Mike Hendrickson's Real Estate Blog

Housing is again going to be the engine for the ecomomy!  Who would have expected that!   See this article by Bloomberg below-   Housing Accelerates in Boost to U.S. Expansion: Economy By Michelle Jamrisko - Jan 17, 2013 1:17 PM PT Sam Hodgson/Bloomberg Low borrowing costs and rising property val...

Good morning to all!  Today's mortgage rate update is presented to you by Prudential California Realty in San Luis Obispo California.  Take advantage of the low interest rates today!  Rates are starting to creep up!  Go to www.myslohomefinder.com for all your San Luis Obispo home search needs! Th...

Here is today's mortgage rate update for Thursday January 17, 2013.  It looks like housing is ready to lead the economy forward in the future.  Housing starts were up 12.1% for December and this follows the 4.3% increase in November.  In San Luis Obispo County here in California we need more mode...

The Day Ahead: Consumer Price Index, Industrial Production, Housing Market Index           Still lower energy costs in December kept the headline CPI soft. The Consumer Price Index in December was unchanged after declining 0.3 percent in November. The December figure matched market expectations ...

Here is today's mortgage rate update.  It looks like rates are creeping up and there are some new underwriting standards coming that can only make getting a loan more difficult. See my web site at www.myslohomefinder.com for all your San Luis Obispo real estate needs. The Day Ahead: Producer Pric...

Happy Monday January 14, 2013!  America is open for business again!  Actually most real estate professionals are open for business 24/7!  I got a call from a Chinese businessman this morning at 1:00 AM or the real 0 dark thirty!  He wanted to ask about a multimillion dollar apartment complex!  Am...

I have been conducting a poll of all the real estate professionals out there.  My question to them- If you are a real estate agent should you take the brokers test? And go out on your own? I  have talked to broker associates, brokers, and real estate agents to see if they felt it was worth it to ...

It looks to me like rates are creeping up!  Is inflation coming back?  If anyone is on the fence, they need to get that refi or purchase going! See my web site for all your San Luis Obispo home needs www.myslohomefinder.com   The Day Ahead: Nothing exciting           The U.S. trade balance in Nov...

Rates are slightly worse than yesterday.  I just wonder when the rates will start creeping up with inflation! Visit www.myslohomefinder.com for all your real estate search needs in San Luis Obispo County. The Day Ahead: First Economic Data of the Week,   The January 5 week is a holiday shortened ...

If you think we have a problem with unemployment, we have to look to the Eurozone countries for real monster numbers.  With youth unemployment at 56% you have to wonder what the social ramifications will be. I have a niece that lives in Belgium and she said that country is about to break up, with...