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PV Brokers Palos Verdes Real Estate Agents Mortgage Data

10-22-10
PV Brokers
Picked Best Palos Verdes Realtors Agents Palos Verdes Residential Brokers

Picked Best Palos Verdes Realtors Agents Palos Verdes Residential Brokers

Picked Best Palos Verdes Realtors Agents Palos Verdes Residential Brokers

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Real Estate Market Comments

Mortgage bond prices ended the week higher pushing mortgage interest rates lower. We had a week of very mixed data. Industrial production data was weaker than expected which was generally bond friendly to start the week. Stronger than expected housing starts data Tuesday was not what the bond market was looking for but the reaction was muted. Significant stock weakness Wednesday helped mortgage bonds finish the day in positive territory. This was followed by lower than expected weekly jobless claims Thursday. Fortunately mortgage bonds were positive overall for the week. Rates finished the week generally about 1/4 of a discount point lower.

The Treasury auctions will be carefully watched this week. If foreign demand remains solid rates should hold steady.

LOOKING AHEAD

Economic
Indicator

Release
Date & Time

Consensus
Estimate


Analysis

Existing Home Sales

Monday, Oct. 25,
10:00 am, et

4.23m

Low importance. An indication of mortgage credit demand. Significant weakness may lead to lower rates.

Consumer Confidence

Tuesday, Oct. 26,
10:00 am, et

50

Important. An indication of consumers’ willingness to spend. Weakness may lead to lower mortgage rates.

2-year Treasury Note Auction

Tuesday, Oct. 26,
1:15 pm, et

None

Important. $35 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates.

Durable Goods Orders

Wednesday, Oct. 27,
8:30 am, et

Up 0.8%

Important. An indication of the demand for "big ticket" items. Weakness may lead to lower rates.

New Home Sales

Wednesday, Oct. 27,
10:00 am, et

300k

Important. An indication of economic strength and credit demand. Weakness may lead to lower rates.

5-year Treasury Note Auction

Wednesday, Oct. 27,
1:15 pm, et

None

Important. $35 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates.

Q3 Advanced GDP

Thursday, Oct. 28,
8:30 am, et

Up 2.4%

Very important. The aggregate measure of US economic production. Weakness may lead to lower rates.

7-year Treasury Note Auction

Thursday, Oct. 28,
1:15 pm, et

None

Important. $29 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates.

Q3 Employment Cost Index

Friday, Oct. 29,
8:30 am, et

Up 0.5%

Very important. A measure of wage inflation. Weakness may lead to lower rates.

U of Michigan Consumer Sentiment

Friday, Oct. 29,
10:00 am, et

68.5

Important. An indication of consumers’ willingness to spend. Weakness may lead to lower mortgage rates.

Employment Cost Index

The employment cost index is a quarterly report issued by the Department of Labor. The report measures the growth of wages, salaries, and benefits costs over a certain period of time. Though ECI figures are usually weeks old, the data remains the best indicator of employment price pressures considering it factors employees’ total compensation.

If wage pressures become evident, higher expectations of inflation also tend to arise. However, increasing compensation does not necessarily lead to increased inflationary pressures. Oftentimes, increased productivity enables employers to increase compensation without increasing the costs of their goods or services. Be cautious heading into this release.


Copyright 2010. All Rights Reserved. Mortgage Market Information Services, Inc. www.ratelink.com The information contained herein is believed to be accurate, however no representation or warranties are written or implied

PV Brokers Homebuying Tips

10-20-10
PV Brokers

Chosen Best Palos Verdes Real Estate Palos Verdes Realtors Agents Palos Verdes Residential Brokers Chosen Best Palos Verdes Real Estate Palos Verdes Realtors Agents Palos Verdes Residential Brokers Chosen Best Palos Verdes Real Estate Palos Verdes Realtors Agents Palos Verdes Residential Brokers

Homebuying Tips
Buying a Home With Resale Value

There are many things that should be considered when buying a home. Since most homebuyers expect to buy a bigger and better home someday in the future, resale value is an important factor in decision-making. You use the proceeds from selling one home to buy the next one. While no one can guarantee that your home will grow in value, there are steps you can take that maximize your potential gain.

"Location, Location, Location"

"Location, location, location," is a common and almost hackneyed phrase in real estate literature. Your agent may even throw it at you when you ask for advice about buying a home. However, what does "location, location, location," actually mean? Why repeat it three times? Mostly, "location" is repeated to emphasize that it is extremely important to the resale value of your home. The idea is to buy a house that will appeal to the largest number of potential future homebuyers. A careful choice of location can minimize potential negative influences on future resale value, and maximize positive influences.
Focusing on resale value requires you to make several different "location" choices. The first choice you have to make is "which community?" At the very least, you should narrow your choice down to just a few local communities.

At PV Brokers Residential Real Estate we can help you find a home that meets all these criteria. We believe that Palos Verdes Real Estate represents a great value for people with adequate time horizon.

Voted Best Residential Real Estate Broker Palos Verdes Residential Brokers

10-13-10
PV Brokers
Palos Verdes Real Estate News and Information

FOR IMMEDIATE RELEASE
Los Angeles, California, United States of America (Free-Press-Release.com) October 13, 2010 -- Voted Best Residential Real Estate Broker Palos Verdes Residential Brokers Voted Best Residential Real Estate Broker Palos Verdes Residential Brokers Voted Best Residential Real Estate Broker Palos Verdes Residential Brokers

Rancho Palos Verdes Real Estate Data

Breaking Palos Verdes News and Information

At PV Brokers Residential Real Estate , we can provide you with accurate market data as well as a highly personalized home buying experience. The chart above represents important market data for Rancho Palos Verdes. As you can see, there had been declining home sales after the May Government Tax credits expired followed by a flattening in home sales. We expect to see a rebound in home sales in the coming months as inventory has grown. New bank loan programs appear to be coming on line which may help to spurn home sales. Please give us a call at 310 684-3156 for any real estate concerns or visit our website at http://www.pvbrokers.net.


Palos Verdes Real Estate -- Web Cam

10-06-10
PV Brokers

Picked Best Palos Verdes Real Estate Realtors Palos Verdes Residential Brokers Picked Best Palos Verdes Real Estate Realtors Palos Verdes Residential Brokers Picked Best Palos Verdes Real Estate Realtors Palos Verdes Residential Brokers

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PV Brokers Palos Verdes Residential Real Estate

Palos Verdes Web Cam Is Up And Running !!

PV Brokers has established a live web cam on our website to capture the scenic views of the Palos Verdes Peninsula. You can tie into out Twitter and Facebook pages to receive updates. Updates will include the spectacular Palos Verdes sunsets,as well as, whale sightings and many other unique views of the Palos Verdes coastline. Please visit our camera website at www.pvbrokerscam.com or our main website at www.pvbrokers.net . You can always give us a call any time at (310)684-3156 for any of your Real Estate needs. We are very excited about showing our customers and friends live footage of beautiful Palos Verdes.