Happy New Year Predictions!
December 31, 2024 We hope you all are having a great holiday season. With the new year we are always looking to bring the latest predictions concerning the real estate market and the general economy. Of course, this also comes with our annual warning – predictions are futile (adapted from Star Trek). No one can […]
Read MoreMore Jobs Than People?
Another Month Strong of Jobs Gains
If the Federal Reserve is waiting for the economy to slow down before it eases interest rates, there is no doubt that they are watching the monthly jobs report for a significant clue. Thus far this year, there has been no sign that the economy is producing less jobs each month. The pace of the […]
Read MoreBetween a Rock and a Hard Place
It is no fun being a member of the Federal Reserve right now. The economy continues to grow in spite of higher interest rates and inflation has calmed down. But inflation is still being a bit stubborn and it is taking a longer time to reach the Fed’s stated goal of 2.0% inflation rate. Here […]
Read MoreFed: Nothing Doing
There is so much anticipation with every meeting of the Federal Reserve’s Open Market Committee, which meets around eight times per year. The analysts are over the top with predictions of actions and then they obsess on every word of their post meeting announcements. And a few weeks later, when the minutes of the meeting […]
Read MoreWill It Spring?
Believe it or not, today is the first “night” of spring, as the Spring Equinox happens late this evening. This means that we are almost through the first quarter of the year. Spring is especially important not only because of the nice weather and the flowers, but also because it is prime real estate season. […]
Read MoreWhat is a Soft Landing?
October 3, 2023 The vast majority of analysts forecasted a recession in the second half of 2023. We are now more than half-way through the second half and there are no signs of a recession, except in the housing sector. However, the economy continues to slow down from the solid growth of the first half […]
Read MoreThe Great Wealth Transfer is Underway
August 29, 2023 According to TheStreet.com, the Baby Boomer generation owns about half of the nation’s $140 trillion in wealth. These numbers have escalated significantly over the past decade because of gains in the stock market and the appreciation of real estate. According to market research firm Cerulli and Associates, recipients of the great wealth […]
Read MoreWould Anyone Be Surprised?
July 25, 2023 After a pause last month, would anyone be surprised if the Federal Reserve raised short-term rates by .25% again tomorrow? Not after hearing statements by Chairman Powell during the past month. As a matter of fact, he indicated that two increases in a row were on the table – though the Fed […]
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