Mike Hendrickson's Real Estate Blog

Good morning to all!  Here is today's mortgage rate update from Bob Franklin at Wells Fargo Home Mortgage located in the beautiful city of Pismo Beach California.   The Week Ahead: Manufacturing Data and Employment Situation Today: Personal income increased $50.3 billion, or 0.4 percent, and disp...

When clients ask me what's the future of real estate, I ask them the question, "Can your kids afford your house?"  Unfortunately 95% of the time the answer is "no".  So what is the long term implications of this demographic trend?  It's not bullish for real estate!  What we are suffering is the b...

In another service to my readers, I have attached a great article about today's housing market.  Thank you to the LA Times and their crack reporter Lazo Alejandro at alejandro.lazo@latimes.com   Housing market may be on rebound at last   New data show price declines easing in big cities, sales of...

Good morning to all!  I have Bob Franklin's mortgage rate update.  It's a great time to buy property!   The Day Ahead: Moderate Data Calendar Before Friday's GDP         In the week ending April 21, the advance figure for seasonally adjusted initial Jobless Claims was 388,000, a decrease of 1,000...

Hello all! Here is today's mortgage market update from Wells Fargo Home Mortgage. The Day Ahead: FOMC Announcement, Forecasts, and Press Conference         Durable goods in March decreased $8.8 billion or 4.2 % to $202.6 billion. This decrease, down two of the last three months, followed a 1.9 % ...

Good morning to all!  I have today's mortgage update from Bob Franklin at Wells Fargo Home Mortgage from the beautiful city of Pismo Beach in the Central Coast region of California.  Come visit and try our excellent wines from the Cliffs Hotel and enjoy the view. So here is Bob-   The Day Ahead: ...

Good morning all!  Here is today's mortgage rate update from Bob Franklin at Wells Fargo Home Mortgage located in the beautiful city on the beach, Pismo Beach and the pretty city of San Luis Obispo California.  Home to one of the best universities in the nation California Polytechnic State Univer...

Good morning to all!  I have Bob Franklin's mortgage rate updates.  Bob works for Wells Fargo Home Mortgage in the city by the beach Pismo Beach California, "Where the Beach Boy's song "Good Vibrations" comes to mind as you cruise down Price Street with the convertible top down and the tunes play...

Hello to all! Here is today's mortgage rate update from Bob Franklin at Wells Fargo Home Mortgage.  Bob is located in Pismo Beach California.   Here's Bob- The Day Ahead: Consumer Prices and Consumer Sentiment         The Consumer Price Index for All Urban Consumers increased 0.3 percent in March...

Hi all!  Here is today's mortgage rate update-   The Day Ahead: Import, Export prices, Beige Book   U.S. import prices advanced 1.3 % in March, after edging down 0.1 % the previous month. Higher fuel and nonfuel prices contributed to the advance. Prices for U.S. exports rose 0.8 % in March, follo...