Continuing Education & Training Opportunities

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Coldwell Banker Bain | Seal is dedicated to providing training and Continuing Education opportunities for their real estate brokers in the Pacific Northwest, including FREE clock hour classes & non-clock hour workshops on important business tools.  If you are a real estate broker with Coldwell Banker Bain -or- Coldwell Banker Seal and are looking for clock hours to renew your license, or just need to brush up on your marketing or tech skills, check out the info below.   Note:  We add courses on a regular basis. Please plan ahead by pre-registering and referencing these calendars.  Also, some classes includes clock-hours and others do not — remember to double check before registering!

http://cbbainsealtraining.eventbrite.com/

Coldwell Banker BAIN – Live Classes & Online Webinars:

Coldwell Banker SEAL – Live Classes and Online Webinars:

Other Events:

  • REALTOR® | Broker Summit & Tech Edge Summit | Seattle Airport Marriott | Aug 17th to 19th
  • Coldwell Banker “National” | GenBlue 2015 | Chicago | Sept 16th – 18th
  • Real Estate Success 2015 Conference | Bellevue | Hyatt Regency | Sept 25th-28th

Non CB Bain | CB Seal Clock Hours:
Below is more information about upcoming real estate clock hours if you need to get clock hours.  NOTE: these cost money and are not connected with Coldwell Banker Bain or Coldwell Banker Seal.

Relevant News Links: Friday, July 17th

RNL

Note: No news links next week 07/24/15

“The only way to make sense out of change is to plunge into it, move with it, and join the dance.” — Alan Watts

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Will Chinese buyers flee or flood US housing?
Turmoil in the Chinese stock market could have a quick and direct effect on U.S. housing. From newly built homes in Irvine, California, to Miami condos to Manhattan luxury towers
http://www.cnbc.com/2015/07/09/will-chinese-buyers-flee-or-flood-us-housing.html

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6 Things Your Home Stager Wishes You Knew
If you’ve never seen the work of professional stagers—those magical designer/decorators charged with making your house more marketable—prepare to be mystified, enthralled, and maybe a bit scared
http://www.realtor.com/advice/sell/6-things-your-home-stager-wishes-you-knew/

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The Ranch House, Reinvented
The ranch house, a single-story home typically with low ceilings and overhanging roof lines, became “prototypical of suburban development in the 1960s and ’70s,” especially in the West, said Stuart Gabriel, director of the Ziman Center for Real Estate at the University of California, Los Angeles. It later fell out of favor, as buyers eschewed its association with mass-produced tract
housing and higher land costs made it uneconomical for developers

http://www.pressherald.com/2015/07/06/portland-council-votes-to-create-housing-safety-office/

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A Family Friendly Home That Conquers Clutter
This Charlotte, N.C. house includes a pantry that hides the refrigerator, a children’s library with built-in homework stations—even a packing station for travel
http://www.wsj.com/articles/a-family-friendly-home-that-conquers-clutter-1437055989?mod=realtor

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Mortgage Limits May Increase
Jumbo mortgages for single-family residences exceed $417,000 in most parts of the country and $625,500 in high-price markets. But with home prices climbing back to prerecession peaks in some markets, baseline jumbo thresholds may be raised for the first time in a decade.
http://www.wsj.com/articles/mortgage-limits-may-increase-1436970136

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Housing Starts in U.S. Surge to Second-Highest Level Since 2007
New-home construction in the U.S. climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects.
http://www.bloomberg.com/news/articles/2015-07-17/housing-starts-in-u-s-climb-on-surge-in-apartment-building

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Dear fancy tiny house people: Do you think “I’ve made a huge mistake?”
Hipstercrite writer slays the tiny house fad
http://www.housingwire.com/articles/34418-dear-fancy-tiny-house-people-do-you-think-ive-made-a-huge-mistake

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Bright Ideas for Decorating a Swinging Outdoor Deck
For an inviting outdoor space, hang a bench-swing from a pergola, lay down a stylish carpet and mix patterns breezily
http://www.wsj.com/articles/bright-ideas-for-decorating-a-swinging-outdoor-deck-1437164507

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The House That Saved Their Marriage
One couple’s secret: a loft divided into two separate living areas, each with its own bedroom, kitchen, dining nook and work space
http://www.wsj.com/articles/the-house-that-saved-their-marriage-1437054227

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July/August 2015 Market Pulse
Check out Lawrence Yun’s snapshot of the current housing market
http://realtormag.realtor.org/news-and-commentary/market-pulse/article/julyaugust-2015-market-pulse

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Sound familiar? Rising prices, dropping inventory in Portland’s housing market
The latest numbers from RMLS show that Portland’s housing scene is tighter and hotter than ever.
http://www.bizjournals.com/portland/industry-news/residential-real-estate

