Last week, voters said yes to more affordable housing and people in D.C. started buzzing about bailouts again. This week, poverty and housing are on the agenda, civil rights groups try to up the ante on fixing Fannie and Freddie and GOP candidates take their chances with reporters at Fox. Also: Ants build cool stuff
Employers added a whopping 271,000 jobs last month, giving the Fed a good reason to raise rates next month. Don't worry, mortgages are still really cheap and likely to stay that way for a while.
The Redfin Housing Demand Index posted its smallest annual increase so far this year, inching up only 0.3 percent to 93 in September from 92 a year earlier. Fewer people are touring and those who are have less to choose from, but they’re still making offers.
San Francisco home values rose nearly 15 percent in September from a year ago, posting a median sale price of $1.1 million. Fewer properties went on the market, pushing sales down more than 25 percent.
Homebuilders have a sunny outlook as we head into winter. Why? Today we learned that construction of single-family homes is picking up, but just barely, and building permits are down.