Real estate locally in Bend, OR can be impacted by the global economies. We are watching the key variables hourly to make sure you will get the best possible interest rates.
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The Story of the Week was Jobs and it took us both positive and negative on the same report. During the week turmoil in the Middle-East continued to threaten the markets. Oil hovered steady around $100/bbl and stocks climbed. Manufacturing and Retail news all week was positive and Weds and Thursd...
In the past month, we saw inflation numbers tick up just a bit. When the inflation number started getting uncomfortably below the 1.0% level, the Fed stepped up Monetary Easing (see prior QE2 write-ups) and the Fed has been successful in starting us toward their 2.0% target. You can see that we h...
Federal budget years run from October 1 to September 30. The debate in Washington over this $60 billion is about the budget year we are currently in the middle of, ending September 30, 2011. While that budget has a spending number nearing $3 Trillion, there is "only" $440 Billion of “discretionar...