From the NAR: NAR Existing-Home Sales Report Shows 2.7% Decrease in June Existing-home sales decreased by 2.7% in June, according…
Continue ReadingUncategorized
Animal Spirits: What is Upper Middle Class?
Advertisement Equities plus income QQA, RSPA, and EFAA aim to provide consistent monthly income and growth potential. Learn More Today’s…
Continue ReadingTech Taps the Brakes, Homebuilders Hit the Gas: See the Rotation on StockCharts Today
The stock market feels like it’s holding its breath ahead of Big Tech earnings. The first two days of the…
Continue ReadingUpdate: Lumber Prices Up 30% YoY
This is something to watch again. Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the…
Continue ReadingFed Forecasts: No Cuts or Three Cuts in 2025?
There are four remaining FOMC meetings this year: July, September, October and December. It is very unlikely that the FOMC…
Continue ReadingCalifornia Home Sales Down Slightly YoY in June
Today, in the Calculated Risk Real Estate Newsletter: California Home Sales Down Slightly YoY in June A brief excerpt: The…
Continue ReadingTuesday: Fed Chair Powell, Richmond Fed Mfg
From Matthew Graham at Mortgage News Daily: Mortgage Rates Move Slightly Lower to Start New Week Mortgage rates didn’t move…
Continue ReadingNMHC on Apartments: Market conditions Tightened in Q2
Today, in the CalculatedRisk Real Estate Newsletter: NMHC on Apartments: Market conditions Tightened in Q2 Excerpt: From the NMHC: Borrowing…
Continue ReadingGoldman’s Mid-Year Housing Outlook
Today, in the Calculated Risk Real Estate Newsletter: Goldman’s Mid-Year Housing Outlook A brief excerpt: Last Friday, Goldman Sachs Senior…
Continue ReadingHousing July 21st Weekly Update: Inventory up 1.2% Week-over-week; Down 11% from 2019 Levels
Altos reports that active single-family inventory was up 1.2% week-over-week. Inventory is now up 37.2% from the seasonal bottom in…
Continue Reading