Weekly Market Update 06/07/14 by Jennifer Hernandez

June 27th, 2014

 

 Happy Friday! 

 As a lot of you probably know, Jen is out taking a much-needed vacation with her family! She's having SO much fun, so she wanted to remind you to take a vacation! Have some fun with your friends and family. Sometimes, it's all you need to feel refreshed and ready to take on the world!

Favorite Link of the Week:

Houston was named one of the fastest-growing big cities in the country! Click here to watch the Bloomberg video! 

Enjoy the weekend! 

                                                           ~The Hernandez Team

Weekly Market Update by Jen Hernandez - 06/20

 Happy Friday! 

 This week I viewed a real estate blog commentary (video) that you may be interested in. It has to do with 'Zillow' and how it is weaving its way into our markets, and could find a way to replace the need for many realtors. See what you think?  

Check it out here! 

In the markets this week:

As expected, the FOMC meetings this week discussed the continued tapering of bond purchases.   Rates have ended the week on a positive note, meaning flat to lower rates, despite lots of market volatility.

It's still a great time to purchase a home!

Enjoy the weekend! 

Stay connected!

We have re-vamped our Facebook and Twitter pages, and I'm updating my blog with some helpful tidbits! Come check it out!

Weekly Market Update by Jennifer Hernandez- June 13th, 2014

June 13th, 2014

Happy Friday!  "You have a clean slate every day you wake up. You have a chance every single morning to make that change and be the person you want to be. You just have to decide to do it. Decide today's the day. Say it; This is going to be my day."   ~Brendon Burchard   In the markets this week:  New home sales were down in May, which erased the good news of an April 5% increase. Eurozone employment data continues to be a concern, and as a result rates continue to creep up again this week, and economists are predicting we will stay on this trend for the remainder of 2014.   But who knows what this Friday the 13th (and a full moon to boot) will have in store for us! Enjoy the weekend!! ~Jen

Happy Friday!

This week I attended a CRS Luncheon, and heard a developer speak about GENERATION PARK - the next biggest thing in our community since Exxon. Check it out! Over the next decade, it will bring 10,000 homes to our economy. Woo hoo! www.generationpark.com

IN THE MARKETS 

Regardless of what the national news says (6.3 million homes still underwater, nationwide), business in Houston is booming. Exxon, Generation Park (see above), expansion of the medical center to Katy, the boom of the Energy Corridor. I am just not seeing it!

And rates on the horizon? Economists think we may have 1-2 years left of these all time low rates. Only time will tell, but the time to buy is NOW...before home price appreciation is on the rise!    

FAVORITE WEBINAR 

Check out this handy webinar to find out how to build and develop your favorite business relationships.

Cultivating your "Top 50 Favorite People List" 

 Have a great weekend!
~Jen

Hello friends! Lola, the 1 year old boxer, showed up on our doorstep on Thursday. Fernando (my husband) had 'kind of' asked me if we should adopt a dog he saw on Craig's List,  and I guess he interpreted my pondering questions as a yes.  Lola is very sweet, and I can already tell the boys are LOVING their new little buddy. Guess I'm not the only queen of the house anymore. FOUR clients needing a rescue showed up at our doorstep last week.  That is our weekly record. All for different reasons, but in my opinion it is disappointing, really, that we have to rescue at all. Our first step is usually to  advise if the client can stay where they are and weather out the storm. That is always the fastest option. Sometimes, in case of a prior denial or oversight, we need to start over all together. Our promise to you is that we will advise QUICKLY, and once we get the clients full info and docs, help set a new time line to present to all parties, if necessary. One example you can see this week in the video down below 'A Deal We Saved'. IN THE TREASURY MARKETS Midweek the 10 year note fell to the lowest level in a year. This has caused concern to the markets to 'balance' portfolios with more treasuries so as not to leave investments as exposed in this volatile market. The Ukranian/Russian dilemma is still concern for markets, regardless of what is going on at home. We still do not know what Russia's response will be over the election last Sunday of a new President. So rates have been good. However, with more treasury friendly news (the GDP revision to a lower than expected) number this week, lenders were hesitant to lower rates further, holding back for expected future volatility, and holding on to some gains. FAVORITE ARTICLES OF THE WEEK Tiger Woods Golf Course to be 1 hour from Houston!   Embrace Change or Become Stagnant!  Enjoy the weekend! ~Jen

Stay connected!

We have re-vamped our Facebook and Twitter pages! Check us out and catch fun little tidbits!