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Markets In A Minute For The Week Ending 9/9/16

By Kristin Johnston - REALTOR®

Real Estate Agent with RE/MAX Platinum

September 10, 2016 12:33 AM

Markets In A Minute For The Week Ending 9/9/16

markets in a minute

We are all busy. It is tough to keep on top of all the markets and how they are performing.

That is why, I always enjoy Mike's Markets In A Minute Updates. Here is his latest one for the week ending 9/9/16. I hope you all had a great week, and will enjoy your weekend too.

My name is Kristin Johnston with RE/MAX Realty Center.

Are you looking to Buy a house Wondering what your Home is worth? Call/text me at 414 254 6647 or email me at kjohnston@remax.net.

Check out my website www.waukeshahousesforsale.com. Review my many happy client testimonials too!

Markets in a Minute | September 9, 2016

Published September 9, 2016 | By Kim Reimer

For the Week Ending September 9, 2016

Please enjoy this quick update on what happened this week in the housing and financial markets.

	Weak manufacturing reports pushed odds of a September Fed rate hike to a 3-week low. Previously, economists had put the probability of a hike near 55%.

	Although a September hike is no longer considered likely, polls say the Fed may act in December. Expect the Fed to monitor economic data to make a decision.

	The labor market remains strong, with jobless claims decreasing to the lowest level since July. A strong labor market is supportive of a possible Fed rate hike.

	Increasing for the 3rd consecutive month, 34% of consumers polled say it is a good time to buy a home. However, only 15% said it was a good time to sell.

	The strong labor market has home buyers feeling more secure than ever. More than 73% of those polled were not concerned with the possibility of losing their job.

	The trend in new home construction is for more bedrooms. Homes with 3 or fewer bedrooms have decreased, while homes with 4 or 5 bedrooms have increased.

Luke comes home from his first day of school, and his mother asks, “What did you learn today?”

“Not enough,” Luke replies. “They said I have to come back tomorrow!”

Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.

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Jerry Newman

Brown Realty, 210-789-4216, - San Antonio, TX

Texas REALTOR, San Antonio Military Relocation

What a great tool to have, Kristin. It's loaded with lots of great information and keeps buyers and sellers in the know for the local market.

Sep 10, 2016 12:47 AM

Roy Kelley

Gaithersburg, MD
Kristin Johnston - REA...

Waukesha, WI

Harry F. D'Elia III

WEDO Real Estate and Beyond, LLC - Phoenix, AZ

Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Thanks for sharing your local real estate market reports with us today.

Sep 10, 2016 01:28 AM

Kristin Johnston - REALTOR®

RE/MAX Platinum - Waukesha, WI

Giving Back With Each Home Sold!

Thanks Jerry and Harry!

Sep 10, 2016 01:31 AM

Sandy Padula & Norm Padula, JD, GRI

HomeSmart Realty West & Florida Realty Investments - , CA

Presence, Persistence & Perseverance

Apparently the FED has not realized that manufacturing numbers are down based on your report and what happened yesterday in the stock market. Still, as always, Kristin Johnston, Waukesha County Realtor 414-254-6647 your reports are super!

Sep 10, 2016 02:33 AM

Roy Kelley

Gaithersburg, MD

Brian England

Ambrose Realty Management LLC - Gilbert, AZ

MBA, GRI, REALTOR® Real Estate in East Valley AZ

These reports are good for those that don't have a lot of extra time in their day, but still want to stay abreast of what is going on in their area!

Sep 10, 2016 05:12 AM

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Kristin Johnston, Waukesha County Realtor 414-254-6647 , I can understand why 4 and 5 bedrooms are becoming more popular, as we are seeing multi-generation families are looking for homes.

Sep 10, 2016 12:29 PM

Roy Kelley

Retired - Gaithersburg, MD

This is good information to share with families considering a move to the area.

Sep 11, 2016 11:48 PM

Markets In A Minute For The Week Ending 9/9/16

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