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Last Updated:
June 08, 2011

South Carolina Real Estate

2011 Mid Year Legislative Meetings

NAR's May on the Hill event was this week. REALTORS from all across Colorado had the opportunity to meet with their U.S. Representatives and Senators to discuss the issues critical to their businesses, communities and the consumers they represent. This year we were able to secure either the Member of Congress or one of their staff for each member of our delegation. CAR would like to extend a special thank you to all the members and staff of Colorado's Congressional Delegation for taking the time to meet with us and discuss real estate issues. Click here for a recap of this week's meetings with videos and blogs from REALTORS

This week, Thursday will be an especially busy day when it comes to economic reports. Be sure to look for:

A double dose of housing news, first with Tuesday’s news about Housing Starts and Building Permits for April, followed by the Existing Home Sales Report on Thursday.

Job news with Thursday’s weekly Initial and Continuing Jobless Claims Report. Last week’s Initial Claims were 434,000, above expectations of 423,000 and solidly above the 400,000 mark. Staying below 400,000 is so important in order to put a dent in the stubbornly high unemployment rate.

Manufacturing news with Thursday’s Philadelphia Fed Index, which is considered an important indicator of the manufacturing industry.

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