You’ve probably heard that the USPS is at it again. Rates for postage are increasing this month. On May 12th, expect to pay .42 cents per stamp. This is only a 1 cent increase and we all understand the cost of doing business. Smart marketers will also realize this is a golden opportunity to continue […]
The Federal Reserve made a surprise 0.750% rate cut this morning.
Mortgage rates are falling in response, but not because of what the Fed did as much as what the Fed implied by doing it.
The chart above dated from last week and illustrates what traders thought the Fed would do to the Fed […]
With tomorrow morning’s New Home Sales report, markets will get a look at the number of newly-constructed homes sold in July.
The figure is expected to be in the 825,000 range. This is lower than June’s 834,000 figure.
But — as always — there is more to the story.
When the Census Bureau reports on New […]
This is just a quick reminder to ignore national news stories about real estate. It may sound like strange advice, but real estate is a highly local phenomenon.
The “national scene” is comprised of data from:
50 states, with
More than 30,000 incorporated cities, and with
An innumerable number of neighborhoods
It also combines data from:
Single family residences
2-4 […]
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