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2019 

Case-Shiller Indices reported slower home price growth in March with a 3.70 percent gain year-over-year as compared to 3.90 percent home price growth for the year-over-year period in 2018. This was the slowest pace of home price growth in seven years.The 20-City Home Price Index showed Las Vegas,...
05/30/2019
Last week's economic news included readings on sales of new and pre-owned homes; weekly readings on mortgage rates and first-time jobless claims were also released.Sales of New and Pre-Owned Homes Lower in AprilSales of brand-new homes fell nearly seven percent in April according to Commerce Depa...
05/28/2019
Last week's economic reports included readings from the National Association of Home Builders on housing market conditions, housing starts and building permits issued. Consumer sentiment was reported along with weekly readings on mortgage rates and new jobless claims. NAHB: Builder Confidence Ris...
05/20/2019
When you started thinking about putting your house up for sale, you probably made a list of repairs that need to be done ahead of time. If that list was long, you might be at a point where you're asking if it's all worth it. Will prospective buyers really notice the little things? And even if the...
05/15/2019
Last week's economic news included readings on job openings and inflation. Weekly reports on mortgage rates and first-time jobless claims were also released. April Inflation Falls Short of ExpectationsThe Consumer Price Index for April fell by 0.10 percent to 0.30 percent. Analysts expected a rea...
05/13/2019
Renovations that create a multi-use property or the development of a new multi-use project can be a very attractive investment especially in urban areas that are undergoing redevelopment. The concept of multi-use is to make the most of the site that is revitalized or developed.Multi-Use ProjectsT...
05/10/2019
Home price growth slowed in February according to the Case-Shiller 20-City Home Price Index. Home price growth hit its lowest rate in more than six years; this indicates that the roaring growth of home prices is settling and could provide opportunities for more would-be buyers to enter the housin...
05/09/2019
Last week's economic news brought good news to U.S. consumers on several fronts. Mortgage rates fell and national unemployment fell to its lowest rate in 50 years. Inflation slowed and the Federal Reserve held its target federal funds rate steady.Freddie Mac analysts credited strong labor markets...
05/06/2019
Real estate investors sometimes get stuck in a rut. They repeat the same type of investment that they did before. This is not necessarily a bad thing because a successful experience is worth repeating. However, it is also a good idea to occasionally take a look at the big picture as well, to see ...
05/03/2019
The meeting of the Federal Reserve's Federal Open Market Committee ended Wednesday with the Committee's customary post-meeting statement recapping monetary policy matters considered by the Committee. Members voted not to change the current target rate range of the federal funds rate. The current ...
05/02/2019
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Bob Elliot

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Real Estate Matters! Local and national market news, trends and updates.