In a congressional effort to increase retirement savings, Secure Act 2.0 was recently signed into law … And it’s sure to affect people with retirement accounts. But what impact could it have on YOU and your real estate investing?
Podcast: Macroeconomics and Main Street Investing Read More »
Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time homebuyers in a serious bind.
Newsfeed: First-Time Homebuyers Are Absolutely Screwed Right Now Read More »
Mortgage rates have doubled over the past year and this has hit housing affordability hard. How much housing prices will retrench is still up in the air. Consider the whole premise housing prices in America are about to fall like a stone may be overdone. Hard economic times could very well take a greater toll on the price of intangible assets and paper promises than on things like housing.
Newsfeed: The Face Of Housing Ownership Is Changing Read More »
National home prices fell for 6 straight months up to December (the latest data from S&P Global’s Case-Shiller index), dropping more than expected (-0.51% MoM vs -0.40% MoM exp). This slowed the annual growth of prices to the weakest since July 2020…
Newsfeed: US Home Prices Tumbled For 6th Straight Month In December Read More »
Record inflation, trouble on Wall Street, a hemorrhaging bond market … And a wave of corporate layoffs to start off 2023 …
Podcast: Clues In The News – Inflation, Interest Rates, Stocks, Bonds, and Layoffs Read More »
Home prices have started to correct as interest rates rose sharply in 2022. However, the real problem for home prices is still coming in 2023 as the standoff between sellers and buyers comes to a head.
Newsfeed: Home Prices Will Likely Fall Further 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.
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.
Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate.
Newsfeed: Fed Chair Powell says smaller interest rate hikes could start in December Read More »
Home flippers who pounced on recent drops in home prices now face some major hurdles — and potentially major losses.