Aug 7, 2009

Less Than Expected

Now that the experts are agreeing that the real estate market has bottomed out, the new game is to predict when and how quickly it will rise.

Today, we've got lots of good news

- all less than expected.
Less than expected jobs lost in July
(247,000 lost ~ 320,000 predicted)
Less than expected unemployment rate
(unemployment went from 9.5% to 9.4% ~ 9.6% was predicted)
Bond yields surges, hitting a 2-month high

(more than expected)
Mortgage Rates are up a little


[where: 75230]

1 comment:

texaswatch said...

In a big state, like Texas, the economic crisis, especially in real-estate, feels even more than in other states.