The key report tomorrow will be the Case-Shiller house price index for April. Of course most of the focus will be on Europe and the summit meeting later this week. On Europe, the Financial Times reports: EU could rewrite eurozone budgets The European Union would gain far-reaching powers to rewrite national budgets for eurozone...
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• At 9:00 AM ET, Ceridian-UCLA Pulse of Commerce Index will be released. This is the diesel fuel index for May (a measure of transportation). • At 10:00 AM AM, the ISM non-manufacturing (service) index will be released. The consensus is for the index to be unchanged at 53.5. • Also at 10:00 AM...
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The June contest starts on Friday with four questions (see below). For the economic question contest in May, the leaders were (Congratulations all!): 1) Bill Dawers 2) Bill (Calculated Risk) 3) (2 way tie) Liye Ma 3) Jon Fader 5) (3 way tie) David Fiene 5) Joey Cordero 5) Andrew Marrinson Friday will be...
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There are two minor economic indicators scheduled for release tomorrow. • The Producer Price Index for April at 8:30 AM ET. The consensus is for no change in producer prices (0.2% increase in core). • And at 9:55 AM, the Reuter’s/University of Michigan’s Consumer sentiment index is scheduled (preliminary for May). The consensus is...
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There are two minor economic indicators scheduled for release tomorrow. • The Mortgage Bankers Association (MBA) will release the mortgage aplications index. • At 10:00 AM, Monthly Wholesale Trade: Sales and Inventories for March will be released. Last Friday I discussed the significant decline in government jobs over the last few years, and posted...
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Owner Financing: Seven Reasons to Use a Servicing Company for Your Contracts Many investors who carry their own paper on real estate contracts like to receive the payments themselves. It’s OK to do this if you know all the rules and laws about servicing contracts. But, there are things to watch out for, and...
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Estimating Rehab Project Costs Right The First Time Renovation House Project If you are going after a home rehab project for the first time or even if you have a few rehabs tucked under your tool belt, I am sure that my thoughts and advice will be beneficial to you. This is all...
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How a Real Estate Short Sale Really Works A real estate short sale situation may be right when a homeowner is in foreclosure and the loan amount is close to the value of the home. The seller cannot sell the house with an agent because the fees involved exceed any moneys received from the...
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Some Frequently Asked Questions About Planning A Rehab Treatment For Drug Addiction Drug addiction is a serious issue in most parts of the US; however, there are several treatment options for those who wish to find a solution to their problem. Families are intervening admirably to get addicted persons into suitable treatment modes, out...
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Is House Flipping Good or Bad? What is house flipping? In real estate investment, it means buying a usually dilapidated house, remodeling it, and then selling for profit. House flipping was an innovation used by Armando Montelongo of San Antonio, Texas. In five years that he engaged in this business, he was able to...
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