A few spots are left for tonight’s event if anyone is interested. Link below.
A simple man believes anything, but a prudent man gives thought to his steps. Proverbs 14:15 <><
New home sales increased to a three-month annualized high of 923,000 in January.
At the same time, the pace remains below the recent high of 979,000 annualized set six months ago in July.
Note that in 2014, when mortgage rates rose by about 1%, permits never declined significantly YoY. But new home sales did.
A simple man believes anything, but a prudent man gives thought to his steps. Proverbs 14:15 <><
KEY POINTS
- Fed Chairman Jerome Powell characterized inflation as “soft” for the most part and said the employment picture still needs help.
- The pandemic has “left a significant imprint on inflation” and it price pressures are not a threat now, he told the Senate Banking Committee.
A simple man believes anything, but a prudent man gives thought to his steps. Proverbs 14:15 <><
Hello Cardinal Residents -
Wonder what the housing market is doing right now? Here's a link your exact zip code - 27410! As of noon today, there are only 24 houses for sale in your area. The market is hot & houses are selling very quickly if the location and price are right.
https://myre.io/0oTgVAzHYtam
Jolly Realtor :: happy and cheerful ; encourage others... through the home buying, selling, and Investment process!
Had fun watching the scrimmage last night with friends and family.
A simple man believes anything, but a prudent man gives thought to his steps. Proverbs 14:15 <><
Summary
High frequency indicators can give us a nearly up-to-the-moment view of the economy.
The metrics are divided into long leading, short leading, and coincident indicators.
The production side of the economy, and in particular commodities, remains very strong.
Temporary jobs bode well for further gains in employment.
The economy is poised for strong growth once enough people are vaccinated.
A simple man believes anything, but a prudent man gives thought to his steps. Proverbs 14:15 <><
White House:
* Biden administration announces extension of COVID-19 forbearance and foreclosure protections for homeowners.
* U.S. extends foreclosure moratorium for homeowners through June 30, 2021.
* U.S. extends mortgage payment forbearance enrollment window until June 30, 2021 for borrowers who wish to request forbearance.
A simple man believes anything, but a prudent man gives thought to his steps. Proverbs 14:15 <><
White House:
Biden administration announces extension of COVID-19 forbearance and foreclosure protections for homeowners.
U.S. extends foreclosure moratorium for homeowners through June 30, 2021.
U.S. extends mortgage payment forbearance enrollment window until June 30, 2021 for borrowers who wish to request forbearance.
A simple man believes anything, but a prudent man gives thought to his steps. Proverbs 14:15 <><
Are you looking to buy a new home or sell your current one? We're hosting a FREE Home Ownership Seminar just down the road at Cellar 23 on Saturday February 20 from 11:30-12:30. Registration is required & a light lunch will be provided. Covid-19 Safety protocols will be in place.
We will have lender RJ Meyerhoffer and Home Inspector Scott Dampier to present valuable information about owning a home.
To Register:
Contact Angela Moran 336-446-9485 or angela.moran@exprealty.com
Jolly Realtor :: happy and cheerful ; encourage others... through the home buying, selling, and Investment process!
Hi Everyone,
There is a retention pond behind my house whose drain appears clogged, and the water level has been extending roughly 15' into my yard and is now crossing my fence. The city indicated that it's up to the HOA to maintain the pond, but I don't know whom to contact.
My house is on Turnberry Lane. Houses across the pond are on Dawn Ridge Ct, so maybe they have an HOA that is responsible.
Any suggestions welcome!
Thanks,
Scott Davis