In the News November 22, 2013

In The News…

1. Foreclosure postings down this year by 1/3. Next month 621 properties are posted, down from 863 last year or down 28%.  YTD  postings are down from 13,755 to 8824 or 36%.
2. Stock  Market hits 16,000 for the first time ever.  Economists speculate the combination of solid corporate earnings, a steadily strengthening economy and easy-money  policies from the Federal Reserve has been driving the market.  Since the start of the year the Dow is  up 22%.  If it holds onto its gains  for the year, it would notch its strongest performance since 2003.