Markets In A Minute For The Week Ending 12/9/16

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Real Estate Agent with RE/MAX Realty Center

Markets In A Minute For The Week Ending 12/9/16markets 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 12/9/16.  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.  

  

 

Markets in a Minute | December 9, 2016

For the Week Ending December 9, 2016
   

 

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

Stock markets continue to hit new highs on expectations that the Trump administration will bring economic growth, which has contributed to rate volatility.
The ECB has decided to extend overseas bond purchases, but at a lesser amount starting in April. The ECB stimulus is supportive of lower mortgage rates.
The Fed meets next week and is 100% expected to raise policy rates. Markets will look for guidance on future action, and reactions could cause more rate volatility.

Politics even trickle into the housing market. After the election, surveys showed Republicans’ housing market expectations improved, while Democrats’ reversed.
Rising mortgage rates have not dampened demand for housing. Inventory continues to be a concern though, especially for first-time buyers.
Trump has chosen Ben Carson to head up HUD. Opinions vary about the choice, mainly due to Carson’s lack of experience in government or housing.

I became a Realtor® after quitting my job making origami. I wanted a job with less paperwork.

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.

 

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

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Rainmaker
3,100,373
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Kristin JOhnston,  Love the last laugh, less paper works  hahahaha   Go packers and Broncos tomorrow!

 

Dec 10, 2016 08:10 AM #1
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Hi Kristin Johnston - REALTOR®!  I too enjoy those Markets in a Minute!  Great information and not a lot of reading involved!  Hope you have a great weekend!

Dec 10, 2016 08:40 AM #2
Rainmaker
1,174,015
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Kristin Johnston - REALTOR® - I really like the "Markets In A Minute" report!  It even has a joke at the end!

Dec 10, 2016 02:05 PM #3
Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I always love to read your markets in a minute posts. Thank you.

Dec 11, 2016 06:49 AM #4
Rainmaker
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Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Thank you all!

Dec 11, 2016 07:39 AM #5
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will certainly appreciate your local real estate market reports.

Dec 12, 2016 04:48 PM #6
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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Well, you may have started out with less papers but they are far more detailed.  Have  positive weekend

Dec 16, 2016 08:48 AM #7
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Kristin Johnston - REALTOR®

Giving Back With Each Home Sold!
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