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QUOTE OF
THE WEEK... "Success is a
journey, not a destination."--Ben Sweetland, American author and
psychologist
INFO THAT HITS US WHERE WE LIVE... As we successfully journey through the housing market, we continue to observe encouraging signposts. For example, the Fed's latest Beige Book reports that lending, home sales, and home prices were up in most of the 12 Federal Reserve Districts across the country. This was put to expanded economic activity across many business sectors in the majority of U.S. regions. A property economist at a major economic research consultancy agreed: "...with affordability set to remain favorable and the wider economy growing strongly, mortgage volumes and home sales should strengthen from here."
CoreLogic's Home Price Index showed U.S. home prices 5.7% higher in January than a year ago. That makes 35 months in a row of year-over-year home price gains. Their CEO commented: "We continue to see a strong and progressive uptick in home prices as we enter 2015. We project home prices will continue to rise throughout the year and into 2016." The chief economist at a national listing site feels these price gains "encourage more sellers to put their homes on the market." This "higher level of inventory along with growing demand should result in more contracts...in February, leading to more closings in March."
BUSINESS TIP OF THE WEEK... It's been said the key to success is being of service to others. The more people you help, the more wealth, health, security, and happiness you will have. What you give is what you get.
INFO THAT HITS US WHERE WE LIVE... As we successfully journey through the housing market, we continue to observe encouraging signposts. For example, the Fed's latest Beige Book reports that lending, home sales, and home prices were up in most of the 12 Federal Reserve Districts across the country. This was put to expanded economic activity across many business sectors in the majority of U.S. regions. A property economist at a major economic research consultancy agreed: "...with affordability set to remain favorable and the wider economy growing strongly, mortgage volumes and home sales should strengthen from here."
CoreLogic's Home Price Index showed U.S. home prices 5.7% higher in January than a year ago. That makes 35 months in a row of year-over-year home price gains. Their CEO commented: "We continue to see a strong and progressive uptick in home prices as we enter 2015. We project home prices will continue to rise throughout the year and into 2016." The chief economist at a national listing site feels these price gains "encourage more sellers to put their homes on the market." This "higher level of inventory along with growing demand should result in more contracts...in February, leading to more closings in March."
BUSINESS TIP OF THE WEEK... It's been said the key to success is being of service to others. The more people you help, the more wealth, health, security, and happiness you will have. What you give is what you get.
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