As we celebrate the unofficial start of summer this weekend, I hope we’ll also take time to pause in remembrance of those who sacrificed for our freedoms.
Wishing you a safe and meaningful celebration!
I wonder if in 2050 there will be a movie called, ‘Dude, Where’s My Spaceship.’The first time I see a jogger smiling, I’ll consider it.
That moment you turn down the music while driving around looking for a street address, so you can see better.
Yesterday I wore something from 5 years ago and it actually fit. So proud of myself. It was a hat, but still, let’s be positive here.
Does refusing to go to the gym count as resistance training?
I try to contain my craziness, but the lid keeps popping off.
Now The Market Report . . .
Last month’s Fed meeting minutes show officials are in no hurry to move interest rates up or down, though investors are looking for a rate cut by year’s end.
Recent escalation in the trade war with China has helped keep rates low and could cause more slowdown in the global economy, also helpful for low rates.
Consumers seem bullish on the economy, as sentiment reached a 15-year high. However, the reading was taken before recent trade tensions with China.
Existing home sales fell in April, likely due to high prices and tight supply at the low end of the market. Recent rate drops should counter high prices moving forward.
New single-family home size increased roughly 8% at the start of 2019, now an average of 2,551 square feet. Median home size also increased 11% to 2,335.
More baby boomers are choosing to age in place, contributing to low inventory across the country. Almost 52% of boomers say they’ll never move.
“There’s nothing I know for sure because I know for sure that things change.”
Ellen DeGeneres
This week’s potential market moving reports are:
Monday, May 27th: Memorial Day – All Markets Closed
Tuesday, May 28th: Case-Shiller Home Price Index
Wednesday, May 29th: MBA Mortgage Applications
Thursday, May 30th: First Time Jobless Claims, Pending Home Sales
Friday, May 31st: Consumer Spending, Consumer Sentiment
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American Family Funding Recent Articles:
Weekly Expert Update {Market Report} – February 14, 2022
Quick takeaways: Three ways to ensure a positive experience for first-time homebuyers. Google is making privacy changes to its Chrome…