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ARCHIVED BLOG POSTS

2014 

For 15 years, more and more people rode Metro. Ridership increased an average of 3 percent annually, going from 150 million trips in 1996 to almost 225 million trips in 2009, according to the agency. Growth came not only from the job gains Washington enjoyed during that period but rapid developme...
10/31/2014
  Consumer confidence bounced back in October, thanks to a sharp rebound in Americans' outlook for the economy. The Conference Board's Consumer Confidence Index, which fell to a revised reading of 89 in September, surged back up to 94.5 in the group's latest report. The recovery came mostly from ...
10/30/2014
For many local housing markets across the U.S., 2014 was a year of appreciation. Not the thankful kind. The home-price kind. Property values rose steadily throughout the year, across much of the country. We expect to see more of the same in 2015, but to a lesser degree. In fact, this is one area...
10/30/2014
The number of "zombie" foreclosures in the U.S. declined both quarter-over-quarter and year-over-year in the third quarter of 2014, according toRealtyTrac's Q3 2014 Zombie Foreclosure Reportreleased today. Zombie properties, which are residential properties in the process of foreclosure that have...
10/29/2014
The U.S. housing market took another step away from stable in August, losing ground even as more local markets showed positive momentum. Freddie Mac's Multi-Indicator Market Index (MiMi) slipped 0.19 percent from July to a reading of 73.3 in August, the company reported. With the drop, the index'...
10/28/2014
While at a national level the housing market continues to recover, a look at local markets reveals a recovery that is most prominent in high-income areas, while lower-income neighborhoods continue to struggle. ProTeck Valuation Services delves into this phenomenon in its latest Home Value Forecas...
10/27/2014
Where the U.S. housing market is concerned, Fannie Mae chief economist Doug Duncan said he is anticipating overall weaker home sales in 2014 than in 2013. But he expects that overall home sales in 2015 will post their best performance since 2007 despite seeing only moderate growth for the year. T...
10/24/2014
Consumer spending indicators rose for a second straight month in September as the labor market showed signs of improvement. Deloitte released Thursday the results of its latest monthly Consumer Spending Index, which climbed in September to 4.21 from an August reading of 4.11. The index tracks con...
10/22/2014
10/21/2014
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