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	<title>Lori Frankfort, Broker Associate and Exclusive Buyer&#039;s Representative &#187; Economic Updates</title>
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		<title>Economic Update &#8211; May 14, 2012</title>
		<link>http://www.californiaisbeautiful.com/2012/05/14/economic-update-may-14-2012/</link>
		<comments>http://www.californiaisbeautiful.com/2012/05/14/economic-update-may-14-2012/#comments</comments>
		<pubDate>Mon, 14 May 2012 18:34:15 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
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		<description><![CDATA[Economic Update, May 14, 2012 Provided courtesy of Marie Richarz, Prospect Mortgage The Reuters/University of Michigan consumer sentiment index for May&#8217;s preliminary reading rose to 77.8 from 76.4 at the end of April. It was the highest reading since January 2008. The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for ...]]></description>
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		<title>Mortgage Rates for Week of May 7, 2012</title>
		<link>http://www.californiaisbeautiful.com/2012/05/08/mortgage-rates-for-week-of-may-7-2012/</link>
		<comments>http://www.californiaisbeautiful.com/2012/05/08/mortgage-rates-for-week-of-may-7-2012/#comments</comments>
		<pubDate>Tue, 08 May 2012 18:53:23 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
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		<description><![CDATA[Mortgage Rates for the week of May 7, 2012 Provided Courtesy of Mark Cohen, Cohen Financial Group 310-777-5401  Loan Type Points Maximum Rate Payment Per $1.000* APR 30 Yr. Fixed 15 Yr. Fixed 5/1 ARM 7/1 ARM 10/1 ARM 1 1 1 1 1 $417,000 3.500% 2.750% 2.375% 2.750% 3.125% $4.49 $6.79 $3.89 $4.08 $4.28 ...]]></description>
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		<title>Economic Update &#8211; May 7, 2012</title>
		<link>http://www.californiaisbeautiful.com/2012/05/08/economic-update-may-7-2012/</link>
		<comments>http://www.californiaisbeautiful.com/2012/05/08/economic-update-may-7-2012/#comments</comments>
		<pubDate>Tue, 08 May 2012 18:21:59 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
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		<description><![CDATA[Economic Update, May 7, 2012 Provided courtesy of Marie Richarz, Prospect Mortgage The Commerce Department reported that consumer spending rose $32.3 billion or 0.3% in March, just one-third of February&#8217;s increase. Personal income in March increased $50.3 billion or 0.4%, after a 0.3% rise in February. The Institute for Supply Management reported that the monthly composite ...]]></description>
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		<title>Investors&#8217; Update: 28% of Purchases Last Month were Investors</title>
		<link>http://www.californiaisbeautiful.com/2012/05/08/investors-update-28-of-purchases-last-month-were-investors/</link>
		<comments>http://www.californiaisbeautiful.com/2012/05/08/investors-update-28-of-purchases-last-month-were-investors/#comments</comments>
		<pubDate>Tue, 08 May 2012 18:17:39 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
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		<category><![CDATA[median rents]]></category>
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		<category><![CDATA[rents increasing]]></category>
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		<guid isPermaLink="false">http://www.californiaisbeautiful.com/?p=1020</guid>
		<description><![CDATA[Notes from Leonard, Your 1031 Guy May 8, 2012  I have good news for you if you are a real estate investor; rents are going up across the nation. In Philadelphia, rents are up 15% compared to last year, Chicago saw median rents rise 8.6% in the past 12 months and Minneapolis was up 10%.  ...]]></description>
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		<title>Economic Update, April 30, 2012</title>
		<link>http://www.californiaisbeautiful.com/2012/04/30/economic-update-april-30-2012/</link>
		<comments>http://www.californiaisbeautiful.com/2012/04/30/economic-update-april-30-2012/#comments</comments>
		<pubDate>Mon, 30 Apr 2012 18:58:21 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
				<category><![CDATA[Economic Updates]]></category>

		<guid isPermaLink="false">http://www.californiaisbeautiful.com/?p=994</guid>
		<description><![CDATA[Economic Update Provided courtesy of Marie Richarz, Prospect Mortgage Pending home sales, a forward-looking indicator based on signed contracts, rose 4.1% in March, the highest level since April 2010, after an upwardly revised 0.4% increase in February. On a year-over-year basis, pending home sales in March were up 12.8%. The Commerce Department announced that gross ...]]></description>
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		<title>Economic Update, April 23, 2012</title>
		<link>http://www.californiaisbeautiful.com/2012/04/30/economic-update-april-23-2012/</link>
		<comments>http://www.californiaisbeautiful.com/2012/04/30/economic-update-april-23-2012/#comments</comments>
		<pubDate>Mon, 30 Apr 2012 18:57:12 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
				<category><![CDATA[Economic Updates]]></category>

