Existing Home Sales rose 1.8% to an annualized 5.5M transacted units, tying a nine year high. There is a lot of commission being paid out right now!
But the markets are buzzing about the possibility of the United Kingdom voting to leave the European Union. The vote happens tomorrow and right now, it looks as though the consensus will be to remain in the E.U. Were they to secede, Stocks would most likely tank and interest rates would drop even lower. Don’t hold your breath.
