home sales: Inside Lending; Past, Present and Projection - 10/03/11 05:19 AM
QUOTE OF THE WEEK..."If you only care enough for a result, you will almost certainly attain it."--William James INFO THAT HITS US WHERE WE LIVE...One result we care a lot about is a turnaround for new homes. We haven't attained it quite yet, with New Home Sales down 2.3% in August, at a 295,000 annual rate. This keeps them in the territory they've occupied since May 2010, but there were some good signs in the report. The inventory of new homes for sale fell to its lowest level on record. At the same time, the inventory of homes not yet started … (1 comments)

home sales: Inside Lending - 07/20/11 08:07 AM
Review of Last Week
DEBT WORRIES WOBBLE STOCKS...The word of the week was "debt" as investors worried about both Italy's sovereign debt problems and the inability of the politicians in Washington to get to agreement on raising the U.S. debt ceiling. With these uncertainties, stocks wobbled off their high perch and all three indexes sank for the week, the broad-based S&P 500 down 2%. The FOMC Minutes from the Fed's last meeting revealed a divided committee. Some officials feel the central bank "might have to consider providing additional monetary stimulus" if the recovery remains slow. Others think inflation threats could cause … (0 comments)

home sales: Inside Lending - 06/27/11 05:44 AM
INFO THAT HITS US WHERE WE LIVE...It certainly takes plenty of determination to find the opportunities in today's housing market. Last week the National Association of Realtors (NAR) reported Existing Home Sales down 3.8% in May to an annual rate of 4.81 million units, a six-month low. The median price was up for the month, though down 4.6% from a year ago. Inventories declined, but the months' supply increased to 9.3 because of the slower sales rate. Nevertheless, the NAR's economist opined, "...sales activity in the second half of the year is expected to be stronger than the first half, and … (0 comments)

 
Carly Companion (Academy Mortgage NMLS 180670)

Carly Companion

Burlington, VT

More about me…

Academy Mortgage NMLS 180670

Address: 401 Water Tower Cicle, Colchester, VT, 05446

Office: (802) 598-1880

Details and Predictions about the financial markets, what to look for in the coming weeks and a review of the past week. Learn about how our markets affect our rates and our housing markets.


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