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QUOTE OF
THE WEEK... "The key to
everything is patience. You get the chicken by hatching the egg, not by
smashing it." --Arnold H. Glasow, American humorist
INFO THAT HITS US WHERE WE LIVE... It's taken a bit of patience to see Pending Home Sales go up after months of stagnant activity. But go up it did in March. The Pending Home Sales index of contract signings shot up 3.4% for the month, its first gain in the last nine months. The National Association of Realtors (NAR) chief economist explained: "After a dismal winter, more buyers got an opportunity to look at homes last month and are beginning to make contract offers."
Looking ahead, the NAR economist was upbeat: "Sales activity is expected to steadily pick up as more inventory reaches the market, and from ongoing job creation in the economy." Some of that added inventory could be from sellers coming off the sidelines as home prices continue to recover. The Case-Shiller/S&P 500 index of home prices in 20 key metros went up 0.8% in February (seasonally-adjusted). This widely followed reading shows prices up 12.9% in the past year.
BUSINESS TIP OF THE WEEK... Experts say if you tend to get nervous before a presentation, rehearse it as much as you can. Practicing in front of a mirror builds confidence and helps you put more flow into your delivery.
INFO THAT HITS US WHERE WE LIVE... It's taken a bit of patience to see Pending Home Sales go up after months of stagnant activity. But go up it did in March. The Pending Home Sales index of contract signings shot up 3.4% for the month, its first gain in the last nine months. The National Association of Realtors (NAR) chief economist explained: "After a dismal winter, more buyers got an opportunity to look at homes last month and are beginning to make contract offers."
Looking ahead, the NAR economist was upbeat: "Sales activity is expected to steadily pick up as more inventory reaches the market, and from ongoing job creation in the economy." Some of that added inventory could be from sellers coming off the sidelines as home prices continue to recover. The Case-Shiller/S&P 500 index of home prices in 20 key metros went up 0.8% in February (seasonally-adjusted). This widely followed reading shows prices up 12.9% in the past year.
BUSINESS TIP OF THE WEEK... Experts say if you tend to get nervous before a presentation, rehearse it as much as you can. Practicing in front of a mirror builds confidence and helps you put more flow into your delivery.
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