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The Really Big One
An earthquake will destroy a sizable portion of the coastal Northwest. The question is when.
http://www.newyorker.com/magazine/2015/07/20/the-really-big-one?mbid=rss&utm_source=dlvr.it&utm_medium=twitter

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If you read the New Yorker’s Pacific Northwest earthquake story, this city program is probably for you
If you’ve read this week’s frightening piece in The New Yorker about the impending seismic doom that’s bound to visit the Pacific Northwest, you’ve likely started gathering water jugs, stockpiling cans of food and at least thought about bolting your home to its foundation.
http://www.bizjournals.com/portland/blog/real-estate-daily/2015/07/if-you-read-the-new-yorkers-pacific.html?iana=ind_rre

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Selling Seattle: Can you guess how much these homes sold for? Prepare for sticker shock (slideshow)
Our Cover Story this week is all about the extremes to which home buyers, real estate agents and lenders are going in order to close deals in the Seattle area’s exploding housing market
http://www.bizjournals.com/seattle/news/2015/07/17/selling-seattle-can-you-guess-how-much-these-homes.html?iana=ind_rre

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Home is where the highest bidder lives: Superheated market unsettles Realtors, thwarts buyers, makes recruiting a challenge
The Pied Piper is jobs. The Seattle area ranks No. 1 in the nation in technology job growth, according to Forbes. In just two years, tech jobs in the Seattle area have increased 12 percent, surpassing even Silicon Valley’s growth rate.
http://www.bizjournals.com/seattle/print-edition/2015/07/17/home-is-where-the-highest-bidder-lives-superheated.html

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Mortgage Rates Seesaw Higher
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates reversing course and moving to their highest level this year amid ongoing volatility in bond markets.
http://freddiemac.mwnewsroom.com/press-releases/mortgage-rates-seesaw-higher-otcqb-fmcc-1207046

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The MarketPulse
The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics
http://www.corelogic.com/about-us/researchtrends/the-marketpulse.aspx#.VNVmOPmjNpU

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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahb.org/reference_list.aspx?sectionID=819&channelID=311

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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm

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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html

Everything you need to know about Previews?

Previews 3D_CBPI_Logo_NoShadow_1500pix_2011

What is the “baseline” reference?

  •  It is the lowest price point a specific zip code demands.  No matter what the zip code is, the lowest price point for ANY PREVIEWS property is $500,000.  The entire list of zip codes, along with the baseline price, is on the PREVIEWS section of the Marketing Intranet page.  If your zip code is not on the list, please do let us know, so we can add it! (Email to PaulaFortier@cbbainseal.com)

How is the baseline determined?

  • It’s the top 10% of sold prices within the zip code during the previous twelve months (the lowest price of the top 10% determines the baseline).  It must be a residential home, with exceptional style and quality, with features expected in a luxury home.
  • As long as the property qualifies, the property can be promoted as a PREVIEWS listing.  If you, as the listing agent, do not have your certification as a Previews Property Specialist, you can still promote the home (you simply cannot promote yourself as a certified broker).  However, you can use the Previews listing presentation, yard signs and marketing materials available at Express Docs.  The Previews website will promote your listing, using office information in place of agent contact info.

How do you get certified?

  • Step One; completion of the PREVIEWS certification course is.  Our team of educators are offering this course on September 25th in the Portland area, and again on November 19th in our Kirkland Training Center.  Click the hyperlinks to register now!
  •  Step Two;  is a verification process that you have either listed or sold four PREVIEWS qualified homes within the past 24 months (two of which you were responsible for developing the marketing plan for the listings).  Verification must be supported by your branch manager’s written acknowledgement of the production.  Furthermore, Coldwell Banker Previews International headquarters must approve the production form delivered and signed by your manager.  This process can also happen prior to taking the certification course – but the course must be taken within six months of production approval.

Real Estate Continuing Education Clock Hour Classes

CBEDU-Logo

Coldwell Banker Bain | Seal is dedicated to providing training and Continuing Education opportunities for their real estate brokers in the Pacific Northwest, including FREE clock hour classes & non-clock-hour workshops on important business tools.  If you are a real estate broker with Coldwell Banker Bain -or- Coldwell Banker Seal and are looking for clock hours to renew your license, or just need to brush up on your marketing or tech skills, check out the info below.   Note:  We add courses on a regular basis. Please plan ahead by pre-registering and referencing these calendars.  Also, some classes include clock-hours and others do not — remember to double check before registering!

http://cbbainsealtraining.eventbrite.com/

Coldwell Banker BAIN – Live Classes & Online Webinars:

Coldwell Banker SEAL – Live Classes and Online Webinars:

Other Events:

  • REALTOR® | Broker Summit & Tech Edge Summit | Seattle Airport Marriott | Aug 17th to 19th
  • Coldwell Banker “National” | GenBlue 2015 | Chicago | Sept 16th – 18th
  • Real Estate Success 2015 Conference | Bellevue | Hyatt Regency | Sept 25th-28th

Non CB Bain | CB Seal Clock Hours:
Below is more information about upcoming real estate clock hours if you need to get clock hours.  NOTE: these cost money and are not connected with Coldwell Banker Bain or Coldwell Banker Seal.

