ARCHIVED BLOG POSTS
2018
Last week's economic readings included reports on sales of new and pre-owned homes, mortgage rates and first-time jobless claims.New Home Sales Slide; Pre-owned Home Sales Meet ExpectationsCommerce Department reported lower sales of new homes in June. Sales were expected to reach 666,000 sales on...
07/31/2018
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Historians like to say that those who do not learn the lessons of the past are doomed to repeat them. In the real estate industry, the chances of that happening are slim because agents and other professionals follow market trends closely.That being said, a careful examination of 2017 market trend...
07/24/2018
Last week’s scheduled economic releases included readings from the National Association of Home Builders and Commerce Department readings on housing starts and building permits issued. Weekly readings on mortgage rates and new jobless claims were also releasedNAHB Housing Market Index Unchanged i...
07/23/2018
Last Week's economic readings included reports on inflation, mortgage rates, new jobless claims and consumer sentiment.Inflation Slows in JuneThe Consumer Price Index for June inched down to 0.10 percent growth in June as compared to May's reading of 0.20 percent. Core inflation, which excludes v...
07/16/2018
Last week's economic releases included monthly readings on construction spending, public and private sector job growth and June's national unemployment rate. Weekly readings included Freddie Mac mortgage rates and new jobless claims.Construction Spending Rises in MayAccording to the Commerce, con...
07/09/2018
Last week's economic reports included readings from Case-Shiller housing market indices and data released on new and pending home sales. Weekly releases on mortgage rates and first-time unemployment claims along with the Consumer Sentiment Index for June were also posted.Case-Shiller Reports Rapi...
07/02/2018
Rainmaker
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Bob Elliot
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