Home sales decline to 4 year low, Nat Realtor Assoc predicts prices up.  Confused?

Home sales decline to 4 year low, Nat Realtor Assoc predicts prices up. Confused?

Contract signings to purchase previously-owned U.S. homes unexpectedly fell by the most since January, reaching the lowest level since mid-2014 amid mounting evidence that the housing market is struggling.  New homes sales also tumbled 8.9% in October. On the...
Stocks plummet, stock rise, one step you should take today

Stocks plummet, stock rise, one step you should take today

For anyone watching the markets, it has been quite the ride.  I’m feeling a bit seasick from all the motion taking place in the markets! Stocks plummet then come roaring back all within the same day.  What is going on?  As stocks are swooning so are 10-year treasuries...
Home sales decline to 4 year low, Nat Realtor Assoc predicts prices up.  Confused?

39% drop in real estate refinancing; Denver drops 44%

Mortgage rates for a 30-year mortgage bottomed our around 3.4% in July of July of 2016.  Rates recently broke through the 5% mark and the 10-year treasury just hit a 7-year high.  At the same time Well’s Fargo announced it was laying off over 600 mortgage workers and...
Markets plunge 7%, has the fed gone “loco”; real estate impact?

Markets plunge 7%, has the fed gone “loco”; real estate impact?

This past week has been a rough ride with the S&P losing over 7%.  Is this a minor correction or something more?  President Trump says blame the “loco” fed not the China trade war.  Is he correct?  What are the drivers of the recent decline and what does this mean...