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    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 […]

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    QUOTE OF THE WEEK “Doing nothing is very hard to do…you never know when you’re finished.”—Leslie Nielsen, Canadian-American actor and comedian   NATIONAL MARKET UPDATE   Sales of new homes finished 2023 up 8.0% in December, 4.2% ahead of 2022, their first yearly gain since 2020. Good news for buyers, the median price […]

  QUOTE OF THE WEEK “I’m not always right, but I’m never wrong.”—Garfield, comic strip cat created by Jim Davis   NATIONAL MARKET UPDATE   Housing Starts were up a solid 7.6% compared to a year ago despite being off a bit during holiday-shortened December. The past year, single-family starts are up a very strong 15.8%, […]

    QUOTE OF THE WEEK “If you can’t fly, then run. If you can’t run, then walk. If you can’t walk, then crawl, but whatever you do, you have to keep moving.” — Dr. Martin Luther King, Jr.   NATIONAL MARKET UPDATE   The Mortgage Bankers Association reports demand for purchase loans was up […]

    QUOTE OF THE WEEK “The only normal people are the ones you don’t know very well.”—Alfred Adler, Austrian medical doctor and psychotherapist   NATIONAL MARKET UPDATE   Spending on residential construction in November grew a solid 1.1% above October, and 3.7% ahead of last year. Best of all, the emphasis was on single-family […]

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