In A Nut Shell Market Minutes For The Week Ending 4/15/16

By
Real Estate Broker/Owner with Winston Realty, Inc. BK63078915

 

In A Nut Shell Market Minutes For The Week Ending 4/15/16

 

 

Consumer prices rose less than expected in March and underlying inflation slowed, suggesting the Fed will remain cautious about raising policy rates.

 

The labor market, however, continues to show signs of strength. Jobless claims remained below 300,000 for the 58th week, the longest stretch since 1973.

 

 

Oil prices have risen as traders look to Sunday's meeting of oil producing countries. If oil prices continue to increase, it could pressure rates higher.

 

The spring market is heating up as purchase mortgage applications saw a sudden pick up last week. Apps to purchase new construction jumped by 17% in March.

 

The "tiny house movement" is continuing to gain steam. Usually around 200 sq ft, these homes are becoming more popular among those looking to shed costs.

 

As home values once again rise, it creates new opportunities. An interesting concept, down payment insurance, is now being offered by private companies.

Posted by

P. Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA

We service all of Palm Beach County and S. Florida

 

 513 N. Country Club Drive, Suite 200, Atlantis, FL 33462

Office: (561) 247-7376 - Fax: (561) 537-7223 - Cell: (561) 629-2660

Email: PWH@WinstonRealty.co - Web: WinstonRealty

 

Search: Atlantis, Boca Raton, Lake Worth, Palm Beach Gardens,

South Palm Beach, West Palm Beach           

 

                      

              

P Winston Heverly - Real Estate Agent

Comments (3)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Evening Winston - thanks for the report.  It is cautiously optimistic.

Apr 15, 2016 02:00 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Winston Heverly - thanks for sharing nutshell market minutes for 4/15/16.

Apr 15, 2016 04:46 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Winston.  I wonder what the average salary for these jobs is this month?

Apr 15, 2016 09:21 PM