RECENT BLOG POSTS
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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
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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...
05/05/2012
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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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Keeping you updated on the market! For the week of April 16, 2012 MARKET RECAP The shift from winter tranquility to spring volatility is readily apparent in the mortgage markets. Fed Chairman Bernanke has noted that there are still considerable challenges which face the economy and that t...
04/14/2012
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Keeping you updated on the market! For the week of April 9, 2012 MARKET RECAP Just as anticipated, mortgage rates have settled back a bit after its recent upward movement of fifteen basis points over the last two weeks. Widespread upward economic movement fostered the rise, but a more rea...
04/07/2012
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Keeping you updated on the market! For the week of April 2, 2012 MARKET RECAP One week's worth of data does not a trend make. We say that because of renewed concern the housing rally is set to peter out because of a burst of sub-par news. The news on lower existing and new home sales was ...
03/31/2012
Keeping you updated on the market! For the week of March 26, 2012 MARKET RECAP Mortgage lending rates have been on the rise, and they've been on the rise in a big way. Over the past week it's possible that someone inquiring on the 30-year fixed-rate loan could have been quoted a price 50-...
03/25/2012
Keeping you updated on the market! For the week of March 19 , 2012 MARKET RECAP So what's up with home prices? That is, are home prices up? Over the past two months we've reported on a slew of data that show prices are down, but the data have been somewhat stale: much of them focused on t...
03/17/2012
Keeping you updated on the market! For the week of March 12 , 2012 MARKET RECAP Home prices continue to garner front-page attention. CoreLogic reports that prices declined for the sixth-straight month in January, dipping 1% from December. Year-over-year prices are down 3.1%. In short, Cor...
03/11/2012
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Keeping you updated on the market! For the week of March 5 , 2012 MARKET RECAP Home sales have developed a positive up trend in the past six months, and it appears that trend will be sustained at least into the near future. The pending home sales index rose 2.0 percent in January to hit 9...
03/04/2012