Bob Walters
Bob Walters
continue housing jobs low market provide rates strong support
Low long-term rates and a strong jobs market will continue to provide substantial support to the housing market.
advantage locking low mortgage rally taking
Homeowners are taking advantage of the rally by locking in still historically low long-term mortgage rates.
basically bulls hoped housing interest jobs low number rates showing strong
The bulls basically hoped for a number showing housing is eroding, and they didn't get it. I'm not surprised. As long as jobs are strong -- as long as interest rates are low -- this isn't going to change.
employment gains historic lows near prices pricing rates remains stay
Affordability will keep prices in check, But for as long as rates stay near historic lows and employment remains strong, I think pricing will stay strong. We probably won't see the double-digit gains that we've seen.
approve
We had 82 applications for permits, but we were able to approve only 26 of them.
bring double economics economy-and-economics five four houses plain rise six three value
We've been on a meteoric rise for three or four years now. Houses can only double in value every five or six years for a while before plain economics bring them back in line.
coming expected home sales solid support
Solid fundamentals are expected to support home sales in coming months.
causing continue exceed fed news raising rates surprised
News from the Fed that they may continue raising short-term rates surprised the market, causing short-term rates to exceed long-term rates.
activity continue difference interest programs rate virtually
Refinance activity will continue as homeowners refinance out of adjustable rate mortgages and into fixed-rate programs now that there is virtually no difference between long- and short-term interest rates.
answer available biologists eagles help questions spot viewers viewing volunteers
Spotting scopes will be set up at each viewing site, and DWR biologists and volunteers will be available to help viewers spot eagles and to answer any questions they may have.
adult bald hanging standard
That would be your standard adult bald eagle...just kind of hanging out as they do.
boom came slow
That came out of nowhere. They went from boom to bust. Unfortunately for us, it's a slow leak.
hate housing last month people triple
I hate when people try to read too much into a monthly number. Last month did not portend that housing was going to triple and this month does not portend that housing is going to collapse.
employment interest rates remain
We may see a flattening of the increase, but not much of a drop. The fundamentals remain strong: Employment is robust, and interest rates remain low.