Friday Market Update: August 18th 2023

Is the U.S. Experiencing Recession Like Conditions?  Happy Friday, Brian Manning here with the weekly update! Let’s get right to it. Let’s see. So Monday this week was a relatively quiet newsday, not a lot to talk about there. Tuesday, we got retail sales, retail sales were for the month of July, they came back higher than expected up seven …

Friday Market Update: August 11th 2023

Inflation is Moving in the Right Direction! Happy Friday! Brian Manning with the weekly update. Let’s get right to it. In this week’s update we’re discussing how inflation is reporting better than we expected. This is helping mortgage rates, but how? Let’s dive into it.  I’m Brian Manning, your Senior Mortgage Advisor, & I’m here to help you better understand …

Friday Market Update: July 21st 2023

Is The Housing Recession Behind Us? Happy Friday! Brian Manning with the weekly update. Let’s get right to it. So, Monday this week, we had Redfin put out an article. This is talking about the month of June and home inventory said inventory was down 15% on a year-over-year basis. We’re feeling that in most places. And it said new …

Friday Market Update: July 14th 2023

Inflation Moves Lower & So Do Mortgage Rates! Happy Friday! Brian Manning here with the weekly update. Let’s get right to it. So, Monday this week was a relatively quiet news day, because we knew we had some big inflation data coming out. So, really all eyes were just waiting on the inflation data. Tuesday this week though, we got …

Friday Market Update: July 7th 2023

Home Values Are Still Holding Strong!  Happy Friday! Brian Manning here with the weekly update. Let’s get right to it. So… Monday this week really was a relatively quiet news day because we had the Fourth on Tuesday, so markets closed early on Monday. A lot of people took time off of work, so really not a lot to talk …

Friday Market Update: June 30th 2023

Home Values Are Still Holding Strong!  Happy Friday! Brian Manning here with the weekly update. Let’s get right to it. So… Monday, we got a lot of negative publicity about the median home sales price. I just want to talk about this because this is not home appreciation. I just want to walk through, like, what median price means, and …

Friday Market Update: June 23rd 2023

Existing Homes Sales are on the Rise!Happy Friday! Brian Manning here with the weekly update. Let’s get right to it. First of all, I have to say, I’m so stoked for summer. I love summer. You know, I’m from Florida. I’m just a flip flops and bathing suit kind of guy, and… couldn’t be happier to have some warm summer …

Friday Market Update: June 16th 2023

Inflation Moves Lower, What Will the Fed do Next?Happy Friday! Brian Manning here with your weekly update. Let’s get right to it! So, Monday this week was really relatively quiet with everyone just waiting to see what the Federal Reserve is going to do, and they concluded their meeting here on Wednesday, which we’ll talk about here in a moment. …

Friday Market Update: June 2nd 2023

Will the Fed Skip the Next Rate Hike on June 14th?Happy Friday. Brian Manning here with your weekly update. Let’s get right to it. Monday this week, relatively quiet news day. Actually, no news on Monday. It was Memorial Day. We had an amazing Bolder Boulder party that was super fun. Thanks for everyone that came out and all the …

Friday Market Update: May 19th 2023

April Existing Home Sales + Where Are Home Sales Heading? Happy Friday! Brain Manning here on this rainy spring day in Colorado. I know a lot of people poopoo therein, but man, I do love it. I think coming from South Florida is just, I do love the rain and it just makes everything so green and beautiful. So… I’m …