Economic Updates
Wednesday, October 28
Last Week in the News--------------------------------------------------------------------------------Existing home sales rose 9.4% in September to a seasonally adjusted annual rate of 5.57 million units from 5.1 million units in August. The increase was largely due to the tax incentive for first-...
Economic Updates
Tuesday, October 20
Last Week in the News-------------------------------------------------------------------------------- Retail sales decreased 1.5% in September, following a revised 2.2% increase in August. However, excluding automobiles, retail sales rose 0.5%, more than the 0.2% increase economists had expected....
Economic Updates
Tuesday, October 06
Last Week in the News The Commerce Department reported total construction spending rose 0.8% in August. Economists had expected a decrease of 0.2%. Private residential activity rose 4.7%, posting its best showing since November 1993. The Standard & Poor’s / Case-Shiller 20-city housing pri...
Economic Updates
Monday, September 28
Last Week in the News The index of leading economic indicators — designed to forecast economic activity in the next three to six months — rose 0.6% in August after an upwardly revised 0.9% gain in July. It was the fifth straight monthly increase. The Mortgage Bankers Association said its seaso...
Economic Updates
Monday, September 21
Last Week in the News The Commerce Department reported that the combined construction of new single-family homes and apartments in August increased 1.5% to a seasonally adjusted annual rate of 598,000 units. This follows a 1% decline in July and a 6.5% increase in June. According to th...
WHOLESALE TO ME... HERE'S MY BUYING CRITERIA
Thursday, September 17
Wholesaling is a great way to start out in real estate. To be successful you need to proudly embrace the position of middle man or woman. You need to network. Your success will depend on your buyers list and your ability to find good properties. That is where your value lies. You need a b...