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Welcome to the special Real Estate Industry Bulletin for Mortgage Brokers.

Kansas City Fed: Regional Manufacturing Activity “Continued to Expand Rapidly” in May

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Kansas City Fed: Regional Manufacturing Activity “Continued to Expand Rapidly” in May

From the Kansas City Fed: Tenth District Manufacturing Activity Continued to Expand Rapidly The Federal Reserve Bank of Kansas City released the May Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity continued to expand at...
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Richmond Fed: “Fifth District Manufacturing Firms Reported Robust Growth in May”

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Richmond Fed: “Fifth District Manufacturing Firms Reported Robust Growth in May”

From the Richmond Fed: Fifth District Manufacturing Firms Reported Robust Growth in May Fifth District manufacturing firms saw robust growth in May, according to survey results from the Federal Reserve Bank of Richmond. The composite index swung from ?3 in April to 16 in May, boosted by growth in the indexes for shipments, new...
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5 Housing Trends That Are Changing The Market

5 Housing Trends That Are Changing The Market

Is 2018 a good time to buy a home, sell a home, move up, or invest in real estate — or will you be better off parking your money elsewhere, whether that means buying a house in a different location or an investment in an entirely different industry? While no one knows exactly what...
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Top Reasons To Invest In Tampa Real Estate Market In 2018

Top Reasons To Invest In Tampa Real Estate Market In 2018

Tampa FL Real Estate Tampa Real Estate is gaining popularity owing to its housing market where a number of investors have been putting in their stakes. Tampa FL Real Estate is growing steadily, prices are still low and properties have a good chance for appreciation in the coming years. 2017 was an important year...
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Schedule for Week of May 20, 2018

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Schedule for Week of May 20, 2018

The key economic reports this week are April New and Existing home sales. —– Monday, May 21st —–8:30 AM ET: Chicago Fed National Activity Index for April. This is a composite index of other data. —– Tuesday, May 22nd —–10:00 AM ET: Richmond Fed Survey of Manufacturing Activity for May. —– Wednesday, May 23rd...
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Hotels: Occupancy Rate increases Year-over-Year, On Pace for Record Year

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Hotels: Occupancy Rate increases Year-over-Year, On Pace for Record Year

From HotelNewsNow.com: STR: US hotel results for week ending 12 May The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 6-12 May 2018, according to data from STR. In comparison with the week of 7-13 May 2017, the industry recorded the following: • Occupancy: +0.8%...
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Top Reasons To Invest In Detroit Real Estate Market In 2018

Top Reasons To Invest In Detroit Real Estate Market In 2018

Detroit Real Estate Market This year, the Detroit real estate market can be seen to be flourishing since people from all across the US are considering to invest in Detroit. In addition to this, many older residents of the city are also considering a move back to their hometown because of the prospects here....
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Wednesday: Housing Starts, Industrial Production

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Wednesday: Housing Starts, Industrial Production

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Housing Starts for April. The consensus is for 1.325 million SAAR, up from 1.319 million SAAR in March. • At 9:15 AM, The Fed will release Industrial Production and Capacity...
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10 Terrible Mistakes Real Estate Investors Make

10 Terrible Mistakes Real Estate Investors Make

Once the market starts to rebound, investing in real property also becomes a more appealing idea — either as a career or a great side job. Like any other endeavor, though, there’s a right way and a wrong way to go about it. Bankrate.com spoke with established, full-time real estate investors and with professionals,...
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Sunday Night Futures

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Sunday Night Futures

Weekend:• Schedule for Week of May 13, 2018 Monday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 7, and DOW futures are up 71 (fair value). Oil prices were up over the last week with WTI futures at .65 per barrel and Brent at .07 per...
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