The latest inflation figures are due on Friday and will reveal if consumer prices are signaling a peak or will remain at four-decade highs that have financially devastated American households.
Kim Drotar is a public school teacher who rents an apartment in St Louis. But she doesn’t have the best neighbors.
Newsfeed: Rents across U.S. rise above $2,000 a month for the first time ever Read More »
Another week, another collapse in the pace of mortgage applications as the Mortgage Bankers Association (MBA) reports a 6.5% week-over-week drop in mortgage applications …
Newsfeed: Mortgage Applications Crash To 22-Year-Low As Monthly Payments Rocket Higher Read More »
While it is traditionally viewed as a B-grade economic indicator, the April consumer credit report from the Federal Reserve was another shocker especially after last month’s stunning surge in credit card debt which saw the biggest increase in revolving credit on record which is why we said that today’s G.19 print straight from the Fed would be just as important as Friday’s CPI print…
Inflationary concerns are casting doubt on the U.S. economy, but so far are having no impact on the red-hot rental housing market.
Newsfeed: U.S. Apartment Market Showing No Sign of Slowing Down (Yet) Read More »
Black Knight publishes a monthly Mortgage Monitor report that contains interesting information on the mortgage market and housing.
Mortgage costs are the most expensive in years as the Federal Reserve embarks on aggressive quantitative tightening, implying that the souring macroeconomic climate may not support extraordinary home price growth for much longer as the national inventory of homes increases for the first time in years, according to Realtor.com data.
Newsfeed: “Major Turning Point” – US Housing Inventory Rises For First Time Since 2019 Read More »
A new analysis of IRS data reveals the mass migration of Americans from blue states to red states and the significant ramifications as a result of the widespread resettlement.
Mark Spitznagel is paid to be prepared for when the market’s weakest links are exposed in a big way.
Newsfeed: Black Swan Investor Is Watching for ‘Greatest Credit Bubble’ to Pop Read More »
Rent growth accelerated slightly again this month, with our national index up by 1.2 percent over the course of May.
Newsfeed: Rent Increases Up Sharply Year-over-year, Pace is slowing Read More »