WHAT TO WATCH: CONSUMER PRICE INDEX

WHAT TO WATCH: CONSUMER PRICE INDEX

Signs of inflation can move the Stock and Bond markets and impact home loan rates, which are tied to Mortgage Bonds. Here are important details to know. What is the Consumer Price Index (CPI) report? CPI measures consumer inflation and … Continue reading

HOME SALES HEATED UP HEADING INTO WINTER

HOME SALES HEATED UP HEADING INTO WINTER

New and Existing Home Sales were something to celebrate in November, while home prices continued to heat up. The National Association of REALTORS┬« reported that Existing Home Sales in November edged higher by 0.7 percent from October to an annual … Continue reading

REAL ESTATE RUN

REAL ESTATE RUN

Housing Starts, which measure when excavation begins on a home, surged 25.5 percent in October from September. It was the highest level since September 2007. Single-family starts, which make up the largest share of the market, jumped nearly 11 percent, … Continue reading

SEPTEMBER HOME SALES HEAT UP

SEPTEMBER HOME SALES HEAT UP

The National Association of REALTORS┬« reported that after two straight monthly declines, Existing Home Sales jumped 3.2 percent from August to September. First-time buyers claimed a 34 percent share of home purchases, a high not seen in over four years. … Continue reading