| The KUIK Closing Market Report for Friday, May 26: | |||||||
| Markets were flat. | |||||||
| Index | Direction | Change | Units | Index | Time | Change | |
| Dow | Down | (3) | points | 21,080 | 1:42 PM | ||
| S&P500 | Up | 0.0% | percent | 2,416 | 0.75 | ||
| Nasdaq Composite | Up | 0.1% | percent | 6,210 | 4.94 | ||
| 30 Year Treasury | Unchanged | – | basis points | 2.92 | Annual Yield | ||
| Foreclosures keep falling, but housing won’t be back to normal for at least another year according to data from Black Knight Financial Services. In April, there were 433,000 homes in the foreclosure inventory where a lender has started, but not yet completed, the process. That’s a ten-year low and 27% lower compared to a year ago. In comparson, from 2000 to 2004, the foreclosure inventory averaged 272,283 homes. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/foreclosures-keep-falling-but-housing-wont-be-back-to-normal-for-at-least-another-year-2017-05-26 | |||||||
| For today’s Closing Market Report click to listen-> | |||||||