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Real Estate Scientist Justin Thayer's armature economist report! 09/16/2013 #realestatescientist #JustinThayer #teamthayer

Markets are bubbling! Stocks were surging, Treasuries posted modest gains in a bond market that benefited from investors' cautious tone approaching this week's Fed meeting. The FNMA 3.5% bond we watch ended the week up .09, to $98.30.

 Fannie Mae reported that consumers polled in August anticipate home prices to go up 3.4% in the next 12 months but  I predict we will see 2% in 12 but we will see little of that  until Jan. 15 . We are plaining right now a bit and the natural slow season is setting in!  


(CPI) for August is forecast to show inflation at bay. These numbers are skewed folks. You want to track inflation. Take the same candy bar in the same store every 6 months and measure the inflation rate! That is an easy number to check! It's affecting you here & now! The truth is never a good as the cooperate sponsored economic entertainment on television. I may be an armature economist but at not I providing entertainment and market manipulation through news! By the way they call it news entertainment in the business! News is only on the networks! Well the closest you will get in this lifetime! 

I have do. The Housing values will start rising again By FEB 2013. Sell larger sq ft rental homes to 1041 the equity to them. Baby Bloomers are not only a huge segment of population they will be down sizing like crazy in  the next 10 years. So more housing inventory killing your values while the majority of our population is not in need of them! The peak will be sometime after 2026 but to be safe plan on 2024-2025. Always better to catch the up swing than roil down hill!  






Economic Calendar for the Week of Sep 16 – Sep 20

 DateTime (ET)ReleaseForConsensusPriorImpact
M
Sep 16
08:30NY Empire Manufacturing IndexSep9.08.6Moderate
M
Sep 16
09:15Industrial ProductionAug0.5%0.0%Moderate
M
Sep 16
09:15Capacity UtilizationAug77.8%77.6%Moderate
Tu
Sep 17
08:30Consumer Price Index (CPI)Aug0.2%0.2%HIGH
Tu
Sep 17
08:30Core CPIAug0.2%0.2%HIGH
W
Sep 18
08:30Housing StartsAug910K896KModerate
W
Sep 18
08:30Building PermitsAug943K943KModerate
W
Sep 18
10:30Crude Inventories9/14NA–0.219MModerate
W
Sep 18
14:00FOMC Rate Decision9/180%–0.25%0%–0.25%HIGH
Th
Sep 19
08:30Initial Unemployment Claims9/14340K292KModerate
Th
Sep 19
08:30Continuing Unemployment Claims9/72.880M2.871MModerate
Th
Sep 19
10:00Existing Home SalesAug5.30M5.39MModerate
Th
Sep 19
10:00Philadelphia Fed IndexSep9.09.3HIGH
Th
Sep 19
10:00Leading Economic Indicators (LEI) IndexAug0.6%0.6%Moderate

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