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Sellers have interesting requests! {Market Report} October 30th

Sellers have interesting requests! {Market Report} October 30th
November 2, 2020 abryant


 

I keep trying to make protein shakes but they come out margaritas.

Life in 2020…Struck up a conversation with a spider today. Seems nice. He’s a web designer.

Laundry: Washing – 30 mins…Drying – 60 mins…Putting away – 7 to 10 business days.

New Normal….LMFMO…Laughing My Freaking Mask Off.

 


 

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Now The Market Report . . .

The economy bounced back in the 3rd quarter with another record surge, recording gains of 33.1% and reversing much of the collapse from coronavirus lockdowns.
New orders for key U.S. made capital goods jumped 1.9% in September, exceeding expectations of a 0.5% increase and pointing to an improving economy.
Jobless claims fell once again last week, even lower than expected to 751,000. The labor market remains on a path of gradual improvement, although still far from pre-pandemic health.
 
According to CoreLogic, home prices continue to increase at a modest rate. Nationally, home prices were up 5.7% annually in August and up 4.8% from the previous month.
Pending home sales unexpectedly declined in September for the first time in 5 months, a sign elevated asking prices and lean supply are tempering the housing boom.
Sellers are requesting odd contingencies these days. One asked buyers to maintain the wardrobe of a plastic skeleton at the front door, and another included the cat with the home.
 
“May your Halloween costume be as shocking as the home inspection report that just crossed my desk.”
Anonymous

Next week’s potential market moving reports are:

 

Monday, November 2nd – ISM Manufacturing, Construction Spending
Tuesday, November 3rd – Election Day, Factory Orders
Wednesday, November 4th – ADP Employment Report
Thursday, November 5th – First Time Jobless Claims
Friday, November 6th – National Employment

As your mortgage and real estate professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends. I welcome the opportunity to serve you in any way I possibly can. Please feel free to reach me at (661)-505-4300.