There’s no shortage of news happening out there … But while we all see the headlines about things like inflation, the economy, the price of oil … What many fail to realize is that these macro-insights have real implications for those investing on main street.
A rising real wage allows workers to improve their standard of living. However, the Wall Street Journal recently reported that “… vast numbers of Americans find their cost of living is rising faster than the income they’re bringing home.”
Newsfeed: More Workers Find Their Wages Falling Even Further Behind Inflation Read More »
Since the start of the year, mortgage rates have been trending upwards — and according to many experts, this trend will likely continue through October.
Analysis of Google Trends data reveals that searches for ‘real estate market crash’ exploded 284% in the United States as of September 2022 – the highest level in Google Trends history.
Newsfeed: Searches For “Real Estate Market Crash” Highest In Internet History Read More »
The rental market of 2022 looks nothing like 2021. With 2022’s 3rd quarter almost in the books, a number of indicators suggest the once blazing-hot rental housing market is cooling off dramatically.
Newsfeed: The U.S. Rental Housing Market is Cooling Off Fast Read More »
Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
With mortgage rates soaring (now shockingly above 7% amid the fastest rise in history), it’s no surprise that analysts expected pending home sales to slide further in August (latest data) and they were right. Pending Home Sales fell 2.0% MoM (more than the 1.5% MoM decline expected) pushing the index down 22.5% YoY…
Newsfeed: US Pending Home Sales Tumbled To 11 Year Lows (Ahead Of Recent Rate Spike) Read More »
The latest real-time rent data from the property research firm CoStar Group shows apartment rents in the US are fading from record highs for the first time in almost two years, according to WSJ.
Newsfeed: Nationwide Rents Drop For First Time In Two Years Read More »
The unraveling of the bond market will continue to batter stocks over the coming months, according to a Friday note from Bank of America. Bonds are experiencing their worst decline since 1949 as interest rates soar amid a global central bank campaign to fight inflation. The US Aggregate Bond ETF is down 15% year-to-date, while global bonds are down even more.
With central banks worldwide aggressively ratcheting up interest rates in the face of stubbornly high inflation, prices are tumbling as traders race to catch up. And with that has come a grim parade of superlatives on how bad it has become.
Newsfeed: The Great Bond Bubble Is ‘Poof, Gone’ in Worst Year Since 1949 Read More »