by Athena Paquette | Jun 4, 2016 | Home Buyers, Home Owners
The Institute of Supply Management Manufacturing index increased to 51.3 from 50.8% which is a sign of growth in the economy. The JOBS report for May gave us no surprising news. There was a gain of 173,000 jobs in May which was in line with expectations. However the...
by Athena Paquette | May 29, 2016 | Investors
Another quiet week ahead of the holiday brought us surprisingly good news that made the market yawn… New home sales were reported up 16.6% in 1 month and 18% year over year. HUGE jump, and the market said “yawnnn”. The median price of homes nationally is $321,000. The...
by Athena Paquette | Apr 2, 2016 | Blog, Home Owners, Investors, Realtors
This week’s economic news was fairly bland and therefore rates stayed the same. The biggest news of the month is usually the jobs report. The consensus was that the non-farm payroll numbers would be 200,000 and the number came in at 215,000. Average hourly earnings...
by Athena Paquette | Sep 18, 2015 | Blog, Home Owners, Investors, Realtors
It’s all about the Fed the Fed the Fed… some people claim that they have gone crazy watching hours of pundits talk about whether they will raise the Fed funds rate and therefore the prime rate this week. 7 out of 10 economic experts predicted that they would finally...
by Athena Paquette | Aug 14, 2015 | Blog, Home Owners, Investors, Realtors
All the news was focused on China this week, but we did get some of our own news… China, on Tuesday, devalued their currency, the Yuan, and then did again on Wednesday. Then they saw it slide against currencies around the world on Thursday. So do we care? Well, we do,...