Weekly blog posts keep you up-to-date with news and views you can use. Looking at economics, trends, clues in the news, markets, financing and more … all from the perspective of a real estate investor.
US consumers, the biggest economic force in the world, are rapidly altering their spending habits and where they get groceries due to persistently high
Inflation rose in October about in line with estimates, sending a sign that price increases at least might be stabilizing, the Commerce Department reported
After plunging by the most since COVID lockdowns in September, analysts expected US pending home sales to tumble once again in October and they
Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against
Private hiring slowed sharply during November in a sign that the historically tight labor market could be losing some steam, according to a report
After tumbling for the first time since 2012 in July, Case-Shiller’s 20-City Composite Home Price index was expected to drop for the third straight month in September (the latest
The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac
Companies with deep resources are outsourcing management to apps and algorithms, putting home ownership further out of reach.
As the years pass by, equity happens … And oftentimes, lessons are best learned first-hand. So as a real estate investor, time and experience
After existing home sales tumbled, new home sales were expected to follow suit amid soaring borrowing costs and ever-higher prices (despite building inventories and
Homebuyer affordability worsened in October as higher mortgage rates pushed the monthly payment to record highs.
In the most recent quarter, investor home-buying saw the largest drop since the 2008 financial crisis—30-percent year-over-year, according to Redfin.
After existing home sales tumbled, new home sales were expected to follow suit amid soaring borrowing costs and ever-higher prices (despite building inventories and
Home flippers who pounced on recent drops in home prices now face some major hurdles — and potentially major losses.
Home sales declined for the ninth straight month in October, as higher interest rates and surging inflation kept buyers on the sidelines. Sales of
As mortgage rates have risen this year, the buyer demand for homes has fallen. That has spelled trouble for the home construction business. Homebuilder
As mentioned in a previous post, when I have looked at previous right to left, and left to right political swings, they seem to
With homebuilder sentiment collapsing, it should be no surprise that analysts expected housing starts and permits to tumble in October, and they were right
The US housing affordability crisis continues to worsen as mortgage rates skyrocket to two-decade highs while the cost of an average home is still
It appears delusion and hope can only last so long – even when one’s salary depends on it – as US homebuilder confidence crashed to
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