		<guid isPermaLink="false">http://www.californiaisbeautiful.com/?p=992</guid>
		<description><![CDATA[Economic Update Provided courtesy of Marie Richarz, Prospect Mortgage Retail sales rose 0.8% to $411.1 billion in March. This follows a downwardly revised 1% increase in February. On a year-over-year basis, retail sales increased 6.5%. The National Association of Home Builders/Wells Fargo monthly housing market index fell three points in April to 25 from a ...]]></description>
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		<title>Economic Update, April 16, 2012</title>
		<link>http://www.californiaisbeautiful.com/2012/04/19/economic-update-april-16-2012/</link>
		<comments>http://www.californiaisbeautiful.com/2012/04/19/economic-update-april-16-2012/#comments</comments>
		<pubDate>Thu, 19 Apr 2012 15:23:35 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
				<category><![CDATA[Economic Updates]]></category>

		<guid isPermaLink="false">http://www.californiaisbeautiful.com/?p=975</guid>
		<description><![CDATA[Economic Update, April 16, 2012 Provided Courtesy of Marie Richarz, Prospect Mortgage Retail sales rose 0.5% for the week ending April 7, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 4.5%. Wholesalers increased their inventories 0.9% to $478.9 billion in February. Sales at the wholesale level rose 1.2% to ...]]></description>
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		<title>Economic Update, April 9, 2012</title>
		<link>http://www.californiaisbeautiful.com/2012/04/19/economic-update-april-9-2012/</link>
		<comments>http://www.californiaisbeautiful.com/2012/04/19/economic-update-april-9-2012/#comments</comments>
		<pubDate>Thu, 19 Apr 2012 15:19:58 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
				<category><![CDATA[Economic Updates]]></category>

		<guid isPermaLink="false">http://www.californiaisbeautiful.com/?p=972</guid>
		<description><![CDATA[Economic Update April 9, 2012 Provided courtesy of Marie Richarz, Prospect Mortgage The Institute for Supply Management reported that the monthly composite index of manufacturing activity rose to 53.4 in March after a reading of 52.4 in February. A reading above 50 signals expansion. It was the 32nd straight month of expansion. Total construction spending ...]]></description>
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		<title>Economic Update, April 2, 2012</title>
		<link>http://www.californiaisbeautiful.com/2012/04/05/economic-update-april-2-2012/</link>
		<comments>http://www.californiaisbeautiful.com/2012/04/05/economic-update-april-2-2012/#comments</comments>
		<pubDate>Thu, 05 Apr 2012 18:58:37 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
				<category><![CDATA[Economic Updates]]></category>
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		<guid isPermaLink="false">http://www.californiaisbeautiful.com/?p=953</guid>
		<description><![CDATA[Economic Update, April 2, 2012 Provided by Marie Richarz, Prospect Mortgage Pending home sales, a forward-looking indicator based on signed contracts, fell 0.5% in February after a 2% increase in January. On a year-over-year basis, pending home sales are up 9.2%. Retail sales fell 0.5% for the week ending March 24, according to the ICSC-Goldman ...]]></description>
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		<title>Economic Update, March 26, 2012</title>
		<link>http://www.californiaisbeautiful.com/2012/04/05/economic-update-march-26-2012/</link>
		<comments>http://www.californiaisbeautiful.com/2012/04/05/economic-update-march-26-2012/#comments</comments>
		<pubDate>Thu, 05 Apr 2012 18:56:46 +0000</pubDate>
		<dc:creator>Lori Frankfort</dc:creator>
				<category><![CDATA[Economic Updates]]></category>
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		<guid isPermaLink="false">http://www.californiaisbeautiful.com/?p=951</guid>
		<description><![CDATA[Economic Update March 26, 2012 Provided by Marie Richarz, Prospect Mortgage  The index of leading economic indicators — designed to forecast economic activity in the next three to six months — rose 0.7% in February, following a revised 0.2% increase in January. The February reading was the highest level since June 2008. Initial claims for ...]]></description>
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