Political Capital

Posts tagged: Housing

Potential home buyers attend an open house in Seattle on July 20, 2014.

Photograph by Mike Kane/Bloomberg

Potential home buyers attend an open house in Seattle on July 20, 2014.

Bloomberg by the Numbers: 5.04 Million

Sales of previously owned U.S. homes rose 2.6 percent to a 5.04 million annual rate in June. That’s the highest level in eight months, according to data from the National Association of Realtors. “Historically low interest rates and smaller price...

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Home construction in Wesley Chapel, Florida.

Photograph by Ty Wright/Bloomberg

Home construction in Wesley Chapel, Florida.

Bloomberg by the Numbers: 49

The National Association of Home Builders sentiment gauge rose to 49 this month from 45. It’s the biggest jump in the index since last July, as Bloomberg’s Shobhana Chandra reports here. “That long and harsh winter, which seemed to have...

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Senator John McCain, a Republican from Arizona, during an interview in Washington D.C.

Photograph by Julia Schmalz/Bloomberg

Senator John McCain, a Republican from Arizona, during an interview in Washington D.C.

McCain’s Yellen No-Vote: Math Underwater

Sen. John McCain says he will oppose Janet Yellen for Federal Reserve chair. The Republican senator from Arizona gave this reason today for opposing the current vice chair of the Fed to succeed outgoing Chairman Ben Bernanke: “Because of what’s...

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Representative Mel Watt, a Democrat from North Carolina and U.S. President Barack Obama's nominee as director of the Federal Housing Finance Agency (FHFA), during a Senate Banking Committee nominations hearing in Washington, D.C., on June 27, 2013.

Photograph by Andrew Harrer/Bloomberg

Representative Mel Watt, a Democrat from North Carolina and U.S. President Barack Obama's nominee as director of the Federal Housing Finance Agency (FHFA), during a Senate Banking Committee nominations hearing in Washington, D.C., on June 27, 2013.

Watt’s Housing Fate Rests with Obama: Republican Burr Says

The fate of any renewed effort to confirm North Carolina Democratic House member Mel Watt to lead the federal agency that oversees Fannie May and Freddie Mac rests with the White House, Watt’s home-state Republican senator says. “That’s up to...

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A real estate agent, left, talks to potential homebuyers in Washington, D.C., on June 9, 2013.

Photograph by Andrew Harrer/Bloomberg

A real estate agent, left, talks to potential homebuyers in Washington, D.C., on June 9, 2013.

Bloomberg by the Numbers: 5.39 Million

That’s the number of previously owned homes bought in the U.S. in July, the second-highest level in more than six years as buyers rushed to lock in mortgage rates before they increased any more. Purchases advanced 6.5 percent over the...

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A potential homebuyer during an open house in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

A potential homebuyer during an open house in Washington, D.C.

Young See Home Buying More Favorably

Younger Americans are becoming more optimistic about the housing market, which may help give sales and the economy a lift. Eighty percent of 25- to 34-year-olds said they perceive the housing market as “favorable” or “somewhat favorable,” up 9 percentage...

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President Barack Obama tours the home framing assembly area at Erickson Construction in Chandler, Arizona, on Aug. 6, 2013.

Photograph by Jacquelyn Martin/AP Photo

President Barack Obama tours the home framing assembly area at Erickson Construction in Chandler, Arizona, on Aug. 6, 2013.

Immigration: Obama, Zuckerberg, Chamber Versus Heritage, King

The immigration overhaul under debate on Capitol Hill is so significant that it will make your homes more valuable, President Barack Obama said today. Obama: Immigration reform would boost value of homes http://t.co/mMhD68SddR by @JTSTheHill — The Hill (@thehill) August...

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