newest Housing Data Indicate We Likely Aren’t in a Housing Bubble

The current demand for houses is largely driven by families seeking to purchase homes.

Michael Neal Retweeted

. tells the tale of 3 metropolitan areas #LOCUSsummit2018

Michael Neal Retweeted

Michael Neal says the 3Ls: labor, lots, and lumber are driving up the cost of home construction #LOCUSsummit2018 #realestate

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· Feb 8, 2018

Must. Watch. Jason Kelce's @Eagles Championship speech

: @nflnetwork twitter.com/NFL/status/961

Michael Neal Retweeted

BEA News

@BEA_News

Nov 3, 2017

The United States’ trade deficit increased to $43.5 billion in September. go.usa.gov/x8NNF

Michael Neal

@mneal_econ

Oct 18, 2017

3 takeaways from today's housing starts release: Hurricanes, US single-family growth, and US multifamily softening.

eyeonhousing.org

Residential Construction Lower on Hurricanes: Trends Remain in Place | Eye On Housing

Information released jointly by the Department of Housing and Urban Development and the Census Bureau indicates that total housing starts fell by 4.7 percent reflecting a 4.6 percent decline in...

Michael Neal

@mneal_econ

Sep 20, 2017

The FOMC leaves its key rate unchanged, but indicates balance sheet normalization process will begin in October.

eyeonhousing.org

Implications Of FOMC Normalization Process For Mortgage Rates | Eye On Housing

In its statement, the Federal Open Markets Committee (FOMC) left its key interest rate unchanged at a range of 1.0 to 1.25 percent. As signaled in its last statement, the FOMC, beginning in October,...

Michael Neal Retweeted

Robert Dietz

@dietz_econ

Sep 18, 2017

Home builder confidence weakens to a level of 64 in Sept:

eyeonhousing.org

Builder Confidence Drops As Hurricanes Add Uncertainty | Eye On Housing

Builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September from a downwardly revised August reading of 67 on the National Association of Home...

Michael Neal

@mneal_econ

Sep 15, 2017

The August rise in headline inflation reflected energy prices as opposed to a tight labor market.

eyeonhousing.org

Inflation Accelerated in August | Eye On Housing

The Bureau of Labor Statistics (BLS) reported that its seasonally adjusted Consumer Price Index – Urban Consumer (CPI) rose by 0.4 percent over the month of August, a significant acceleration from...

Michael Neal Retweeted

Todd Sullivan

@ToddSullivan

Sep 6, 2017

And people say stocks are overpriced???

@wesbury

: At 2.07%: The PE of the US 10yr note is 48.3, and there is no chance of rising earnings.

Michael Neal

@mneal_econ

Sep 5, 2017

Mortgage rates have been declining as the yield curve flattens.

eyeonhousing.org

Declining Mortgage Rates As A Signal Of Future Economic Performance | Eye On Housing

Contract rates on mortgages used to purchase newly built homes fell by 9 basis points over the month of July 2017. According to the Federal Housing Finance Agency, contract rates settled at 3.94...

Michael Neal

@mneal_econ

Aug 31, 2017

Second estimate of Q2 GDP confirms stronger growth as GDP virtually returns to "potential output".

eyeonhousing.org

Strong Q2 GDP Growth Confirmed | Eye On Housing

The pace of growth in the nation’s economy over the second quarter of 2017 was stronger than originally believed. According to the Bureau of Economic Analysis within the U.S. Department of Commerce,...

Michael Neal

@mneal_econ

Aug 23, 2017

New home sales decline 9.4% in July, but year-to-date, sales are 9.2% ahead of their Jan-Jul 2016 pace.

eyeonhousing.org

New Home Sales Falter After Encouraging Spring | Eye On Housing

According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, sales of new single-family homes fell 9.4 percent over the month of July to a seasonally adjusted annual...

