Fed’s Fisher says rates may rise ‘sooner rather than later’

T The U.S. Federal Reserve may start raising rates around the spring of 2015, at the earlier end of market expectations, Richard Fisher, president of the Federal Reserve Bank of Dallas said on Thursday. “It’s assumed in the market place that we’ll start our liftoff in raising interest rates some time between the spring and […]

New Home Sales Jump 18% in August

Sales of new U.S. single-family homes surged in August and hit their highest level in more than six years, offering confirmation that the housing recovery remains on course. The Commerce Department said on Wednesday sales jumped 18.0 percent to a seasonally adjusted annual rate of 504,000 units. That was the highest level since May 2008 […]

Weekly Market Update

>> Market Update QUOTE OF THE WEEK… “Things are not always as they seem; the first appearance deceives many.” –Phaedrus, Roman poet and fabulist INFO THAT HITS US WHERE WE LIVE… The ancient Roman writer of fables certainly hit the nail on the head with regard to last week’s housing reports. Housing Starts dipped 14.4% […]

Weekly Market Update 9/15/14

>> Market Update QUOTE OF THE WEEK… “Be so good they can’t ignore you.” –Steve Martin, American actor, writer, and musician INFO THAT HITS US WHERE WE LIVE… The housing market isn’t quite as good as Mr. Martin advises, but it’s a lot better than some media pundits would have us believe. Last week, one […]

Weekly Market Update

>> Market Update QUOTE OF THE WEEK… “Learn from yesterday, live for today, hope for tomorrow.” –Albert Einstein, German-born theoretical physicist INFO THAT HITS US WHERE WE LIVE… Einstein’s scientific genius provides some smart advice for today’s housing market. “Learn from yesterday”: we recently learned that the home price decline a few years ago was […]

Weekly Market Update!

>> Market Update QUOTE OF THE WEEK… “We never taste a perfect joy; our happiest successes are mixed with sadness” –Pierre Corneille, French dramatist INFO THAT HITS US WHERE WE LIVE… Some observers were indeed sad to see that New Home Sales fell off by 2.4% in July, dipping to a 412,000 annual rate. But […]

Weekly Market Update 8.26.14

>> Market Update QUOTE OF THE WEEK… “It’s not about how good you are, it’s about how good you want to be.” –Nicole Jacek, German award-winning graphic designer INFO THAT HITS US WHERE WE LIVE… We all want to be the best and help make the housing market the best it can be. Housing took […]

Supreme Lending’s Weekly Market Update!

>> Market Update QUOTE OF THE WEEK… “Normalcy is not interesting.” –Lindsay Lohan, American actress, model, producer, and recording artist INFO THAT HITS US WHERE WE LIVE… If the troubled performer were earning her living in real estate, she might think differently about normalcy. For a few years now, the housing market has been anything […]

Supreme Lending’s weekly mortgage update!

>> Market Update QUOTE OF THE WEEK… “The trees that are slow to grow bear the best fruit.”–Moliere, French playwright and actor INFO THAT HITS US WHERE WE LIVE… If the great French dramatist were alive today, he probably wouldn’t be concerned by signs of slower growth in the housing market. Perhaps we shouldn’t be […]

Weekly Market Update

>> Market Update QUOTE OF THE WEEK… “I’ve had a lot of worries in my life, most of which never happened.”–Mark Twain, American author and humorist INFO THAT HITS US WHERE WE LIVE… A big worry for some is that the housing recovery will collapse and people of that persuasion felt they got some support […]

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