Powell says there is no inflation. I guess he hasn't tried buying real estate recently. Just for the record, the Fed changes what is in the Inflation Index whenever it suits their needs. There is nothing so dishonest ...
I think that a lot of people dismiss the actions of the Federal Reserve right now. They feel that they are all politicians and won't allow the economy to slide.I'm not so sure. I'm going to argue (or "muse") here, tha...
So you know your moving your family of four in six months to an inflated market. We all know the bubble will burst, question is when? Do you rent and move again when the time is right? Do you build new? Do you buy an...
Through a variety of research I've been performing, I've come to find most people say the given average for a home's inflation, on an annual basis, is about 2% per year. Roughly the same goes for rent according to man...
TL; DR - Speech: Inflation and the Dual Mandate Remarks by Philip N. Jefferson FED GovernorFebruary 27, 2023Jefferson noted that housing services prices are estimated using information on rents and measure the price t...
I started writing this post last week, but the banking errr.. financial 'crisis' of 2023 (and make no doubt about it, that's what this is) has been 'evolving' so rapidly I had to delete what I was going to post to sta...
Hi There
I have a single-family home in Torrance, CA that was primarily once for me and has been a rental since 2017. My agent had added CAR Rent Cap and Just cause addendum without having a clue what it is and both ...
I would love to get a discussion going over this topic to see what other "in the know" armchair economists think. This chart shows mortgage interest rates over the past 30 days. Rates are directly tied to the 10-Year ...
Fed Bostic is saying that we may see 2% inflation in 2026 only.Wow, can't wait to see lot more domino falling in banking industry/CRE. This is quite significant if they don't reduce rate at all until 2025.
In case anyone missed it - might have been the biggest mortgage rate drop in history on Thursday, good breakdown from Mortgage News DailyWhy was this week's CPI so important?
First off, almost every CPI report has be...