The Weekly Wrap Up - Kicking off the holiday season at the Nemours Mansion..

The number of economists predicting a Fed policy rate increase in December continues to rise. Markets are starting to prepare now, contributing to higher rates.

Although jobless claims recorded their largest increase in 8 months, they remain below 300,000. The overall sentiment is a healthy labor market, bad for rates.

Increased manufacturing productivity reported for the 3rd quarter signals economic improvement. A strong economy increases the likelihood of higher rates.

 Nemours Mansion & Gardens Holiday Tours

Kicking off this Saturday November 7th - Sunday January 3rd.
Every Tuesday-Saturday 9:30 am, 12:00 pm, and 3:00 pm
Every Sunday - 12:00 pm and 3:00 pm

The holiday tours at Alfred I. DuPont's former mansion are starting this weekend.  Enjoy the magic and elegance of the Nemours Mansion.  The beautiful Christmas trees with ornaments from the early 1900s to present day will inspire you this holiday season.  The tours are 2-3 hours long, showing you the mansion and the gardens.  This is a huge attraction to residents in Delaware, Pennsylvania, and New Jersey.  Read more about the tours and the mansion by clicking here...

At 9.3% of the market, distressed sales (including REO and short sales) continue to drop. If current trends continue, they will reach 2% of the market by mid-2018.

Home prices nationwide rose by 6.4% in September. CoreLogic's HPI forecast projects home prices will rise 4.7% year-over-year from Sept. 2015 to Sept. 2016.

Construction spending for single-family homes rose 1.3% in September. Private residential construction spending rose to the highest level since January 2008.