Lee Forbes' Blog | Lakewood Ranch Florida and Regional News

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Real Estate Broker/Owner - Lee Forbes PA, Forbes Property Group Broker in Bradenton - bk699704
Local and National topics can be found and discussed here. I always enjoy reading your comments back on my posts so please leave a few words as you pass through. Lee Forbes Bradenton Florida homes at GulfsideLand.com and LeeForbes.com
In today's housing market, we all know how important it is to get buyers and sellers back into the game. Unfortunately, the media's continued focus on negative real estate news is keeping many people solidly on the sidelines. But remember, these people aren't getting the whole story. And the fact...
Open-realty sold to Realtor.com and will be closing the Forums and distrobution of it's product. Version 2.5 will be released under Realtor.com's authority for a hefty price of $2,000.00!!!Link to proofDownload what you can today.Open-realty.org Lee ForbesGulfsideLand.com
 First the bulls scored big. Then the bears came back to claim their porridge. The week began strongly on news that JPMorgan Chase was raising its buyout bid for troubled Bear Stearns from $2 to $10 per share. The resultant market rally was further fueled by better than expected earnings from mas...
Big event for the week will come Wednesday when Fed Chairman Ben Bernanke prognosticates on the economy before Congress's Joint Economic Committee.Friday we get the March employment report. Leading up to that, we'll have Tuesday's ISM Index read on manufacturing followed by Thursday's ISM Service...
Today's real estate market is pretty competitive. Most areas have more listings and fewer buyers. While many brokers have left the business, it's the strongest players, like you, who remain. And everyone's after the same two things: motivated sellers with attractive (and attractively priced!) pro...
 Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.  Economic Calendar for the Week of Mar 17 - Mar 21 DateTime (ET)ReleaseForConsensusPriorImpactMMar 1708:30NY Empire State IndexMar-5.0-1...
  In times of turmoil, it's easy to overlook the obvious. Like the fact that NOW is the PERFECT time for first time homebuyers. To start with, the higher amount of inventory gives first time buyers more choice than they've seen in years. Next, a lower price of entry is making better neighborhoods...
Forecasting Federal Reserve policy changes in coming months. Fed funds futures are pricing an 88% chance the Fed will cut its rate 75 basis points (0.75%) at the March 18 meeting. Consensus runs even higher. Current Fed Fund Rate: 3.00%After FOMC meeting on:Consensus March 182.25%April 302.0%Aug....
Financial stocks were dragging down the S&P 500 as well, where their 6% drop for the week caused that whole index to fall 2.8%. Basically, the markets are still worried about problems in the financial sector. Any negative news gets magnified, to say the least.Conversely, positive news is virtuall...
The Consumer Price Index, a biggie inflation indicator, won't come into the mix until Friday. But we will have those closely monitored Retail Sales figures come Thursday morning. During the week, there will also be a number of retailers reporting earnings to further fill in the picture. Also Thur...

Lee Forbes

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