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If you own a home in Fresno and you work in finance, banking, mortgage lending, or insurance, today’s Big News is worth two minutes of your time. The latest jobs report shows finance jobs down 129,000, and insurance led the losses. Insurance carriers, agencies, and the back-office teams that support them make up a big … Continued

If you own a home in Fresno and you’ve been wondering whether now is the right time to sell, this morning’s economic report adds one more reason to pay attention. Americans spent more last month, but their paychecks barely moved. The latest government report for August shows consumer spending jumped 0.9%, while personal income rose … Continued

If you own a home in Fresno and you’re wondering whether now is the right time to sell, the newest economic data sends a mixed signal — and mortgage rates are the part that hits your buyer’s wallet the hardest. Texas just published its September manufacturing survey, and it argues with itself. The headline “how’s … Continued

If you’ve been putting off listing your Fresno home because it “doesn’t feel like the right time,” new numbers back up that instinct — and they explain a lot about why buyer traffic has felt so quiet lately. The University of Michigan’s Consumer Sentiment Index, the most closely watched gauge of how confident Americans feel … Continued

If you’re thinking about selling a home in Fresno or anywhere in the Central Valley, this morning’s bond market news is worth your attention. The 10-year Treasury yield spiked to 5.11% today — a level the bond market hasn’t touched since 2007 — and that move is already pushing mortgage rates higher for the very … Continued

Fresno’s housing market runs on one number more than any other — the mortgage rate. This week that number moved in the wrong direction, and the reason is buried in a report most homeowners never see. The S&P Global flash PMI, released this morning, showed U.S. business output growing at its fastest pace since July … Continued

If you own a home in Fresno and you’re wondering whether the job market will keep holding up buyers, this morning’s factory data sent a mixed signal worth understanding before you list. The Richmond Fed’s September manufacturing survey came in at −2, down from +4 in August and well below the +5 forecasters expected. New … Continued

If you have been waiting for a better moment to sell your Fresno house, August’s economic report gave an odd answer: the broad economy cooled off, and housing was one of the few things propping it up. The Chicago Fed’s National Activity Index — one number built from 85 separate economic indicators — came in … Continued