September 20, 2022 For more than the past month, the members of the Federal Reserve Board have been talking tough against inflation. This talk has caused long-term rates to rise in anticipation of Fed activity in the coming months. Statements such as “raising rates and keeping them high as long as it takes until inflation […]
Read More
September 13, 2022 Since we could not decide as to whether we are in a recession right now, many have adopted the term “housing recession” instead. While we are not sure what constitutes a housing recession, we really need to view today’s real estate market in terms of where the market is coming from. Certainly, […]
Read More
September 6, 2022 We certainly hope that the holiday weekend was relaxing and enjoyed by all. As we pointed out last week, the early release of the August employment data made this past weekend a Labor Day event in more ways than one. While many of us relaxed and enjoyed the last “unofficial” weekend of […]
Read More
August 30, 2022 Last week we pondered the employment situation. This week we get an early look at the August jobs picture because the release comes before Labor Day. Thus, this weekend coming up will be referred to as Labor Day weekend for more than one reason. While we are very curious as to whether […]
Read More
August 23, 2022 July was a very important month with regard to the growth of jobs. Not only did the economy add a significant number of jobs – much more than expected – but also, we have now recovered all the jobs lost during the pandemic. The 3.5% unemployment rate is the level we were […]
Read More
August 9, 2022 In a normal year, the real estate markets die down during what we call the “dog days of summer.” The issue is, we have not had anything akin to a normal year in quite a few years. Low interest rates, the pandemic and the ensuing real estate boom eliminated seasonality from the […]
Read More
July 26, 2022 It seems like just a few weeks ago that the Federal Reserve announced they were raising their short-term interest rates by a whopping .75%, with the objective of halting the rise of inflation. If we look back, the last meeting was exactly six weeks ago. And a lot can happen in six […]
Read More July 12, 2022 Recession. Inflation. Stagflation. All of these words and more were on the line as we saw the jobs report last Friday. Reported a little later this month because of the July 4th holiday, the anticipation built over the past few weeks. So, how did it turn out? The addition of almost 400,000 […]
Read More
July 5, 2022 The June jobs report will be the first release in a busy, busy month of data and events. With talk of a slowing economy and possible recession on the horizon, the pace of job creation will tell us plenty regarding the present health of the economy. If we produce enough jobs, more […]
Read More