Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise. Go to www.tombrewerjr.com for more information.Economic Calendar for the Week of June 02 – June 06Date ET Economic Report For Estimate Actual Prior Impact Mon. June 02 10:00 ISM Index May 48.0 48.6 HIGH Wed. June 04 08:15 ADP National Employment Report May -30K 10K HIGH Wed. June 04 08:30 Productivity Q1 2.5% 2.2% Moderate Wed. June 04 10:00 ISM Services Index May 51.0 52.0 Moderate Wed. June 04 10:30 Crude Inventories 5/31 NA -8883K Moderate Thu. June 05 08:30 Jobless Claims (Initial) 5/31 370K 372K Moderate Fri. June 06 08:30 Average Work Week May 33.7 33.7 HIGH Fri. June 06 08:30 Hourly Earnings May 0.2% 0.1% HIGH Fri. June 06 08:30 Non-farm Payrolls May -52K -... 06/08/2008

Retailers Looking For Some "Stimulus"...According to a recent poll on how consumers intend to spend their stimulus checks, 19% of consumers plan on using their economic stimulus check for a special purchase, and 23% plan to use their check for everyday expenses. The rest...well, 36% say they will pay down debt and 22% say they will put it into savings. But will the check burn a hole through their pockets?Maybe so, particularly with the "stimulus check" specials that many retailers have come up with, offering bonuses and incentives for people who spend their "stimulus" dollars with them. Here are some examples, in case you want to take advantage of any offers:Sears. If you use your stimulus check to purchase a gift card, you receive an additional gift card worth 10% of your check's valu... 06/08/2008

This coming week, one economic report in particular bears inflated significance...Friday's release of the infamous monthly Jobs Report. It will reveal, among many other things, the number of jobs lost or gained during the month of May. Last month's Jobs Report indicated that 20,000 jobs were lost in April, and while this was better than the expected job losses of 75,000, it is possible that the reported number understated the actual number of jobs lost, due to how the Department of Labor averages their count. And part of each month's report is "revisions" to the several prior months' numbers...which this could be quite a wild card for Bonds and home loan rates. Go to www.tombrewerjr.com for more information.Last month's Jobs Report, which was indeed more positive than expected, caused B... 06/08/2008

"INFLATION IS AS VIOLENT AS A MUGGER, AS FRIGHTENING AS AN ARMED ROBBER, AND AS DEADLY AS A HIT MAN." ~ Ronald Reagan. And although you might not describe the effects of inflation in such strong terms yourself...rest assured that the effects of inflation have crept into your home, your gas tank and your wallet. And inflation is also the nemesis of Bonds and therefore home loan rates, because just like inflation erodes the value of the dollars you spend, inflation erodes the value of the fixed return a Bond provides. And last week, Bond pricing worsened on news of inflation, causing home loan rates to move higher by about .25% across the board and reaching the highest levels seen in weeks. Go to www.tombrewerjr.com for more information.The week was shortened by the Memorial Day holiday, ... 06/08/2008

The Week's Economic Indicator Calendar Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise. Go to www.tombrewerjr.com for more information.Economic Calendar for the Week of May 19 – May 23Date ET Economic Report For Estimate Actual Prior Impact Mon. May 19 10:00 Index of Leading Econ Ind (LEI) Apr 0.0% 0.1% Low Tue. May 20 08:30 Core Producer Price Index (PPI) Apr 0.2% 0.2% Moderate Tue. May 20 08:30 Producer Price Index (PPI) Apr 0.4% 1.1% Moderate Wed. May 21 10:30 Crude Inventories 5/17 NA 176K Moderate Wed. May 21 02:00 FOMC Minutes 4/30 HIGH Thu. May 22 08:30 Jobless Claims (Initial) 5/17 370 371K Moderate Fri. May 23 10:00 Existing Home Sales Apr 4.85M 4.93M Moderate 06/08/2008

Several reports are scheduled to hit the wires this week, with the potential to make for more good or bad days in the Bond Market. A big market mover may come Wednesday at 2:00pm ET, when Ben Bernanke and the Fed release the Minutes from their last meeting on April 30th. These minutes often give us greater insight as to what Bernanke and the Fed may be thinking about inflation and the state of the economy. Go to www.tombrewerjr.com for more information.Remember when Bond prices move higher, home loan rates move lower...and vice versa. Despite some declines in the early part of the week, Bonds were able to rally back as you can see in the chart below. I'll be watching closely to see if Bonds can remain above the layer of resistance at the 50 and 100-Day Moving Averages. 06/08/2008

DFW has seen tremendous steady growth from 2001 to 2005 and 2006 was not bad either. Housing Facts of Life are that real estates runs in cycles. So what does the current slow down mean for DFW.In an earlier house fact article we reported that D-FW was the fastest growing metroplex in the enitire country in 2007. Dallas-Fort Worth was producing about 50,000 new homes per year. Because of the credit crunch and tightening of credit standards the buyer pool has decreased. The foreclosures also take away some of the demand for new housing.NOW IS THE BEST TIME TO BUY. More homes than buyers. Supply vs. Demand. PRICES ARE GREAT.Wait until later this year or even until 2009 and builders will adjust their projections to Wall Street, builders will build fewer homes. They will adjust volume.When t... 04/02/2008

BLOG UPDATE - February 28, 2009 It is with great sadness that I inform you that Princess Haley Hart has passed. "Princess Haley went to get her wings today. She passed away quietly with her mom and dad by her side. She had a long hard battle that she just could not fight anymore. Thank you everyone for all the support and prayers throughout this difficult time and for times to come. Princess Haley will be our little Angel in Heaven looking down on us and she will be DEEPLY MISSED.   Haley Hart is a 4 yr old little girl diagnosed with a rare form of kidney cancer known as Wilms' Tumor in December 2007 and has been in the hospital ever since. This hits very close to home, as her grandfather is the assistant manager at my office, CENTURY 21 Judge Fite in Mansfield, and her mother is a dis... 03/28/2008

BIG LEAGUE DREAMS - MANSFIELD, TX BLOG UPDATE - February 28, 2009 It is with great sadness that I inform you that Princess Haley Hart has passed. "Princess Haley went to get her wings today. She passed away quietly with her mom and dad by her side. She had a long hard battle that she just could not fight anymore. Thank you everyone for all the support and prayers throughout this difficult time and for times to come. Princess Haley will be our little Angel in Heaven looking down on us and she will be DEEPLY MISSED. Beginning at 4:15, there will be a powder-puff football game to benefit little Haley Hart, the 4 yr old diagnosed with a rare form of kidney cancer known as Wilms' Tumor in December 2007.  This hits very close to home, as her grandfather is the assistant manager at my office, ... 03/04/2008

The planets are aligning for Mansfield, Texas and what may become the hottest real estate building boom of 2007.Mansfield was voted as one of the top 100 places to live in the United States! Mansfield, TX was also voted as the 54th fastest growing suburbs in the U.S.Learn more about Mansfield on my website and search the MLS. 08/12/2007