Thanks for visiting our Real Estate Investing blog in Queens NY. If you are looking to invest or sell real estate in the Queens New York area, follow our blog articles. August 17, 2021 The one area of obvious strength for the economy during the pandemic has been real estate. We have mentioned many times […]
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August 3, 2021 The economy is getting stronger and consumer optimism is rising. We have had a string of positive economic reports which tell us that we are moving in the right direction. For example, retail sales have indicated that consumers are spending, we added close to one million jobs in June and the first […]
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July 27, 2021 The Federal Reserve Board’s Open Market Committee meets this week and there is little to no chance they will change interest rates. As a matter of fact, it was big news surrounding the previous meeting because they indicated that they will “consider” raising rates as early as 2023. Thus, you would think […]
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July 20, 2021 Last week we focused on the housing market. We would be remiss if we did not bring up the energy markets as well, as the price of oil has been in the headlines this year. It is always interesting when looking at history and how modern times have changed. For example, last […]
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July 6, 2021 Last month the Federal Reserve Board spoke loudly. They actually had the audacity to suggest that they expect to raise rates shortly. Define shortly? Sometime in 2023! That is literally two years from now. Years ago, the Fed never telegraphed what they were inclined to do in advance. Now they are signaling […]
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June 22, 2021 No, we are not talking about the pandemic here. We are actually referring to the May jobs report, which shows almost 560,000 jobs created. This number was seen as disappointing. If you look at it from a year-to-date standpoint, we have added close to 2.5 million jobs this year—or an average of […]
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June 8, 2021 We were looking for some “bounce-back” numbers in the employment report last Friday. We believed that the stage was set with the progress of our vaccination program having a real effect on the number of COVID cases in our country. As of the middle of May, cases had dropped approximately 90% from […]
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May 4, 2021 If you are reading the forecasts being released for this year, the optimism for a strong rebound has hit unprecedented highs. There has been plenty of data to support such optimism. This data has included a gain of nearly one million jobs in March. Add plenty of stimulus dollars to the equation, […]
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April 13, 2021 Our previous commentary spoke about the importance of inflation with regard to the future of interest rates. We follow with a discussion regarding the threat of inflation. First, we must understand that all sectors of the economy do not experience inflation at the same rate. For example, today we see inflation in […]
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