Podcast: Clues In The News – Inflation, Interest Rates, Stocks, Bonds, and Layoffs
Record inflation, trouble on Wall Street, a hemorrhaging bond market … And a wave of corporate layoffs to start off 2023 …
Record inflation, trouble on Wall Street, a hemorrhaging bond market … And a wave of corporate layoffs to start off 2023 …
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.
As the years pass by, equity happens … And oftentimes, lessons are best learned first-hand. So as a real estate investor, time and experience are two very powerful advantages to have on your side.
Renters across the country are feeling the brunt of housing inflation. Nearly 60% of renters said their rent increased in the past 12 months, according to a Freddie Mac survey of 2,000 Americans conducted in June and given exclusively to Yahoo Money.
The growing rental crisis in the U.S. has shown no signs of stopping. That was the topic of a new Bloomberg report this week that highlighted the stories of numerous Americans struggling to meet their rental obligations.
It was seven months ago today, when looking at the latest real-time rent data from the likes of Apartment List and Zillow, we highlighted to readers that the surge in rents has finally peaked as the annual rate of rental increases had capped out at 18% and when Owner-Equivalent Rent …
While economists expected another modest rise in inflation on a MoM basis (if far below the 1.3% surge in June), the headline US Consumer Price Inflation was expected to slow from +9.1% YoY to +8.7% YoY in July, but it actually slowed significantly more than expected to +8.5% Yoy (flat MoM), ending a 16-month streak of MoM gains.
The number of houses sitting on the market grew at a blistering pace last month, with the number of active listings jumping 31% vs. the same period last year – a record-high increase for a third straight month, Bloomberg reports, citing a Tuesday report from Realtor.com.
Consumer confidence in the housing market dropped to the lowest level since 2011, as both prospective buyers and sellers have become more pessimistic, according to a monthly survey released Monday by Fannie Mae.
Nearly half of U.S. mortgage payers own at least 50 percent equity, according to ATTOM’s Q2 2022 Home Equity & Underwater Report. This means that the balance of loans taken out against the home is less than half the estimated market value of the property.