QUOTATION OF THE WEEK “Always live in the ugliest house on the street–then you don’t have to look at it.” –David Hockney, English artist INFO THAT HITS US WHERE WE LIVE It was a welcome shock to see May New Home Sales spike 6.7% in May, up 14.1% from a year ago, at a 689,000 […]
QUOTATION OF THE WEEK “Those are my principles, and if you don’t like them…well, I have others.” –Groucho Marx, American comedian, writer and stage, film, radio and TV star INFO THAT HITS US WHERE WE LIVE As expected by nearly everyone breathing, the Fed hiked the Funds Rate 0.25% last week, but that should cause […]
Bailey & Wood was once again named a Top Workplace in Indiana and featured in the Indianapolis Star this past weekend. “Nothing is more important than taking care of our work family and that is exactly what it is to me, a family. We work hard and together to get the job done for all […]
QUOTATION OF THE WEEK “Everything in life is somewhere else, and you get there in a car.” –E. B. White, American writer INFO THAT HITS US WHERE WE LIVE Heading north for the second month in a row, Pending Home Sales posted a 0.4% gain in March. Tight inventories in many markets kept this measure […]
QUOTATION OF THE WEEK “You can learn many things from children. How much patience you have, for instance.” –Franklin P. Jones, American journalist INFO THAT HITS US WHERE WE LIVE The first good news was that Existing Home Sales rose 1.1% in March to a 5.60 million annual rate. Yeah, they were down a tick […]
Fannie Mae’s latest Home Purchase Sentiment Index reports more people say now is a good time to buy–and more also say now is a good time to sell. Happy Spring!
Black Knight reports tappable equity hit $5.4 trillion in February, 10% higher than its 2005 all-time high. This is the amount a homeowner can borrow against before reaching an 80% loan-to-value ratio.
QUOTATION OF THE WEEK “A two-year-old is kind of like having a blender, but you don’t have a top for it.” –Jerry Seinfeld, American stand-up comedian, actor, writer, producer and director INFO THAT HITS US WHERE WE LIVE The spring buying season started off nicely, as Pending Home Sales reversed course and went up 3.1% […]