General

  QUOTE OF THE WEEK “Why do they call it rush hour when nothing moves.”—Robin Williams, American actor and comedian   NATIONAL MARKET UPDATE   Buyers are back. The Mortgage Bankers Association reports applications for purchase mortgages, down for more than a month, jumped 11% over the prior week. Even refinance applications were up 8% […]

  QUOTE OF THE WEEK “One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.”—William Feather, American publisher and writer   NATIONAL MARKET UPDATE   January sales of new single-family homes rose for the second month in a row and are […]

#MotivationMonday

  QUOTE OF THE WEEK “Drawing on my fine command of the English language, I said nothing.”—Robert Benchley, American humorist and movie actor   NATIONAL MARKET UPDATE   Sales of existing homes in January scored a 3.1% gain over December. The National Association of Realtors saw this as “the start of more supply and demand,” […]

    QUOTE OF THE WEEK “If I were two-faced, would I be wearing this one?”—Abraham Lincoln, 16th president of the United States   NATIONAL MARKET UPDATE   The Mortgage Bankers Association reports January loan applications for new homes rocketed up 19.1% from a year ago and 38% over December, the strongest January read the […]

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#MotivationMonday

    QUOTE OF THE WEEK “The problem with winter sports is that—follow me closely here—they generally take place in winter.”—Dave Barry, American humor columnist and author   NATIONAL MARKET UPDATE   For the week ending February 3, Realtor.com reports a 12.2% rise in active for-sale inventory, powered by a 12.8% boost in new listings, […]

#MotivationMonday

    QUOTE OF THE WEEK “The chief function of the body is to carry the brain around.”—Thomas A. Edison, American inventor and businessman   NATIONAL MARKET UPDATE   Spending on residential construction in December went up 1.4% from November, with spending on single-family homes up a solid 1.6%. Spending is up 9.9% on single-families […]