Psalm 69:1-2 - Save me, O God,for the waters have come up to my neck. I sink in the miry depths, where there is no foothold. I have come into the deep waters;the floods engulf me - As everyone knows, at a public swimming pool or beach a sign that reads LIFEGUARD ON DUTY means that someone is watching over the people at that place who might have entered an area of water beyond their abilities. All through the Bible we are told that God acts as our "lifeguard" when we get into a bad situation....

The bond market took a beating overnight. Optimism in Europe and easing tensions between North and South Korea have brought risk back in favor. Manufacturing data from Europe and China showed faster growth than expected sparking stock market rallies pulling money away from bonds. All the gains we enjoyed on Monday and yesterday were erased at the open this morning.

Busy day for data. Out first was the ADP Employment report. This release provides market watchers with a sneak...

Boy, Al Quiada operatives must be up in a frenzy over how wiki leaks has been stealing all the headlines lately...

Information, or leaked information, seems to have become the new weapon of choice by tech savy activists. I guess what happened on Monday was wiki leaks version of 9-11...

Al Quiada must be scratching their heads thinking about how they can recapture the headlines from wiki leaks...

Julian Assange (the founder of wiki leaks) is the tech version...

Mortgage backed securities rallied yesterday as stocks around the globe sold off as investors sought the relative safety of U.S. Treasuries and MBS. Continued fears of further conflict between North and South Korea and debt concerns across Europe are the cause of the “flight to safety”. MBS managed decent price gains yesterday but only 1 lender repriced for the better. Lenders are very slow to pass along price improvements but very quick to take away. To remind readers, as MBS move higher...

Why is it important to know what most LEXington people want in a house? Because one day....whatever you buy.....you'll need to sell. Odds are your buyer will be somebody who already lives here!

To begin, most of LEXington real estate falls into two price ranges. The $120-180k is pretty popular with most buyers, and the $200-250k is where most of them move up to. Those ranges are the bread and butter of our market. FYI, these price ranges remained pretty stable during all the craziness...