Market updates and data
Market Update for the Week of February 18, 2013
Tuesday, 19 February 2013 15:36
QUOTE OF THE WEEK... "Sometimes we stare so long at a door that is closing that we seek too late the one that is open."--Alexander Graham Bell, American inventor INFO THAT HITS US WHERE WE LIVE ... There is more and more evidence that the door of opportunity is opening in the housing market. On Va...
READ MOREMarket Update for the Week of February 11, 2013
Monday, 11 February 2013 14:35
QUOTE OF THE WEEK... "I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel"--Maya Angelou, American author and poet INFO THAT HITS US WHERE WE LIVE ... People who are putting their homes on the market appear to be ...
READ MOREMarket Update for the Week of February 4, 2013
Monday, 04 February 2013 14:32
QUOTE OF THE WEEK... "The ladder of success is best climbed by stepping on the rungs of opportunity." --Any Rand, Russian-American novelist, philosopher, and playwright INFO THAT HITS US WHERE WE LIVE ... For quite some time, borrowers have had the opportunity to take advantage of very low mortga...
READ MOREMarket Update for the Week of January 28, 2013
Monday, 28 January 2013 13:51
QUOTE OF THE WEEK... "There's no one to stop you but yourself."--Dave Thomas, founder of Wendy's and philanthropist INFO THAT HITS US WHERE WE LIVE ... There's not much that's stopping the housing market from steadily moving forward. For 2012, the National Association of Realtors reported existin...
READ MOREMarket Update for the Week of January 21, 2013
Wednesday, 23 January 2013 15:22
QUOTE OF THE WEEK... "Well done is better than well said."--Benjamin Franklin, American inventor and statesman INFO THAT HITS US WHERE WE LIVE ... What's doing pretty well is the housing market. Last Monday, Fed Chairman Ben Bernanke called housing one positive factor "that's going to help us have...
READ MOREMarket Update for the Week of January 14, 2013
Monday, 14 January 2013 13:24
QUOTE OF THE WEEK... "It is wise to keep in mind that neither success nor failure is ever final."--Roger Babson, American entrepreneur and business theorist INFO THAT HITS US WHERE WE LIVE ... That's a good thought as we watch the housing market, once doomed to failure, turn into a more successful...
READ MOREMarket Update for the Week of January 7, 2013
Monday, 07 January 2013 13:40
QUOTE OF THE WEEK... "Never tell your resolution beforehand, or it's twice as onerous a duty."--John Selden, English jurist and scholar INFO THAT HITS US WHERE WE LIVE ... Our leaders in Washington aren't telling if they've truly resolved to put our fiscal house in order, but at least last week's ...
READ MOREMarket Update for the Week of December 31, 2012
Monday, 31 December 2012 13:41
QUOTE OF THE WEEK... "Believe and act as if it were impossible to fail."--Charles F. Kettering, American inventor INFO THAT HITS US WHERE WE LIVE ... If you need some encouragement to follow the advice of the inventor of the automobile starter motor, look to last week's November New Home Sales, U...
READ MOREMarket Update for the Week of December 17, 2012
Monday, 17 December 2012 14:20
Our hearts and prayers go out to the families and community of Newtown, Connecticut. >> Review of Last Week UNCERTAINTY TAKES ITS TOLL... There are just two weeks to go for politicians to broker a deal to stop the country from going over a fiscal cliff of draconian tax hikes and spending cuts. Un...
READ MOREMarket Update for the Week of December 10, 2012
Monday, 10 December 2012 21:30
QUOTE OF THE WEEK... "Our greatest glory is not in never falling, but in rising every time we fall."--Confucius INFO THAT HITS US WHERE WE LIVE ... What are rising now are asking prices for homes. A major Web real estate portal reports prices for homes listed there were up 3.8% in November versus ...
READ MOREMarket Update for the Week of December 3, 2012
Monday, 03 December 2012 14:49
QUOTE OF THE WEEK... "We acquire the strength we have overcome."--Ralph Waldo Emerson, American writer INFO THAT HITS US WHERE WE LIVE ... We who toil in the housing market must surely be very strong by now, having overcome some powerful forces, not the least of which has been the downward pressu...
READ MOREMarket Update for the Week of November 26, 2012
Tuesday, 27 November 2012 15:53
QUOTE OF THE WEEK... "The great thing in the world is not so much where we stand, as in what direction we are moving."--Oliver Wendell Holmes, Sr., American physician, poet, professor, and author INFO THAT HITS US WHERE WE LIVE... We may not be standing in the middle of a fully recovered housing ...
READ MOREMarket Update for the Week of November 19, 2012
Monday, 19 November 2012 17:28
QUOTE OF THE WEEK... "Opportunities multiply as they are seized."--Sun Tzu, ancient Chinese military general, thought to be the author of The Art of WarINFO THAT HITS US WHERE WE LIVE... Investors are seizing the opportunity to invest in Home Depot, the home improvement retailer who's seizing the op...
READ MOREMarket Update for the Week of November 12, 2012
Monday, 12 November 2012 13:02
QUOTE OF THE WEEK... "Success is often just an idea away." --Frank Tyger, American cartoonist, columnist, and humoristINFO THAT HITS US WHERE WE LIVE... One idea that could lead to some success is to let people know that home prices and home sales both posted strong annual growth in the third quarte...
READ MOREMarket Update for the Week of November 5, 2012
Monday, 05 November 2012 13:31
QUOTE OF THE WEEK... "It is only in sorrow bad weather masters us; in joy we face the storm and defy it." --Amelia Barr, British novelistINFO THAT HITS US WHERE WE LIVE... We hope that in the face of the tragedy of superstorm Sandy, those affected will find joy: in neighbors coming together showing ...