Relevant News Links: Friday, July 10th

RNL

“Intelligence is the ability to adapt to change.”  –Stephen Hawking

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Home Price Index Report price index.
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/home-price-index-report.aspx?WT.mc_id=crlg_150707_aOJCp&elq=3e06cf3462f1400dadaac670a674d729&elqCampaignId=2039&elqaid=6881&elqat=1&elqTrackId=c74a13aba0c844eda8426c95e8ae5731#

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How Fast Internet Affects Home Prices
In May, Kara Burke and Tom Cairns thought they had found their ideal house: a nicely-updated older three-bedroom home in Worthington, Mass. But they didn’t make an offer because it didn’t have high speed Internet.
http://www.realtor.com/news/how-fast-internet-affects-home-prices/

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Portland council votes to create housing safety office
The new department, formed in response to last year’s deadly fire on Noyes Street, will inspect rental units and enforce housing codes
http://www.pressherald.com/2015/07/06/portland-council-votes-to-create-housing-safety-office/

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Seattle’s Luxury Homes Get a Tech Boom Boost
The city’s high-end real-estate market is on the rise, as executives relocate from pricier locales like Silicon Valley
http://www.wsj.com/articles/seattles-luxury-homes-get-a-tech-boom-boost-1436449162

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America’s Most Overpriced Cities In 2015

  1. Seattle, Wash.
    MSA: Seattle-Bellevue-Everett, WA

http://www3.forbes.com/business/americas-most-overpriced-cities-in-2015/11/

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Ditch the Tent: Spend Summer in One of These Rustic Cabins
If you’re ready to embrace nature all year long, you can celebrate the great outdoors every day with these eight rustic cabin homes in gorgeous, wooded settings.
http://www.trulia.com/blog/pitch-tent-spend-summer-one-cozy-cabins/?ecampaign=con_eyecandy&eurl=www.trulia.com%2Fblog%2Fpitch-tent-spend-summer-one-cozy-cabins%2F

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Zillow CFO Chad Cohen resigns to ‘pursue other business interests’
Chad Cohen is resigning his position as chief financial officer of Seattle-based Zillow Group (Nasdaq: Z)
http://www.bizjournals.com/seattle/blog/techflash/2015/07/zillow-cfo-chad-cohen-resigns-to-pursue-other.html?ana=e_tf&s=newsletter&ed=2015-07-09&u=iT6Ej9T4EYz1/uAD4leF5qEYhm3&t=1436486113

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Consumer Attitudes on Housing May Signal Healthier Purchase Market Ahead
Americans’ outlook toward the current home selling market and the future of home rental prices may bode well for purchase activity this year, according to results from Fannie Mae’s June 2015 National Housing Survey™
http://www.fanniemae.com/portal/about-us/media/corporate-news/2015/6267.html

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Fallout over leaked Seattle housing recommendation
One day after a leaked report on the future of housing in the Seattle, KING 5 has learned more about possible zoning changes which will be up for debate.
http://news.yahoo.com/flood-londoners-boats-escape-rising-housing-costs-040302624.html

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Flood of Londoners take to boats to escape rising housing costs
Rocketing housing costs in Britain’s capital have fuelled a surge in Londoners seeking cheaper accommodation on boats, with increased numbers putting pressure on the city’s historic network of rivers and canal
http://news.yahoo.com/flood-londoners-boats-escape-rising-housing-costs-040302624.html

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San Francisco exhibiting potential signs of a housing bubble
The San Francisco Bay Area is showing some warning signs of a bubble, according to Collateral Analytics’ California Home Price Forecast Models.
http://www.housingwire.com/articles/34405-san-francisco-exhibiting-potential-signs-of-a-housing-bubble

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HUD Rule on Affirmatively Furthering Fair Housing
The U.S. Department of Housing and Urban Development (HUD) has released a final rule to equip communities that receive HUD funding with the data and tools that will help them to meet long-standing fair housing obligations in their use of HUD funds
http://www.huduser.org/portal/affht_pt2.html

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Obama Administration Announces Fair Housing Rule
The Obama administration announced Wednesday a new rule aimed at strengthening fair housing practices and helping end racial segregation in neighborhoods.
http://www.nbcnews.com/news/us-news/obama-administration-announces-fair-housing-rule-n388871

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The Supreme Court’s Challenge to Housing Segregation
For decades, the Fair Housing Act’s potential was squandered. A recent Court decision may finally change that.
http://prospect.org/article/supreme-courts-challenge-housing-segregation

