New Homes Data Shows More Gains:
The Commerce Department said Thursday that builders broke ground on a seasonally adjusted annual rate of 699,000 homes in January. That’s up 1.5 percent from December and reached the highest level since December 2008. Construction began work on 508,000 single-family homes last month and December single-family homes were [...]

Consumer Sentiment Moves off of Highs:
Americans turned less optimistic about the economy in early February on worries about falling income even as their outlook on the jobs market rose to a record high, a survey released on Friday showed.

The Thomson Reuters/University of Michigan Index of Consumer Sentiment fell back [...]

Job Claims, Factory Data Suggest Recovery Picking Up Steam:
Government reports on weekly jobless claims, manufacturing activity and inflation offered fresh evidence the U.S. economic recovery is picking up steam.

New U.S. claims for unemployment benefits dropped to a 3 1/2 year low last week, a government report showed on Thursday, suggesting [...]

Housing Industry Rebound:

After half a decade of withering sales and slumping prices, there are strong and diverse signs that the single-family housing market is poised for a rebound.

In some metropolitan areas, the market has bottomed, with both sales and prices on the rise and foreclosures on the decline.

This [...]

I know, how could the end of the NBA lockout help housing in Utah? According to UtahBusiness.com each Jazz home game brings about $1 million dollars to the state. Business during a home game increases by about 20% according to one downtown business. Eager fans gather to eat, shop, and [...]

The minutes from the Federal Reserves FOMC meeting were released today. These minutes give a more in depth review and assessment of the economic climate than we got from the press release that took place right after their meeting in June. Here are a few of the key points:

The information reviewed at [...]

With yesterday being the first official day of summer it is time to pull of your grill cover and give it some love. Summer isn’t summer without the smell of hamburgers, brats, and hot dogs for the kiddos.

We’ve used our grill a few times this spring; however I was having problems with [...]

As we talked about on Monday the Federal Open Market Committee adjourned their two day meeting today and outlined their latest observations on the economy and what they are doing to keep things chugging along.
Here are a few key remarks as they relate to mortgage rates and Utah home buyers

“Information received since [...]