Market Review ►A LOOK BACK – Last week the market was surprised by the relative strength in the Retail Sales Report which shows the consumer remains somewhat active. The bad news reported on the same day was that the labor sector remains under withering downward pressure. On Friday China’s Premier Wen Jiabao said publicly [...]
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Filed under: Economy/Market
If you are anxious to purchase Katy homes be sure to have home and termite inspections. Home inspections are one of the surest ways to protect your investment; likely the most expensive investment you will make in your lifetime. Often, buyers will pose the question, “Are inspections necessary?” They certainly are! Before you purchase Katy [...]
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Filed under: Home Inspections, Termites
Market Review ►A LOOK BACK – Last week the major influence on the mortgage market was the weakness in the stock market. When the stock market is weak money managers move money to the relatively safe haven of bonds and mortgage-backed securities (lower rate of return but lower risk). The Labor Dept. reported a [...]
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Filed under: Economy/Market, Katy Family Homes
