Clay & Kathie Kime
February 2007 - Posts
Commerce Department Reports "Continued Slowing of New Construction Homes for January 2007"
28 February 07 01:21 PM
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Clay & Kathie Kime
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The housing market continues to adjust to "market balance." The latest report on new construction sales shows a reduction of 16.6% in sales volume from the Commerce Deptartmant's revised December 2006 figures. Today's Commerce Dept.
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U.S. stocks plunge to worst 1-day drop since 2001 - DOW Closes Down 415 Points Today!
27 February 07 06:53 PM
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Clay & Kathie Kime
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By Nick Godt , MarketWatch Last Update: 5:56 PM ET Feb 27, 2007 NEW YORK (MarketWatch) -- U.S. stocks plunged to their worst one-day performance since 2001 on Tuesday, with the Dow Jones Industrial Average losing 200 points in one minute around 3 p.m.
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Consumer Confidence Up, Up, Up! - 5 Year High!
27 February 07 06:43 PM
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Clay & Kathie Kime
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The Conference Board Consumer Confidence Index Hits Five-and-a-Half Year High February 27, 2007 The Conference Board Consumer Confidence Index, which had marginally increased in January, improved in February. The Index now stands at 112.5 (1985=100),
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Housing Sales are Up!
27 February 07 06:35 PM
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Clay & Kathie Kime
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Existing-Home Sales Improve in January WASHINGTON, February 27, 2007 - Sales of existing homes rose in January, reaching the highest level in seven months, according to the National Association of Realtors®. Total existing-home sales – including
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Feb 26th - Bonds Up - Yield & Interest Rates Continue Downward Trend
26 February 07 06:52 PM
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Clay & Kathie Kime
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NEW YORK (MarketWatch) -- Treasury prices closed higher Monday, sending the yield on the benchmark 10-year note to its lowest level in seven weeks, ahead of reports expected to show signs of weakness in the U.S. economy and as traders eyed keenly the
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Leading Economic Indicators - Up Slightly for January 2007
21 February 07 01:47 PM
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Clay & Kathie Kime
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The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index increased 0.1 percent and the lagging index decreased 0.1 percent in January 2007. Click Here to Read the Full Conference Board Press Release
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Consumer Price Index (CPI) for January 2007 - Higher than Expected
21 February 07 01:17 PM
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Clay & Kathie Kime
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U.S. Department of Labor announced today (February 21st) The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in January, before seasonal adjustment. Click here to view the Bureau of Labor Statistics Report . The January level
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Changes in Daylight Saving Time (DST) Schedule for 2007
19 February 07 01:25 PM
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Clay & Kathie Kime
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This year, DST will start three weeks earlier than it has since 1987 -- on the second Sunday in March, March 11, 2 a.m. (Set Clocks Ahead 1-Hour) DST will end this year, a week later than it has since 1987 -- on the first Sunday in November, that's
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More Positive News for the Journey to Market Balance
16 February 07 09:53 AM
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Clay & Kathie Kime
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MarketWatch reports today that yields (interest rates) on both 10-Year Treasury notes ( $TNX : CBOE 10-Year Treasury Yield Index); and 30-Year Long Bonds ( $TYX : CBOE 30-Year Treasury Yield Index ) are continuing in a downward trend. MarketWatch analysts
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U.S. Treasurys close up after solid 30-year auction - Long-Term Interest Rates Tilting Downward
08 February 07 03:27 PM
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Clay & Kathie Kime
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MarketWatch Reports: NEW YORK (MarketWatch) - 30-Year Treasury prices closed higher Thursday, sending yields to 4-week lows, after a well-received auction of new 30-year bonds marked the third successful sale of Treasury instruments this week. The sales
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Housing Report Published
05 February 07 01:13 PM
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Clay & Kathie Kime
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We are pleased to announce that "Seeking Alpha's" Market Opinion and Analysis Forum on the Housing Industry today published our report on Northern Virginia Real Estate. It can be viewed by clicking here Why There's No Such Thing As a
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Interest Rate Factors for February 5th - 9th
05 February 07 12:36 PM
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Clay & Kathie Kime
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At last week's monetary policy meeting (January 30th & 31st), the Federal Open Market Committee (FOMC) again left the Fed Funds rate unchanged at 5.25%. The FED remains comfortable with their current policy stance. The Board of Governors seemed
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Northern Virginia Housing Bubble . . . Truth or Trouble!
01 February 07 12:54 PM
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Clay & Kathie Kime
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What’s going on in the Market? It seems that wherever we go, everyone asks us the same question . . . “what’s going on in the Real Estate Market?” Opinions are all too readily available, particularly in the press. One thing we
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