Plus: Serious delinquency rate is up!
It is the perfect time of year to take some time and check out your home for mold. The key is to focus on moisture. Since we are at the tail end of the rainy season, check for leaks in your roof or areas where drainage around your home might be allowing this moisture to get into your walls.
Your best mold detector is your nose, but if you can find leaks or moisture before you can smell it, you are just ahead of the game. We will talk about the most likely places to find mold but also some ways to deal with it.
We have also seen an increase in the level of serious mortgage delinquency in January. That means folks that are more than 3 months behind on their mortgage or already in foreclosure.
Personal income and personal spending both increased by the same amount last month. It looks like folks are confident to keep on spending!
Cash sales, a key indicator of investor activity, has also declined again this month.
For links to all the articles discussed in todays show, check out the show notes at http://www.therebelbroker.com
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