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For the week of January 15, 2018 — Vol. 16, Issue 3 >> Market Update QUOTATION OF THE WEEK…“I have enough money to last me the rest of my life. Unless I buy something.” –Jackie Mason, American stand-up comedian and film and television actor INFO THAT HITS US WHERE WE LIVE… The latest Black Knight Mortgage Monitor […]

INFO THAT HITS US WHERE WE LIVE … The Nobel prize winning laureate probably didn’t have the housing market in mind when he penned his famous line. But his description of April might be apt for housing now, as both new and existing home sales dipped last month. New homes delivered the cruelest headline number, down […]

INFO THAT HITS US WHERE WE LIVE … It sure looked like the recovery in home building had come to a stop in April, as Housing Starts fell 2.6%, to a 1.172 million annual rate. But wait. Compared to a year ago, starts are still up 0.7% overall. Plus, the April drop was entirely due […]

INFO THAT HITS US WHERE WE LIVE … More consumers must be seeing opportunities in today’s housing market, since they grew more optimistic about it last month. Fannie Mae’s Home Purchase Sentiment Index went up 2.2 percentage points in April, and those who said now is a good time to buy a home rose five […]

INFO THAT HITS US WHERE WE LIVE … Approaching life with the right attitude is a great thing, and some recent housing market facts ought to help us do just that. The Mortgage Bankers Association Mortgage Applications Survey for the week ending April 28 reported the seasonally adjusted Purchase Index was 4% up from the week […]

INFO THAT HITS US WHERE WE LIVE … If you work in the housing market, the latest economic reports ought to put a smile on your face. March New Home Sales zoomed up a way better than expected 5.8%, and are now 15.8% ahead of their pace a year ago.Hitting a 621,000 unit annual rate, […]

INFO THAT HITS US WHERE WE LIVE … A good trend for us to exploit is the upward trend that continues in home building. That may seem like a far-fetched statement if all you saw was the headline number for March Housing Starts–down 6.8%. But wait. That’s coming off their big February boost thanks to […]

INFO THAT HITS US WHERE WE LIVE … Home builders appear to be working hard and the results are indeed inspiring. The Mortgage Bankers Association (MBA) reports purchase applications for new homes surged to a record high in March. Their Builder Application Survey pegged those purchase applications UP 23% over February and 6.7% ahead of […]

INFO THAT HITS US WHERE WE LIVE … Well, there are some good reasons for us to feel confident about the housing market, so fun and amazing things may be soon upon us. The latest market analysis from reveals this spring will be the hottest buying season yet. The median number of days homes are […]

INFO THAT HITS US WHERE WE LIVE… The housing market certainly got off to a good beginning this year. Existing Home Sales shot up 3.3% in January to a 5.69 million unit annual rate–their fastest sales pace since 2007! The National Association of Realtors chief economist commented, “challenges remain, but the housing market is off to […]

This material is not from HUD or FHA and has not been approved by HUD or any government agency. Equal Housing Opportunity Lender

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803 Carlsborg Rd., Suite C, Sequim, WA 98382

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