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RECENT BLOG POSTS
Week in ReviewLast week’s economic report schedule included notable reports with the CPI & Core CPI in addition to PPI and Core PPI. With many markets keeping a close eye on the inflation numbers for the U.S. as well as many other parts of the world to help guide their policies. Other notable rep...
10/17/2023
Last week, consumers were treated to several indicators on inflation that not only paint a picture of the economy’s health but also give the Fed more information to work with as it continues to aim for a soft landing.  August Sees a Slight Upward Trend in InflationThis week, the personal consumpt...
10/02/2023
Buying a home is one of the largest investments you will make in your life, and that's why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here's why an extended loan term can end up costing you ...
09/28/2023
In the context of a house sale, "contingent" typically means that the sale of the house is dependent on certain conditions being met. These conditions could include things like the buyer securing financing, the completion of a home inspection, or the sale of the buyer's current home.For example, ...
09/26/2023
Last week’s economic reports included readings on U.S. housing markets, housing starts and building permits, and the scheduled post-meeting statement from the Federal Open Market Committee of the Federal Reserve. Data on sales of previously owned homes were released along with weekly reports on m...
09/26/2023
Are you in the market for a new home? If you are going to rely on mortgage financing to cover some of the purchase cost, you will need to start the application process as soon as possible. However, what if you just need to know how much you will be able to borrow so you can start finding homes in...
09/19/2023
The previous week offered a blend of economic updates, encompassing data on inflation trends, the pulse of consumer sentiment, and the weekly oscillations in mortgage rates and unemployment claims.August Sees a Slight Upward Trend in InflationThe latest data on monthly inflation was made public o...
09/19/2023
If you own a home, you must make sure it is properly protected. Hazards can change throughout the year, and one of the biggest threats during the spring is the arrival of frequent thunderstorms. If your home is damaged by a severe storm, it might be covered by your homeowner's insurance policy. Y...
09/11/2023
Last week’s scheduled economic reporting was limited due to the U.S. Labor Day holiday on Monday. The Federal Reserve released its Beige Book report and weekly readings on mortgage rates and jobless claims were also published. Federal Reserve Releases Beige Book ReportThe Beige Book report is a s...
09/11/2023
Last week’s economic reporting included readings on inflation, consumer sentiment, and weekly readings on mortgage rates and jobless claims.  Inflation Rates Are Similar in AugustMonth-to-month, the inflation rate holds relatively steady at 3.18 percent. This is slightly up when compared to 2.97 ...
09/05/2023
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Bob Elliot

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Real Estate Experience Matters! Local and national market news, trends, and updates.