It seems for the moment that stability is returning to the markets: Now that Greece has verbally accepted the terms under which additional money will be lent to the country. There still remains the possibility that plan could go up in smoke as there is staunch opposition to the austerity plan by many people in Greece. For now it appears ...

Stock market analysts and news commentators always look for an explanation as to the movements of the stock market and the behavior of investors at any given time The see saw of the market this week has been tied mostly to what is happening with Greece. If you have been following the stock market this week you would think that, ...

The employment picture may not be as good as the Fed would like it to be. After many months of consistent employment growth, the June employment report released on Thursday was not as strong as anticipated. This could put more pressure on the Fed to delay raising interest rates. The International Monetary Fund has been very vocal in recent weeks ...

Santa Clarita Real Estate & Market Report: June 12, 2015 – In a relatively light week for economic data, the biggest market moving news seemed to come from international events. Greece, which has long been struggling financially and has been making plans to remove itself from the Eurozone currency, has seemed to relent on that plan for the time being. ...

Santa Clarita Real Estate & Market Report: June 5, 2015 – Application activity is sputtering based upon the Mortgage Bankers Association’s most recent application index for the week ending May 29th. It is not surprising that mortgage applications have slowed given the recent rise in mortgage rates. Applications for purchase loans declined 3.0 percent. Refinances, which are far more interest ...

Santa Clarita Real Estate & Market Report: May 29, 2015 – Housing reports dominated the market this week with the Federal Housing Finance Agency Report kicking things off. The FHFA house price index rose a lower-than-expected 0.3 percent in March. The gain for FHFA is below most analysts’ expectations however the year-on-year rate in at a moderate 5.2 percent higher. ...

Santa Clarita Real Estate & Market Report: May 22, 2015 – Spring is typically when sales for existing homes take off. The current spring market is not living up to expectations as much as we would like. Sales of existing homes are down 3.3 percent for the month of April compared to March. Three of the nation’s four regions showed ...

Santa Clarita Real Estate & Market Report: May 01, 2015 – Positive news continues to hit the housing market. All indications are that home prices are firming up and even beginning to trend significantly higher. This seems even more apparent especially in markets where there is a significant shortage of homes for sale. On Tuesday the S&P Case-Shiller Home Price ...

Santa Clarita Real Estate & Market Report: April 17, 2015 – The stock market has been trading in a very narrow range throughout the week. With virtually no major surprises in any of the economic reports, there has been little for investors to trade on. It appears that for the time being many investors are attempting to gauge the direction ...

Santa Clarita Real Estate & Market Report: April 10, 2015 – Since Monday, the stock market has been trading in a relatively narrow range.  “Narrow” is a relative term in that a swing of 100 or 150 points these days does not seem out of the ordinary. In a week of light economic data the only major announcement that could ...