Births outnumber deaths in California, and yet the U.S. Census Bureau says the population shrank again as more than 300,000 people moved out of the Golden State.
After the dismal homebuilder sentiment data earlier in the week, it is no surprise that analysts expected a drop in both housing starts and building permits for November (the latest data) and they were right.
Newsfeed: US Building Permits Collapse In November, Multi-Family Plans Plunge Read More »
The real estate market just can’t catch a break, with inventory of resale homes remaining low and rising interest rates making it harder for buyers to justify making the leap.
It appears homebuilders are really starting to wake up to what Fed Chair Powell has been preaching as NAHB sentiment tumbled to the lowest level since June 2012 excluding the onset of the Covid-19 lockdowns.
Newsfeed: Homebuilder Sentiment Slumps To Decade Lows, Longest Losing Streak On Record Read More »
In its latest monthly report, OPEC revealed it had yet again failed to produce as much oil as it agreed to produce the last time it discussed output. And it wasn’t by a few thousand barrels per day, either.
Newsfeed: The Era Of Cheap Oil Has Come To An End Read More »
How do you get better as a real estate investor? Educating yourself is important … But reading books and listening to podcasts can only get you so far. At some point, most of us need outside input.
Podcast: The Unfiltered Truth – How a Mentor or Coach Can Help You Level Up Read More »
When an abandoned high school in Homestead, Pennsylvania, was listed for sale in 2019, Jesse Wig saw an opportunity.
The Federal Reserve raised short-term interest rates Wednesday by 0.50%, bringing benchmark interest rates to the highest level since 2007 while suggesting more rate hikes are coming in 2023.
Five figures net operating income from just ONE single-family home? Our expert guest says YES … in the rapidly growing Residential Assisted Living niche.
Podcast: Cash Flow from Caring with Residential Assisted Living Homes Read More »
Wholesale prices rose more than expected in November as food prices surged, dampening hopes that inflation could be headed lower, the Labor Department reported Friday.