ARCHIVED BLOG POSTS
2019
Last week's economic reporting included readings on sales of new and pre-owned homes; weekly reports on mortgage rates and new jobless claims were also released along with a report on consumer sentiment.Sales of New Homes Hit 16-Month HighThe Commerce Department reported that deep discounts offer...
04/29/2019
Last week's economic news included readings on home builder confidence in housing market conditions and Commerce Department reports on housing starts and building permits issued. Weekly readings on mortgage ratees and first-time jobless claims were also released. NAHB Housing Market Index: Builde...
04/22/2019
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Home builder confidence increased in April to an index reading of 63, which was one point higher than for March and the highest reading in six months. Analysts said that April's reading revealed more about housing market conditions in the past six months than it was an indicator of future market ...
04/18/2019
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Real estate agents are constantly looking for new listings, which will attract potential buyers. We no longer need to limit our search for good listings to planet Earth because Mars is now for sale.Although this may sound a bit far-fetched at first, it is not such a strange concept if you conside...
04/17/2019
Last week's economic readings included reports on inflation, mortgage rates, and first-time jobless claims. Monthly reporting on consumer sentiment was delayed.Consumer Price Index: Inflation Rises in MarchThe Consumer Price Index rose 0.40 percent in March, which matched expectations and surpass...
04/15/2019
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Members of the Federal Reserve's Federal Open Market Committee voted to hold the target range of the federal funds rate to its current range of 2.25 to 2.50 percent. The minutes of the most recent Committee meeting cited softening domestic and global economic conditions as reason for not raising ...
04/11/2019
Last week's economic news included readings on construction spending and inflation; labor sector reports on the national unemployment rate, public and private sector employment were also released. Weekly readings on mortgage rates and new jobless claims were also released.Construction Spending Ri...
04/08/2019
Last week's economic reports included readings from Case-Shiller on home price growth, Commerce Department readings on housing starts and building permits issued. The Conference Board issued its monthly reading on consumer confidence. Pending home sales and weekly reports on mortgage rates and fi...
04/01/2019
Rainmaker
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Bob Elliot
30+ Yrs Industry Experience
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