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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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Top Reasons To Invest In Jacksonville Real Estate Market In 2018

Top Reasons To Invest In Jacksonville Real Estate Market In 2018

Jacksonville Real Estate Market At this moment there is an enormous development going on in the Jacksonville real estate market. Last year, the average sales in the Jacksonville housing market recorded a 10.3% increase from 2016. Average sale prices of Jacksonville properties have been rising by about 6.5% every year. This is a good increase...
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Oil Rigs: “Rig additions keep rolling along”

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Oil Rigs: “Rig additions keep rolling along”

A few comments from Steven Kopits of Princeton Energy Advisors LLC on May 11, 2018: • Total US oil rigs were up, +10 to 844 • Horizontal oil rigs, however, were only up +2 at 745…• Oil rig additions came in the neglected ‘directional’ category, but only represented the recovery off rigs taken off...
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Top 10 Reasons To Invest In Orlando Real Estate Market In 2018

Top 10 Reasons To Invest In Orlando Real Estate Market In 2018

Should You Invest In Orlando Real Estate Market? Owing to its picturesque beaches and rapidly improving quality of life, Orlando, FL is proving to be a secure real estate investment destination for not only local but also international investors. With an average rental of $1,599, the Orlando real estate market is expanding at a...
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“Mortgage Rates Back at 4-Year Highs Ahead of Inflation Data”

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“Mortgage Rates Back at 4-Year Highs Ahead of Inflation Data”

From Matthew Graham at Mortgage News Daily: Mortgage Rates Back at 4-Year Highs Ahead of Inflation Data Mortgage rates moved higher today as bond markets braced for impact from several upcoming events. … omorrow’s Consumer Price Index–a key inflation report that can have an immediate impact on the bond market. If inflation is lower...
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