Michael Neal

@mneal_econ

Aug 4, 2017

Information in the Fed's Senior Loan Officer Survey can be predictive of economic growth.

eyeonhousing.org

Senior Loan Officer Survey As A Barometer of the Economy | Eye On Housing

Lending standards on business loans to large and medium-sized firms eased on net over the second quarter of 2017 according to the Federal Reserve Board's Senior Loan Officer Opinion Survey. Histori...

Michael Neal

@mneal_econ

Aug 1, 2017

In recent months mortgage rates are lower even as short-term rates have risen.

eyeonhousing.org

Mortgage Rates on New Home Purchases Tick Up | Eye On Housing

Information provided by the Federal Housing Financing Agency indicates that mortgage rates on purchases of newly built homes ticked up by 3 basis points over June to 4.03 percent. However, at this...

Michael Neal

@mneal_econ

Jul 28, 2017

Economy grew at a faster pace in Q2 than in Q1. But RFI fell in Q2 and has been more volatile over recent quarters.

eyeonhousing.org

Economy Grew At a Faster Pace in Q2 | Eye On Housing

In the second quarter of 2017, the nation’s economy grew at a faster pace than in the first quarter. According to the Bureau of Economic Analysis, real gross domestic product (GDP) increased at an...

Michael Neal

@mneal_econ

May 1, 2017

New home sales continue to grow in the presence of higher (than the 2016 low) rates. However, there is some statisti…lnkd.in/dT8_wi2

Michael Neal Retweeted

Ilyce Glink

@Glink

Nov 18, 2016

The share of all 1-4 family #mortgage loans past due has returned to “a level of normality,” says

Q3 Fed SLOS finds improved mortgage conditions, but caution is needed when extrapolating to entire mortgage market

eyeonhousing.org

Mortgage Market Dynamics Largely Improve over Quarter | Eye On Housing

The most recent iteration of the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) finds stronger supply of and demand for most mortgage products across commercial bank respondents....

Michael Neal

@mneal_econ

Oct 31, 2016

YTD increase in LTV ratio reflects trends on purchases of existing homes as opposed to new home purchases eyeonhousing.org/2016/10/mortga

Michael Neal

@mneal_econ

Oct 25, 2016

FHA share rose in '15, but what is the possible MIP impact on FHA under falling rates and tight purchase credit?

eyeonhousing.org

FHA Mortgage Share Increased in 2015 | Eye On Housing

Recent data released under the Home Mortgage Disclosure Act (HMDA) on mortgage loans indicates that the FHA-insured share of all 1-4 family mortgage originations in owner-occupied homes increased in...

Michael Neal

@mneal_econ

Sep 21, 2016

Home equity grows but the home-ownership rate has fallen. What role is being played by supply-side issues?

eyeonhousing.org

Home Equity Growth Even as Homeownership Declines | Eye On Housing

According to the Federal Reserve Board’s second quarter of 2016 release of its Financial Accounts of the United States report, household holdings of real estate, measured on a not seasonally adjusted...

Michael Neal

@mneal_econ

Sep 12, 2016

Taking a break from housing to look at auto loans. Because household and lender balance sheets matter

eyeonhousing.org

Consumer Credit Outstanding: What’s Driving Auto Loan Growth? | Eye On Housing

Consumer credit outstanding expanded by a seasonally adjusted annual rate of 5.8% over the month of July 2016, 1.0 percentage point faster than its growth rate in June. According to the report,...

AD&C Survey by

shows easing credit standards.

eyeonhousing.org

Credit Standards on AD&C Construction Lending: A Tale of Two Sectors | Eye On Housing

According to NAHB’s Survey on Acquisition, Development & Construction Financing, residential real estate builders and developers reported that credit conditions for acquisition, development, and...

Michael Neal Retweeted

Robert Dietz

@dietz_econ

Aug 30, 2016

Counter to other real estate business lending, residential AD&C lending is in easing territory (via

@mneal_econ

eyeonhousing.org

Credit Standards on AD&C Construction Lending: A Tale of Two Sectors | Eye On Housing

According to NAHB’s Survey on Acquisition, Development & Construction Financing, residential real estate builders and developers reported that credit conditions for acquisition, development, and...