I hope that you all have a great weekend.  Busy here taking listings and trying to find my buyers those great deals out there.  Inventory is going down and prices are going up!  Time to get our clients into a home. See www.myslohomefinder.com for all your Central Coast San Luis Obispo County home search needs. The past week and week ahead: International Trade           The U.S. trade balance in December unexpectedly narrowed sharply. The shrinkage was broad based and reflected in part a reversal of the iPhone impact in November plus other factors. The trade deficit shrank to $38.5 billion from $48.6 billion in November. Market expectations were for a trade gap of $46.0 billion. Exports jumped 2.1 percent, following a 1.0 percent rebound in November. Imports declined 2.7 percent after re... 02/09/2013

Well the Super Bowl is over and the lights out in the middle of the game makes you wonder how bad the infrastructure of the country really is?  Also while driving down a road in Paso Robles California I saw a car hit a pot hole that ruined his front tire.  What's up with that!  Where is all the gas tax going? See my web site at www.myslohomefinder.com for all your San Luis Obispo home search needs. The Week Ahead: Very little Data           Big swings are the norm for Factory Orders data which swung 1.8 percent higher in December following a downwardly revised November which now shows a 0.3 percent decline.   Tuesday: ISM Non-Mfg Index, prior 56.1 consensus 55.1 Wednesday: No substantial Data Thursday: Jobless Claims, prior 368K consensus360K Friday: International Trade Bal., prior -48.... 02/04/2013

I hope all has a great weekend.  Here is the mortgage rate update for today.  This update is brought to us by Prudential California Realty in San Luis Obispo California.  Check out my web site www.myslohomefinder.com for all your home search needs! The Week Ahead: Will be busy with plenty of economic data   Manufacturing may be regaining momentum. While civilian aircraft added huge lift to December Durables Good Orders, gains were broad based. New factory orders for durables in December jumped a monthly 4.6 percent, following a boost of 0.7 percent in November. The median market forecast was for a 1.6 percent increase. The transportation component spiked 11.9 percent after a 0.5 percent dip in November. Excluding transportation, durables orders increased 1.3 percent, following a rise of... 01/28/2013

Good morning to all!  We still have interest rates that are so low!  I am seeing demand really picking up and several offers on properties here.  Short sales and foreclosure numbers are dropping like a rock.  And the ones we do have they are getting several offers, up to 7 in one case, and the buyers have to be aggressive!  It really makes you wonder if we are going to see more inflation in the future.   The Day Ahead: No Real Economic Data, Bond Markets Search for Guidance   Dow is trading at 13,329-54.72, the 10 yr bond is at 1.87 from 1.90 Yesterday, . Currently mortgages areslightly better from Yesterday   Conv. - 3.375% FHA. -  3.25%             Buy real estate now!  Prices are going up!!!   01/08/2013

Happy Thanksgiving to all!  Here is the mortgage rate update for 11/21/2012.  This update is brought to us by Bob Franklin at Wells Fargo Home Mortgage in Pismo Beach California. See my web site for your home search needs www.myslohomefinder.com The Day Ahead: Last of the Week's Economic Data   Impact from Hurricane Sandy is extreme for weekly Jobless Claims which have become impossible to read as a gauge for underlying employment. Initial claims fell back 41,000 in the November 17 week to 410,000 with the prior week revised yet higher to 451,000. Market News International reports that the Labor Department has no handle on the magnitude or the duration of the storm effect. The Labor Department is warning that there may be excess claims due to the storm. We will want to be sure that the ... 11/21/2012

Here is the mortgage rate update for the weekend 9/23/12. It is brought to us by Bob Franklin at Wells Fargo Home Mortgage in Pismo Beach California. Go to my web site at www.myslohomefinder.com for all your home search needs! The Day Ahead: No date today Atlanta Federal Reserve Bank Pres. Dennis Lockhart speaks to the Atlanta Institute of Internal Auditors on "U.S. Economic Outlook and Monetary Policy." He will answer questions from the audience. Dow is trading at 13,635 +39.03, the 10 yr bond is at 1.78 % from 1.74% Yesterday, . Currently mortgages slightly better from Yesterday Conv. - 3.25%FHA. - 3.0% Make it a Great Weekend!! Bob Franklin Mortgage ConsultantNMLSR ID 248760 Wells Fargo Home Mortgage | 575 Price St Suite 105 | Pismo Beach, CA 93449MAC E2396-011Tel (805) 550-3395 | To... 09/23/2012

One way out of the inventory problems is to build more housing!  Here is an excellent article from Bloomberg talking about that very subject.   Building Permits in U.S. Rose in July to Four-Year High: Economy By Shobhana Chandra and Michelle Jamrisko - Aug 16, 2012 9:10 AM PT   American builders took out more residential construction permits in July than at any time in the past four years, a sign the market will continue to improve. Applications, a proxy for future work, rose to an 812,000 annual rate, exceeding the highest estimate of economists surveyed by Bloomberg and the most since August 2008, Commerce Department figures showed today in Washington. Housing startsfell 1.1 percent to a 746,000 rate from June’s 754,000, which was the strongest pace in more than three years.   Enlarg... 08/16/2012