Happy Monday January 14, 2013! America is open for business again! Actually most real estate professionals are open for business 24/7! I got a call from a Chinese businessman this morning at 1:00 AM or the real 0 dark thirty! He wanted to ask about a multimillion dollar apartment complex! American property is on sale and the price is cheap compared to a lot of the world.
Visit my web site at www.myslohomefinder.com for all your San Luis Obispo home needs.
The Week Ahead: Retail Sales, Housing Starts and Fed Speakers
No economic data today.
Tuesday: Producer Price Index, prior -0.8% consensus -0.1%. Retail Sales, prior 0.3% consensus 0.2%.
Wednesday: Consumer Price Index, -0.3% consensus 0.0%. Industrial Production, prior 1.1% consensus 0.2%.Housing Market Index,prior 47 consensus 48.Beige Book
Thursday: Housing Starts,prior 0.861M consensus 0.887M. Jobless Claims, prior 371K consensus 368K.Philadelphia Fed Survey, prior 8.1 consensus 6.0
Friday: Consumer Sentiment,prior 80.5 consensus 75.0
Dow is trading at 13,497+8.82, the 10 yr bond is at 1.85 from 1.91 Friday, . Currently mortgages areslightly better from Friday
Conv. - 3.375%
FHA. - 3.25%
"Fortune comes to those that seize the moment! Steal that base, and make them throw you out!" by Pete Rose
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