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I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
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The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
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it's expected 900% in certain way that unemployment would raise more than current 3-ish to 5-ish next year and higher chance of recession signaling Fed to post 75 bps rate reduction in 2024, question would be whether ...
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Could we see another substaintial downturn in the market?
It's funny how quickly the media swung after Monday's huge gain. Everyone said how it was over sold and this was due. They expected the market to float closer...
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I'm trying to continue the good discussion on the "Housing crash" thread that @Greg R. created few months ago and had the number one posts in the history of BP including a very insightful post from @James Hamling. But...
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I'm looking to sell some rehabbed properties in SE Michigan. The properties are in B/C type neighbourhoods and I'm considering whether it will be easier and quicker to sell them using land contracts compared to conven...
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The Leading Index of Economic Indicators has been a pretty good indicator of a decline in economic activity, since it was published. The index uses nonfarm payroll employment, the unemployment rate, average hours work...