Mike Dutra Mortgage Blog

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Mortgage and Lending - Peoples Home Loans - NMLS 13530
RECENT BLOG POSTS
    Keeping you updated on the market! For the week of July 30, 2012     MARKET RECAP Is it still meaningful to report on the upward trend in home prices? We have to answer “yes,” because there's still a lot of time to make up, considering all the negative reporting that occurred over the past fo...
07/30/2012
    Keeping you updated on the market! For the week of July 23, 2012     MARKET RECAP Are the home builders foreshadowing the future of the housing market? We sure hope so, because builder sentiment suggests better days ahead. We say that because the home builder sentiment index surged a whopping...
07/22/2012
    Keeping you updated on the market! For the week of July 2, 2012     MARKET RECAP It's getting easier to understand why home builder sentiment keeps rising monthly: sales and prices are now in an established uptrend. Indeed, new home sales recorded a very solid 7.6 percent increase in May, pos...
07/01/2012
    Keeping you updated on the market! For the week of June 25, 2012     MARKET RECAP No one number can explain a market. We mention that because the headline number on housing starts points to lower new home sales. The headline number says that housing starts declined 4.8 percent in May after ri...
06/25/2012
    Keeping you updated on the market! For the week of June 4, 2012     MARKET RECAP The data flow usually slows to a trickle during a holiday-shortened work week. That was case this past week, thanks to the extended Memorial Day weekend. That said, the flow didn't completely dry up; there were s...
06/03/2012
    Keeping you updated on the market! For the week of May 28, 2012     MARKET RECAP As each week passes, the data on housing becomes more encouraging. This past week's data added to the good feelings. Existing homes sales continue to post monthly gains, rising 3.4 percent in April to an annualiz...
05/28/2012
    Keeping you updated on the market! For the week of May 21, 2012     MARKET RECAP We're at a point in the housing recovery where few people doubt we are actually in the midst of a recovery. Since the beginning of the year, we've been reporting news and data that have generally trended more pos...
05/20/2012
    Keeping you updated on the market! For the week of May 14, 2012     MARKET RECAP Nineteenth-century Scottish writer Thomas Carlyle is best known for coining the brickbat “the dismal science” when writing about economics. To be sure, economics can be dismal when it's perverted by agenda or pre...
05/13/2012
    Keeping you updated on the market! For the week of May 7, 2012     MARKET RECAP Once again we are compelled to lead with home prices. That's actually a good thing, because home prices are increasingly on the rise and increasingly portend higher prices. The latest pricing data, from Trulia, sh...
05/06/2012
    Keeping you updated on the market! For the week of April 23, 2012     MARKET RECAP All good things really do end, and that includes optimism. Home builder sentiment had been improving measurably for the past seven months, until this month when the NAHB/Wells Fargo Housing Market Index fell th...
04/21/2012
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