Economic News this Week: Some important and strong economic data this week took us higher into rates.
We knew this time would come, it’s just always a surprise when it does. Monday the Personal Income for December was a solid rise of 0.4%, with personal spending up 0.4%. Solid good news for workers and spending, not so good for interest rates. Wednesday the Employment...
Success Story of the Week: When going fast wins the bid
Our area here in the South Bay is still experiencing a tight market and causing some homebuyers to feel stressed over the competition they are facing. Imagine you are one of 17 offers on a home. As a first time buyer, when the seller puts out a multiple counter offer...
Economic news this week: A light week in economic news
A light week in economic news with bad signs for the economy, but interest rates did go up. Thursday we got the New home sales data for December and they were softer than expected at 625,000. The weekly jobless claims were up 17,000 for a total of 233,000 which is...
