Please enjoy this quick update on what happened this week in the housing and financial markets.
Consumer prices rose in September, suggesting an increase in inflation that could keep the Fed on track for raising policy rates in December.
September's retail sales numbers offer another sign of an improving economy. Retail sales rose 0.6% in September and have increased 2.9% for the year.
The Fed will also look at employment when making a decision to raise policy rates, and this week's jobless claims showed the labor market remains strong.
In a sign that the housing recovery continues, a recent index showed home builder confidence at its second highest level of the year.
In another sign of housing market strength, single-family home starts surged in September. Groundbreakings jumped 8.1% to the highest level since February.
Despite a tight supply, existing home sales rebounded in September to rise 3.2%. Median prices of existing homes were up to $234,200, a 5.6% annual increase.
This is the time to get into the market! Text 'mlenssen' to 407.603.3635 for more information about buying, selling, financing!
Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.
Author:Mathias Lenssen Phone: 386-878-9830 Dated: October 21st 2016 Views: 53 About Mathias: My work with La Rosa Realty covers residential and commercial sales while also working with Platinum...
View our latest blog posts in your RSS reader. Click here to access.
The single most popular reason that agents choose La Rosa Realty is our unique 100% Commission structure. That is absolutely no secret, La Rosa offers the most competitive commission plan in the industry regardless of the market that you are in. We did not invent the 100% commission structure, we just recreated it to include the comprehensive tools and structure that has been vacant within the industry since its inception.
Our commission plan is very simple, straight forward and are all inclusive of all the tools offered by La Rosa Realty. Plain and simple La Rosa offers the best commission structure in the entire industry, period! Welcome to Tomorrow's Real Estate Industry today. The Market is always changing and real estate agents have been forced to change the way they conduct business. Isn’t it time to find a brokerage that is doing the same?
What to do before buying a house?6 Simple Steps to Buying a House
"La Rosa Realty is hands down a rarity in the Real Estate Industry. Never have I seen such passion and strive for excellence. The Broker, Joe La Rosa, makes each and every one of his agents' success a personal goal. If you're looking for a TOP NOTCH company to either find an agent to assist with your search for that perfect home or looking for an AMAZING new environment to work in... La Rosa Realty is it!!!"