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Prolonged Housing Crisis Diminishes Confidence in the American Dream, 2015 Housing Matters Survey
A significant majority of Americans believes the country is still not past the housing crisis that began seven years ago, according to a new survey of housing attitudes released today by
http://www.macfound.org/press/press-releases/prolonged-housing-crisis-diminishes-confidence-american-dream-2015-housing-matters-survey-finds/

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It’s 2015 — You’d Think We’d Have Figured Out How To Measure Web Traffic By Now
In May, a Vanity Fair article about Bill Simmons’s departure from ESPN said that Grantland had 6 million unique visitors in March but that “ESPN’s internal numbers … had the site reaching 10 million uniques in April.”
http://fivethirtyeight.com/features/why-we-still-cant-agree-on-web-metrics/

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5 Housing Tips to Make Your SXSW Rock
Allow me to introduce the SXSW Housing Department where our first priority is helping you find and book the right hotel to accommodate your SXSW …
http://www.sxsw.com/news/2015/5-housing-tips-make-your-sxsw-rock

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Some U.S. Housing Markets Get Red Hot
Redfin CEO Glenn Kelman weighs in on the U.S. housing market. He speaks on “Bloomberg Markets.”
http://www.msn.com/en-us/money/markets/some-us-housing-markets-get-red-hot/vi-AAcFTC1

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Airbnb isn’t helping, but NIMBYs are worse for affordable housing, New York Times op-ed says
Airbnb-style rentals are exacerbating a housing crisis in big American cities, taking properties off the market that could otherwise go to long-term tenants, but a larger, underlying supply problem is the true culprit of crushing rents
http://www.nola.com/politics/index.ssf/2015/07/airbnb_isnt_helping_but_nimbys_1.html

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‘Flat-pack’ homes could help solve UK’s housing crisis
Prefabricated homes have advanced hugely and could provide houses that are cheaper and greener than those built using conventional methods, say engineering experts
http://www.telegraph.co.uk/finance/property/11716733/Flat-pack-homes-could-help-solve-UKs-housing-crisis.html

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Guide for Energy Efficiency Buyers
If you’re serious about purchasing an energy-efficient house — and surveys indicate that more and more people are — you’ll want to download a copy of the Checklist for Home Energy Efficient Attributes.
http://neep.org/blog/comprehensive-checklist-enables-real-estate-professionals-assess-home-energy-attributes

Download the checklist for real estate professionals:
http://www.neep.org/sites/default/files/resources/Guidance%20for%20Real%20Estate%20Professionals%20on%20Home%20Energy%20Efficient%20Attributes.pdf

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In Nature We Trust: Conservationists Aim to Buy Private Islands
Nonprofit land trusts step up to protect pristine areas from developers
http://www.wsj.com/articles/in-nature-we-trust-conservationists-aim-to-buy-private-islands-1436234649

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Condo Pitch: We’ll Donate to Charity for Every Property Sold
High-end developers add philanthropy angle in bid to appeal to socially conscious buyers
http://www.wsj.com/articles/condo-pitch-well-donate-to-charity-for-every-property-sold-1436302885

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The New Markets for Jumbo Loans
Buyers in Denver, Portland, Ore., and even Detroit are increasingly getting jumbo mortgages.
http://www.wsj.com/articles/the-new-markets-for-jumbo-loans-1436366090

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3-D Printing Adds Depth to Home Décor
Wider access to the technology gives luxury shoppers and manufacturers more choices
http://www.wsj.com/articles/3-d-printing-adds-depth-to-home-decor-1436366930

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First-time buyers finding a way back in
The rise in home prices is good news for owners, but renters are being squeezed by the housing gains of owners and buyers. Despite this, there’s been a rising number of first-time buyers.
http://www.seattletimes.com/business/real-estate/first-time-buyers-finding-a-way-back-in/

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World Population Distributed by Latitude and Longitude –
David Taylor and the team at CityMetric have recently posted a simple and effective chart to show that the population of Canada is not as north as we might think. This reminded me of a another map, that we posted almost five years ago ….
http://urbandemographics.blogspot.com/2015/07/world-population-distributed-by.html

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Upgrading a Deck to Avoid Headaches and Bump Up Home Value
Options for decks are numerous and can be expensive, but choosing the right material and add-ons can prevent maintenance woes and help homeowners profit.
http://www.nytimes.com/2015/07/11/your-money/upgrading-a-deck-to-avoid-headaches-and-bump-up-home-value.html?emc=edit_tnt_20150710&nlid=68153968&tntemail0=y&_r=0

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The MarketPulse
The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics
http://www.corelogic.com/about-us/researchtrends/the-marketpulse.aspx#.VNVmOPmjNpU

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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahb.org/reference_list.aspx?sectionID=819&channelID=311

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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm

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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html