Search
Close this search box.

the real estate guys radio show

Newsfeed: US Consumer Price Inflation Slows In July, Real Wages Continue To Tumble

Newsfeed: US Consumer Price Inflation Slows In July, Real Wages Continue To Tumble

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.

Newsfeed: US Consumer Price Inflation Slows In July, Real Wages Continue To Tumble Read More »

Newsfeed: US Housing Inventory Grows At Record Pace As Buyers Slow Down; Shiller Warns Of ‘Heightened Risks’

Newsfeed: US Housing Inventory Grows At Record Pace As Buyers Slow Down; Shiller Warns Of ‘Heightened Risks’

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.

Newsfeed: US Housing Inventory Grows At Record Pace As Buyers Slow Down; Shiller Warns Of ‘Heightened Risks’ Read More »

Newsfeed: Here’s Why Rich Americans Are Moving Here

Newsfeed: Here’s Why Rich Americans Are Moving Here

Households that make over $200,000 annually comprise just a sliver of all tax returns that are filed in a given year, but their movement between states can have a significant financial impact. When a state loses more high-earning tax filers than it gains in a given year, tax revenues may decline and the state’s fiscal situation may worsen. That’s why despite making up less than 7% of total tax returns filed across the 50 states and the District of Columbia in 2020, the migration patterns of high-earning households continue to make headlines.

Newsfeed: Here’s Why Rich Americans Are Moving Here Read More »

Scroll to Top