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2019 

Federal Reserve policymakers held the federal funds rate at its current range of 2.25 to 2.50 percent. Analysts speculated that the Fed may lower its key rate based on signs of slowing economic growth and the President's encouragement to lower the Fed rate.Federal Open Market Committee members ci...
06/25/2019
Last week's economic reports included monthly readings on housing market conditions, housing starts and building permits issued. Sales of pre-owned homes were released; the Federal Reserve announced its decision not to raise its key interest rate range. Weekly reports on mortgage rates and new jo...
06/25/2019
Homebuilder confidence dropped two points in June according to the National Association of Home Builders Housing Market Index. June's index reading was 64, which indicates strong sentiment among home builders for current housing market conditions.NAHB component readings also dropped in June with ...
06/21/2019
Last week's economic reports included readings on inflation, retail sales and consumer sentiment. Weekly readings on mortgage rates and first-time jobless claims were also released.Consumer Price Index Lower in May as Retail Sales Hold SteadyLast month's Consumer Price Index, which is a widely-us...
06/17/2019
Last week's economic releases included readings on construction spending, public and private sector jobs and national unemployment. Weekly reports on mortgage rates and first-time unemployment claims were also released.Construction Spending Little Changed in April Census Bureau readings for April...
06/10/2019
When buying real estate there are certain standard rights usually included, unless the property has an encumbrance that in some way causes an exclusion as noted in the sale.There are also additional rights that may or may not be in the sale, which may represent significant value.Standard Real Est...
06/07/2019
Last week's economic news included readings from Case-Shiller on home prices and pending home sales. Readings on consumer confidence and weekly reports on mortgage rates and new jobless claims were also released. Case-Shiller: Home Price Growth Slows in MarchWhile home prices continue to rise thr...
06/03/2019
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Bob Elliot

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