READ MOREMarket Update for the Week of October 29, 2012
Wednesday, 31 October 2012 14:34
QUOTE OF THE WEEK... "Action may not always bring happiness; but there is no happiness without action." --Benjamin Disraeli, British politicianINFO THAT HITS US WHERE WE LIVE... The rest of the economy may be barely moving forward, but there's clearly some action in the housing market. New single-fa...
READ MOREMarket Update for the Week of October 22, 2012
Monday, 22 October 2012 12:18
QUOTE OF THE WEEK... "Now and then it's good to pause in our pursuit of happiness and just be happy." --Guillaume Apollinaire, French writer, poet, and criticINFO THAT HITS US WHERE WE LIVE... If Apollinaire were alive today (he died in 1918), he might suggest we pause now and be happy, given that S...
READ MOREMarket Update for the Week of October 15, 2012
Monday, 15 October 2012 18:41
QUOTE OF THE WEEK... "The great opportunity is where you are." --John Burroughs, American naturalist and essayistINFO THAT HITS US WHERE WE LIVE... Opportunity is finally popping up all over the U.S. housing market. Confirmation of that fact came last week in the Federal Reserve's Beige Book, wh...
READ MOREMarket Update for the Week of October 8, 2012
Monday, 08 October 2012 16:42
QUOTE OF THE WEEK... "Winning can be defined as the science of being totally prepared." --George Allen, American football coachINFO THAT HITS US WHERE WE LIVE... Many observers feel we should be totally prepared for the housing recovery to continue. A major real estate portal reports list prices UP ...
READ MOREMarket Update for the Week of October 1, 2012
Monday, 01 October 2012 13:13
QUOTE OF THE WEEK... "Even if you fall on your face, you're still moving forward."--Victor Kiam, American businessmanINFO THAT HITS US WHERE WE LIVE... You could say New Home Sales fell on its face in August, as it was down 0.3% to a 373,000 annual rate. But confirming the sentiment of the above quo...
READ MOREMarket Update for the Week of September 24, 2012
Monday, 24 September 2012 12:32
QUOTE OF THE WEEK... "If we did all we were capable of doing, we would literally astonish ourselves."--Thomas A. Edison, American inventorINFO THAT HITS US WHERE WE LIVE... People indeed are astonished at how the housing market has started to recover and last week's data just kept the ball rolling. ...
READ MOREMarket Update for the Week of September 17, 2012
Monday, 17 September 2012 14:14
QUOTE OF THE WEEK... "The two most important requirements for major success are: first, being in the right place at the right time, and second, doing something about it."--Ray Kroc, creator of McDonald'sINFO THAT HITS US WHERE WE LIVE... Today's home buyers seem to be in the right place at the right...
READ MOREMarket Update for the Week of September 10, 2012
Monday, 10 September 2012 12:13
QUOTE OF THE WEEK... "One never notices what has been done; one can only see what remains to be done."--Marie Curie, Polish-French physicist and chemistINFO THAT HITS US WHERE WE LIVE... One of the key things remaining to be done to achieve a housing market recovery is a return to appreciating price...
READ MOREMarket Update for the Week of September 3, 2012
Monday, 03 September 2012 16:14
QUOTE OF THE WEEK... "He who has hope, has everything." --Thomas Carlyle, Scottish satirical writer, historian and teacherINFO THAT HITS US WHERE WE LIVE... It wasn't that long ago when some pundits were saying hope was all we had in the housing market. But now our hope is being justified by some so...
READ MOREMarket Update for the Week of August 27, 2012
Monday, 27 August 2012 13:50
QUOTE OF THE WEEK... "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." --Warren Buffett, American business magnate, investor, and philanthropistINFO THAT HITS US WHERE WE LIVE... Home prices have certainly been marked down from their highs of a ...
READ MOREMarket Update for the Week of August 20, 2012
Monday, 20 August 2012 12:28
QUOTE OF THE WEEK... "Nothing can be done without hope and confidence." --Helen Keller, American lecturer and authorINFO THAT HITS US WHERE WE LIVE... Home builders last week showed plenty of evidence they are both hopeful and confident. July new Building Permits came in UP 6.8%, to an 812,000 annua...
READ MOREMarket Update for the Week of August 13, 2012
Monday, 13 August 2012 12:08
QUOTE OF THE WEEK... "Actions are the seed of fate. Deeds grow into destiny." --Harry S. Truman, 33rd President of the United StatesINFO THAT HITS US WHERE WE LIVE... Some of the actions we're seeing in the housing market should lead us to a better destiny. The National Association of Realtors (NAR)...
READ MOREMarket Update for the Week of August 6, 2012
Monday, 06 August 2012 11:36
QUOTE OF THE WEEK... "Facts are stubborn things." --Ronald Reagan, 40th President of the United StatesINFO THAT HITS US WHERE WE LIVE... Last week, the Fed had to admit the stubborn fact that there are "further signs of improvement" in the housing sector, even while they acknowledged that the econom...
READ MOREMarket Update for the Week of July 30, 2012
Monday, 30 July 2012 11:58
QUOTE OF THE WEEK... "Sometimes life hits you in the head with a brick. Don't lose faith." --Steve Jobs, American businessman, designer and inventorINFO THAT HITS US WHERE WE LIVE... Last week's housing reports weren't quite the head shot Apple's co-founder referred to, but they still required us to...
READ MOREMarket Update for the Week of July 23, 2012
Monday, 23 July 2012 15:21
QUOTE OF THE WEEK... "Never, never, never give up." --Winston ChurchillINFO THAT HITS US WHERE WE LIVE... The famed British statesman's advice certainly applies to the housing market. Indeed, those who haven't given up are starting to see positive signs. Wednesday, June Housing Starts were UP 6.9% f...
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