June 14, 2007 by admin
Mortgage brokers, are you currently in a slumping market? Is Kansas city a possibilty for you? According to a new report, you may want to expand into this area. Heres the details:
- The Kansas City real estate market is divided by the Kansas-Missouri state line, but it functions as a single housing market.
- The market seems to be recovering from a bottom it hit in January.
- Sales have risen for the past four months. And sales of existing homes were up 1% in April compared with April last year, though the average price fell about 1%.
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For newly built homes, sales were down 18% in April compared with April 2006, but the average price rose nearly 7% to $282,990.
Though things are clearly not humming along like the “fine tuned machine” we wish theousing market was, there are some signs of a turnaround. Some parts of the nation are improving quicker then others, perhaps that’s where you should be doing business. check out our mortgage broker bond, and mortgage banker bond pages. here you will find information on how to get licensed in new states.
Category: General Surety Information, Mortgage Banker, Mortgage Broker Surety BondComments (0)
by admin
Mostly Propelled by a manufacturing rebound, as well as consumers who are eager to shop and sightsee despite high gas prices, the economy is humming a long; this according to the Fed.
According to report released yesterday, “Factory production was up in a majority of districts, an improvement from the previous survey that found manufacturing was slow in most Fed districts.”
“Consumer spending and retail sales across the country generally were up, too, with luxury goods selling better than lower-end merchandise in some areas. Travel and tourism remained healthy but there was little change in auto sales.”
Economists predict the Fed will again hold a key interest rate at 5.25%, where it has stood for a year.
Category: General Surety Information, UncategorizedComments (0)
by admin
In the coming weeks a couple of new features ill be appearing on the Bryant Surety Bonds web site. As of today, we are on track to implement a new system for recieving application. It is our hope that this will make the process both easier for the applicant, as well as faster; in fact many lines of business will be able to receive an instant quote.
Slightly further down the road, we are excited to offer a comprehensive resource for several lines of business. We’ll post more on this as we near completion of this resource.
Category: Operating AnnouncementComments (0)
