The Arizona Regional Multiple Listing Service (ARMLS) reports (“Stats Report”): 1) Overall sales were at 9,806 in March, up 13.7%…
Continue ReadingNMHC: “April Apartment Market Conditions Show Improvement”
The National Multifamily Housing Council (NMHC) released their April report: April Apartment Market Conditions Show Improvement Apartment market conditions showed…
Continue ReadingCelebrating My Birthday, Incredible Milestones, and an Insane Trading Year
It’s my birthday … And it’s been a pretty wild ride since the last one. True, the period between April…
Continue ReadingHotels: Occupancy Rate Down 15% Compared to Same Week in 2019
Note: The year-over-year occupancy comparisons are easy, since occupancy declined sharply at the onset of the pandemic. However, occupancy is…
Continue ReadingHousing bubble Two Point No
“Home prices are not in a bubble. It’s not like people are collecting houses. These are first-time home buyers! The…
Continue ReadingNAHB: Builder Confidence Increased to 83 in April
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 83, up from 82 in…
Continue ReadingIndustrial Production Increased 1.4 Percent in March
From the Fed: Industrial Production and Capacity Utilization In March, total industrial production increased 1.4 percent. The gain in March…
Continue ReadingRetail Sales Increased 9.8% in March
On a monthly basis, retail sales increased 9.8 percent from February to March (seasonally adjusted), and sales were up 27.7…
Continue ReadingWeekly Initial Unemployment Claims decreased sharply to 576,000
The DOL reported: In the week ending April 10, the advance figure for seasonally adjusted initial claims was 576,000, a…
Continue ReadingCan XLK hold without participation of AAPL & MSFT?
Developments in the technology sector keep me busy, but above all alert. First of all it’s the biggest sector in…
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