Mortgage rates at 4.75% people. Beg and borrow to buy or refinance asap. Call me if you have questions or want the names of a couple great lenders.

The stock market was headed back in the right direction, a trend which has continued today as the european nations appear to be in better shape. The federal reserve also released a report that said it believes the housing recovery will be gradual but has a solid foundation and should prove to be 'durable'. While many markets in the east have been recovering and prices ticking up, the west has been slower to recover. So, it was good news to us in the west when markets such as Phoenix and San Diego saw modest price gains.

Many are worried that with the stimulus from the tax credits behind us interest in buying will wane but the fed reported that continuing low interest rates and modest pricing will continue along but at a gradual pace.

Come visit me today at the 'Party in the Park' High School Scholarship fund-raiser today at Rotary Park in Durango from4-7 pm. Bands, games, food and fun...plus I'm your MC so I'm sure to make an ass of myself...

Key financial markers continue to improve lending credence to economists veiled optimism that we are slowly, but surely, coming out of the recession. Today the Labor Department announces that job openings are at the highest level in 16 months, unemployment is down, and more people quit their jobs in april than were laid off.

Good to hear Realtytrac and MSNBC report that ebbing foreclosure rates are hinting at a plateau for this sorry state of affairs. April foreclosure filings were down 9% in April over March signaling a slight slowdown in loan failures. Good news for all.

Construction materials report higher than expected sales numbers for April bringing some early strength to trading on the Dow today. I'm showing a lot of property as well and showing numbers locally are still up. It seems there is still quite a few folks that just didn't (couldn't) get their homes on the market prior to the end of the tax credits. Dominos...they gotta sell so they can buy. At least in this market you can make up the ground lost in selling your house when you buy the next one.