Market Update for the week of December 11, 2017 – Vol. 15, Issue 49

  QUOTATION OF THE WEEK…“You miss 100 percent of the shots you never take.” –Wayne Gretsky, Canadian former professional ice hockey player and head coach INFO THAT HITS US WHERE WE LIVE… It was announced last week that the Federal Housing Administration (FHA) is increasing loan limits for 2018 in more than 3,000 counties–almost every area of the […]

Continue reading...

Market Update for the week of November 27, 2017 – Vol. 15, Issue 47

QUOTATION OF THE WEEK…”If everything seems under control, you’re just not going fast enough.” –Mario Andretti, Italian-born American former racing driver INFO THAT HITS US WHERE WE LIVE… We keep hearing concerns that tight existing home inventories and rising prices will shrink sales, but the latest data lays those worries to rest. October Existing Home […]

Continue reading...

Market Update for the week of November 13, 2017 – Vol. 15, Issue 45

QUOTATION OF THE WEEK…“Often you just have to rely on your intuition.” –Bill Gates, American business magnate, philanthropist and co-founder of Microsoft INFO THAT HITS US WHERE WE LIVE… The news media is filled with coverage of tax reform proposals from the Administration and both houses of Congress. Politicians and pundits offer opinions on what should be […]

Continue reading...

Market Update for the week of November 6, 2017 – Vol. 15, Issue 44

QUOTATION OF THE WEEK…”The only place where success comes before work is in the dictionary.” –Vidal Sassoon, British and American hairstylist, businessman and philanthropist INFO THAT HITS US WHERE WE LIVE… In spite of rising home prices in many markets, homes remain affordable. A report from the Urban Institute highlighted its housing affordability index, which […]

Continue reading...

Market Update for the week of October 30, 2017 – Vol. 15, Issue 43

QUOTATION OF THE WEEK…”When love and skill work together, expect a masterpiece.” –John Ruskin, English writer and artist INFO THAT HITS US WHERE WE LIVE… Last Wednesday we got the nice surprise that New Home Sales unexpectedly shot up 18.9% in September, hitting a 667,000 unit annual rate, and a solid 17% ahead of where […]

Continue reading...

Market Update for the week of October 23, 2017 -Vol. 15, Issue 42

QUOTATION OF THE WEEK…”You can’t turn back the clock, but you can wind it up again.” –Bonnie Prudden, American physical fitness pioneer, expert rock climber and mountaineer INFO THAT HITS US WHERE WE LIVE… Housing Starts were predicted to dip in September, just not as much as they actually did. Starts fell 4.7% for the […]

Continue reading...

Market Update for the week of October 16, 2017 – Vol. 15, Issue 41

QUOTATION OF THE WEEK…”Knowledge born from actual experience is the answer to why one profits; lack of it is the reason one loses.” –Gerald M. Loeb, stock trader, author and a founding partner of EF Hutton INFO THAT HITS US WHERE WE LIVE… Fannie Mae’s Home Purchase Sentiment Index (HPSI) for September reports that renters […]

Continue reading...

Market Update for the week of October 9, 2017 – Vol. 15, Issue 40

QUOTATION OF THE WEEK…”The only person wise about the future is the person who keeps silent.” –John Kenneth Galbraith, Canadian-born American economist, public official and diplomat INFO THAT HITS US WHERE WE LIVE… Home prices continued to rise in August, up 0.9% from July, in the latest Home Price Index and HPI Forecast from CoreLogic, […]

Continue reading...