Market Monitor

At the date of this printing all information is dee med reliable but not guaranteed. Thi s publication is a service to our clients and frien ds. It is designed only to give general informatio n on the topics actually covered. It is not intended to rep lace tax, legal or financial advice, for which you are encouraged to seek a competent professional adv isor. Weichert Financial Services Executive Offices: 225 Littleton Road, Morris Plain s, NJ 07950. 1-800-829-CASH. An Affiliate of Weic hert, Realtors®. Licensed Mortgage Banker with Sta te Department of Banking: NJ, NY, CT,

and PA. Licensed Lender: DE, MD, VA, DC, AK, TX, and WV. An Equal Housing Lender.

W e i c h e r t F i n a n c i a l S e r v i c e s

I s s u e 1 0 , V o l u m e 4 9 / D e c 2 5 a n d D e c 3 1 , 2 0 0 9

12/29 Consumer Confidence 52.8 49.5

12/30 Chicago Purchasing Mgr 55.0 56.1

12/31 Initial Jobless Claims - -

12/31 Continuing Claims - -

12/31 NAPM – Milwaukee - 57.0

12/31 Bloomberg FCI Monthly - -

1/4 ISM Manufacturing 54.5 -

1/4 ISM Prices Paid 57.5 0.2%

1/4 Construction Spending (MoM) -0.5% 0.0%

1/5 Factory Orders 0.5% 0.6%

1/5 Pending Home Sales (MoM) -2.0% -

1/5 Pending Home Sales (YoY) - -

1/5 Total Vehicle Sales 10.98M 10.92M

1/5 Domestic Vehicle Sales 8.30M 8.36M

1/6 MBA Mortgage Applications - -

1/6 Challenger Job Cuts (YoY) - -72.3%

1/6 ADP Employment Change -63K -

1/6 ISM Non-Manufacturing 50.0 -

1/7 Initial Jobless Claims - -

1/7 Continuing Claims - -

1/8 Nonfarm Payroll 0K -11K

1/8 Unemployment Rate 10.0% 10.0%

1/8 Manufacturing Payroll -35K -41K

1/8 Avg Hourly Earnings (MoM) 0.2% 0.1%

1/8 Avg Hourly Earnings (YoY) - 2.2%

1/8 Avg Weekly Hours 33.2 33.2

1/8 Wholesale Inventories -0.5% 0.3%

1/8 Consumer Credit -$5.0B -$3.5B

1/8 U of Michigan Confidence - -

Housing Looking Stronger as ‘10 Approaches Tim McLaughlin Sales of existing U.S. homes rose more than forecast in November, to the highest level since February 2007, a sign housing is gaining strength along with the broader economy entering 2010. Purchases increased 7.4% to a 6.54 million annual rate from a revised 6.09 million pace the prior month, the National Association of Realtors said Tuesday in Washington. The median sales price declined 4.3% from the same month a year earlier, the smallest decrease since November 2007. Lower interest rates, affordable homes and a homebuyer tax credit have resuscitated a housing market that contributed to the worst economic slump since the 1930s. A sustained recovery in housing and the economy depends on a resumption of payroll growth after employers cut 7.2 million jobs in the past two years. “The tax credit had the intended impact of drawing buyers in and lowering inventory,” Lawrence Yun, chief economist at the Realtors group, said in a press conference. “An estimated 2 million buyers have taken advantage of the credit.” Secondary Marketing Takeaways: 2009 was an unprecedented year, but the market appears to feel a lot more confident than it did a year ago at this time. Certainly, there are still challenges ahead, but with low interest rates, a viable tax credit in place, and most importantly, traction and confidence growing each month in the housing sector and in the economy, it looks and feels as if there are better days ahead. From the entire Secondary Marketing team at Weichert Financial, we wish all of you a very happy and healthy holiday season, a Merry Christmas, a Happy New Year, and much joy and success as we head into the roaring ‘10’s.

Weichert Gold Services. Real Estate, Mortgage, Insurance, Title, Home Connections. We Do It All For You.

The Week Ahead -> The “Keys” - Focus heading into the new year – is Nonfarm positive?

Date Economic Release Prediction Last

12/28 Dallas Fed Manufacturing- - 0.3%

12/29 S&P Case/Shiller Index 146.8 146.5

12/29 S&P/CaseShiller Composite -7.30% -9.36%