May 18th, 2014 1:36 PM by Eric Fang
First, I think we need to take a few minutes for the updates:
1)House build permits increased last month. But it's mainly for the apartment. The industry expect the renters will increase(or expansion)
2)Home value appreciation slowing down. And it will beslowing further(make sense when there are not manyinvestors, and not much more jobs created).
3)Interest rates hit this year's low.
4)Though the ARM rate is a little bit higher, lenders stilldoes not allow to refinance to a higher rate. Some borrowersare stuck with the current ARM rate. The good news is thatit did not go much higher.
On personal news side, more friends and/or clients are interestedin slow running. It's a very effective way of maintaining good health and lose weight. My weight reached a new lowof 167.2lbs last week. It was only 7 lbs more than my collegelevel.
My running is getting better to a next level, and I will expectto break all my 10k, half marathon, marathon records this year.And I am working on the training for San Francisco half marathon this July 27th.