California Is Expensive: How To Get Into The Game

The metropolitan areas of California are expensive and will continue to get more expensive, as development is down, building costs are high, and developable land in these areas is scarce. Hence, prices in these areas will most likely remain high … Read More

Daily Rate Update: April 2nd-6th

April 6, 2018 –  Job growth slowed in March due in part to some harsh weather across the nation. The Bureau of Labor Statistics reports that there were 103,000 jobs created in March, lower than the 175,000 expected. On the … Read More

Millennial Homeownership Is On The Rise

1. What you are seeing with people looking to buy who are in the millennial age range (22-37)?  We continue to see a strong desire to get into the real estate market. However, more and more kids coming out of … Read More

Daily Rate Update: March 26th-30th

March 29, 2018 –  Tame inflation data is giving both Stocks and Bonds a boost this morning as the month and quarter come to an end. The Fed’s favorite inflation gauge, the annualized Core PCE, met expectations of 1.6% for … Read More

Fed Bumped Up Rates: What That Means For You

As anticipated, the Fed bumped up the Federal Funds rate another .25% this week. The markets had little reaction to this move and had already “baked in” its anticipated effects. They made this move to hopefully choke off a surge … Read More

Daily Rate Update: March 19th-23rd

March 23, 2018 –  The Commerce Department reported on Friday that New Home Sales in February edged lower by 0.6% from January to an annualized rate of 618,000, just below the 620,000 expected. This was the third straight monthly decline. … Read More

Daily Rate Update: March 12th-16th

March 16, 2018 –  The Commerce Department reported that February Housing Starts declined by 7% from January to an annual rate of 1.236 million units, versus the 1.283 million expected and down from the 1.329 million reported in January. The … Read More

Daily Rate Update: March 5th-9th

  March 9, 2018 –  U.S. job growth surged in February as the labor market continues to tighten, though wage growth cooled. The Bureau of Labor Statistics reported that Non-Farm Payrolls rose by 313,000 last month, well above the 210,000 … Read More

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