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Stock Market report

    Real Estate & Market Report: September 12, 2014

    In a week light on economic news, the markets were relatively quiet. Although there was some intraday trading that caused the stock indices to make some significant moves, here we are at the end of the week and the DOW is within 100 points of where it started the week.

    Real Estate & Market Report: September 05, 2014

    The report that everyone has been waiting for all week is the employment data released by the Department of Labor on Friday morning. This report comes on the heels ofThursday's optimistic ADP Employment Report, which estimated an increase in private payrolls at a healthy 204,000.

    However, the Department of Labor announced that only 142,000 jobs were added in the month of August. This is the lowest increase all year. Within minutes of the employment announcement the stock market futures tanked by over 60 points.

    Real Estate & Market Report: August 29, 2014

    Labor Day marks the unofficial end of summer, and as is normal, trading in the markets is extremely light.

    Even though there is some movement in the indices, it is based on incredibly light volume of trading.  It appears that unless there is a major crisis or occurrence in the world, little will happen in the markets.


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    Real Estate & Market Report: August 22, 2014

    There seems to be little standing in the way of the stock market rising these days. Through the first 4 trading days of the week the market is up 275 points.

    Despite all of the doom and gloom predictions that the markets were going to get hurt as the Fed continued to taper their stimulus program, none of that has come to be.  Additionally, mortgage rates were expected to have risen by now.

    What is interesting is that just this week mortgage rates hit the lowest point in a year according to Freddie Mac.

    Real Estate & Market Report: August 01, 2014

    It's amazing how  home values here in California keep rising, just last week we closed a loan for a client that was unable to refinance their home just a year ago because they did not have enough equity at the time.

    This saved our client a ton of money each month and now have a plan to pay their home off sooner. If I can help you, your friends or good neighbors please call and we can see how we can  help you take advantage of these currently low rates. Now on to this week2019s report!

    Real Estate & Market Report: July 21, 2014

    While the corporate profit reports being released as of late are stronger than expected, geopolitical concerns are dragging down the stock market in a big way. On Wednesday the DOW hit another record high which kept the upward momentum of the market going. However on Thursday the market did a turnaround and dropped 161 points. 

    Real Estate & Market Report: July 11, 2014

    It seems clear that we are in the summer trading season in which stock trading volume has been lighter than normal.  Combine that with the lack of market moving economic data this week, and combine it with coming off the July 4th holiday weekend, there has been little to talk about.  Even the release of the FOMC minutes on Wednesday did little to impact the markets.

    Real Estate & Market Report: July 03, 2014

    By: Fred Arnold

    It has been quite some time since we have had a week of so much positive economic news coming out in such a short period of time. From housing, to employment, to manufacturing, to construction spending...they are all improving at a rate faster than almost anyone expected. 

    Although this is only a report for one month, there definitely seems to be signs of an improving trend in many areas which bodes well for the future.

    Real Estate & Market Report: June 20, 2014

    In a week loaded with economic news and data investors seemed to be most interested in the words delivered from Janet Yellen, the Fed Chairman.  On Wednesday, the Fed completed their monthly FOMC meeting and announced that they did not expect interest rates to rise until 2015.   

    Real Estate & Market Report: June 13, 2014

    Today brings to an end the second week of a rather light economic calendar. For whatever reason the scheduling of economic data being released for the past two weeks has been rather sparse. The stock market up until Wednesdayhad been continuing its slow and steady climb toward the $17,000 mark.