Mike Dutra Mortgage Blog

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Mortgage and Lending - Shamrock Financial Corporation
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Keeping you updated on the market! For the week of September 16, 2013                                               MARKET RECAP                                                        Are We Still Trending in the Right Direction? The answer to the above question depends on what trend is being ref...
09/18/2013
  Keeping you updated on the market! For the week of November 5, 2012 MARKET RECAP “Dog bites man” has been a leading theme as we head toward 2013. By that, we mean we continually report on improving home prices; to the point where home prices are almost no longer longer news. We say “almost,” b...
11/03/2012
    Keeping you updated on the market! For the week of October 8, 2012 MARKET RECAP At the beginning of the year, we were in the minority: we thought 2012 would see improving home prices in more metropolitan markets across the country. We've been surprised on the price front, and delightfully so,...
10/07/2012
    Keeping you updated on the market! For the week of October 1, 2012 MARKET RECAP The problem with home-price data issued by S&P/Case-Shiller and the Federal Housing Finance Agency (FHFA) is that it's two-months in arrears. In today's age of instantaneous everything, two months can seem like an...
09/30/2012
    Keeping you updated on the market! For the week of September 17, 2012 MARKET RECAP Last week, we broached the possibility that the residential rental real estate market could be forming a bubble. We found it interesting, even if it were only coincidental, that the the Wall Street Journal ran ...
09/15/2012
    Keeping you updated on the market! For the week of September 3, 2012 MARKET RECAP There is an old investing bromide that goes “the trend is your friend,” which means a directional market can lead to riches. The trend in home prices is surely our friend. Indeed, the S&P/Case-Shiller home price...
09/01/2012
    Keeping you updated on the market! For the week of August 27, 2012     MARKET RECAP Existing home sales gained traction in July, moving up 2.3 percent to 4.47 million units annualized, to partially reverse a 5.4-percent decline in June. The monthly existing home sales trend has been choppy fo...
08/26/2012
    Keeping you updated on the market! For the week of July 30, 2012     MARKET RECAP Is it still meaningful to report on the upward trend in home prices? We have to answer “yes,” because there's still a lot of time to make up, considering all the negative reporting that occurred over the past fo...
07/30/2012
    Keeping you updated on the market! For the week of July 23, 2012     MARKET RECAP Are the home builders foreshadowing the future of the housing market? We sure hope so, because builder sentiment suggests better days ahead. We say that because the home builder sentiment index surged a whopping...
07/22/2012
    Keeping you updated on the market! For the week of July 2, 2012     MARKET RECAP It's getting easier to understand why home builder sentiment keeps rising monthly: sales and prices are now in an established uptrend. Indeed, new home sales recorded a very solid 7.6 percent increase in May, pos...
07/01/2012
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