The majority of adults today realize how expensive housing has increased over the past few years. Rents in many areas of America have increased about as fast as home prices. In Orange County, CA, where I live, the average rent … Read More
SELL IN MAY? – In analyzing the S&P 500 since 1989, the 6-month periods that begin on November 1st have beaten the 6-month periods that begin on May 1st in 19 of 30 years, i.e., the performance over the 30-years … Read More
Friday – June 7, 2019 And the survey says: 75,000 jobs created in May, well below the 180,000 expected. Downward revisions to March and April erased 75,000 jobs from what was previously reported. Job growth is averaging 164,000 in 2019, … Read More
Friday – May 31, 2019 The fight-to-safety rages on this morning as global yields decline sharply with the German 10-year Bund yield at its lowest level ever … -0.22%. The bond buying was touched off by President Trump’s announcement that … Read More
Who better to hear it from than the appraisers, appraising homes for purchases and refinances in today’s market? They are on the “front line” and able to see the trends in the market as they develop over time. Summarizing the … Read More
The U.S. economy is currently strong, with members of the workforce earning high wages and experiencing low unemployment rates. If consumers’ incomes continue to rise and favorable interest rates on mortgage loans continue to be available, the market potential for … Read More
Thursday – May 23, 2019 Sales of new homes declined from March to April though the numbers in March were revised higher. The Census Bureau reports that new home sales fell nearly 7% in April from March though were above … Read More
Friday – May 17, 2019 Americans grew more upbeat on the US economy in early May after solid growth was recorded in the first quarter of 2019 along with a strong labor market. The Consumer Sentiment Index in early rose … Read More
Brandon Turner is the co-host of the Bigger Pockets Podcast. He was recently in Seattle, WA for a real estate investing conference called PNW Badass Real Estate Expo. Brandon spoke on the first day of the conference about how to … Read More
Friday – May 10, 2019 Consumer inflation rose in April boosted by rising gas prices along with increasing rents and healthcare costs, though underlying inflation remained tame. The Core PCE, the Fed’s favorite inflation gauge, rose 1.6% in the latest … Read More