Understanding Existing Home Sales
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 7.7%…
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30 Second Market Update
Fed Getting Inflation Under Control
In an attempt to curb inflation, the Federal Open Market Committee (FOMC) hiked the Fed Funds Rate by 50 basis points last week to target a…
Read moreInflation is Heading in The Right Direction
Last week the Producer Price Index or PPI was released showing that overall inflation on the producer level increased by 0.3% for the month…
Read morePending Home Sales Lower, But There’s a Light at the End of the Tunnel
The National Association of Realtors released its Pending Home Sales report and it showed that signed contracts were down by 4.6% in October…
Read moreHome Builders Need Costs to Drop to Regain Optimism
Earlier this month the National Association of Home Builders (NAHB) released its home builder survey and the national index dropped from 38…
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Get pre-qualified Call 800-778-9044Taking a Look at Existing Home Sales
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 5.9%…
Read moreAs Inflation Cools, Mortgage Rates Should Follow
The Bureau of Labor Statistics released its Consumer Price Index report for October showing overall inflation increased by 0.4%. This was ac…
Read moreHousing Cools Yet Still Resilient
The National Case-Shiller Home Price Index Report was released last week. This is widely considered the “gold standard” or the industry’s le…
Read moreKeeping An Eye on Inflation
The U.S. Bureau of Economic Analysis has released their Personal Consumption Expenditures report for the month of September. This is the Fed…
Read moreExisting Home Sales Cool, But Still Healthy
The National Association of Realtors (NAR) released their Existing Home Sales housing report and it showed that closings on existing homes w…
Read morePossible Inflation Peak
The Producer Price Index, which measures wholesale inflation, rose 0.4% in September. This reading was .2% higher than expected. Year over y…
Read morePending Home Sales Decline, but Optimistic Going Forward
The National Association of Realtors (NAR) released their Pending Home Sales report, which measures signed contracts on existing homes acros…
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