Ignite FB Tracking PixelThe Markets In a Minute - Wendy Moreira

The Markets In a Minute

by Wendy Moreira 01/11/2019

For the Week Ending January 11, 2019

 


Wendy,

Please enjoy this quick update on what happened this week in the housing and financial markets.


 

  The government shutdown, in its third week, hasn't yet shown signs of affecting the economy. However, it has impacted some mortgage programs like USDA.
  After a dismal December, stocks are rebounding, helped in part by progress in U.S./China trade talks. These improvements have pressured mortgage rates.
  Although recent concerns about the economy have surfaced, the job market remains strong. Jobless claims fell more than expected last week to 216,000.

 

  The recent drop in mortgage rates has sparked a jump in applications. Mortgage applications were up 23.5% from the previous week.
  Just over 10% of agents surveyed by NAR said the shutdown was having an impact on their clients. Gov't and non-gov't employees alike have been affected.
  More first-time buyers are turning to their parents for help with down payments. A recent HUD report shows 26% of FHA borrowers got assistance from a relative.

 

 

About the Author

Author
Wendy Moreira

QUALITY OF LIFE

Quality of life is one of the reasons my husband and I moved our family to the beautiful Carson Valley in 1997 from Pebble Beach CA. That move for us was exciting, challenging and has been so very rewarding in all aspects of our lives.  

Whether you are just starting a family, retired and creating a new chapter in your lives, or a young person beginning a new career, I would love to show you around the Carson Valley and share with you all of the reasons it is such a special place to live. I would be honored to help you find your new "forever home", so that you too can wake each morning to the breathtaking vistas of the Sierra.   

My Mission

In 2003 I became a licensed real estate agent in Nevada and since that time my commitment to my clients and my career in real estate has been 110%.

Each and every day I am committed to working diligently on behalf of my clients and customers, helping them to achieve their real estate objectives and dreams whether they are selling their current home or buying their new “forever” home.  

My goal is to make every real estate transaction an exciting, trouble free experience, keeping you informed each step of the way through the buying or selling process and hopefully having a bit of fun along the way.  

I am dedicated to representing my clients in a straight-forward, honest and professional manner. To providing true comprehensive customer service, strong representation and excellent agent/client communication.

As your agent I provide in depth knowledge of the local neighborhoods, current information on the ever changing real estate market and strong negotiating skills.

Accomplishments

100% Club awards, Executive Club Awards, RE/MAX Hall of Fame Award, RE/MAX Platinum Club Award. 

Qualifications, Experience and Affiliations: 

Licensed Real Estate Salesperson, Member of the Nevada Real Estate Division since 2003. Member of Sierra Nevada Realtors and National Association of REALTORS®. SFR® Short Sale and Foreclosure Expert designation. 

Education

Attended Santa Barbara City College and graduated with an Associate of Arts degree in Administration of Justice. Prior to becoming a licensed REALTOR I worked for the Douglas County School District in Gardnerville and I am a former Police Officer with the City of Santa Barbara.