Home Depot slides, house prices stabilize, consumers will keep spending

Home Depot slides, house prices stabilize, consumers will keep spending

  Interesting times we are in.  Consumers keep spending big on services like travel and eating out, but on the flip side Home Depot just reported its first drop since the pandemic.  On the other hand Target tops earnings estimates.  What is driving the continued...
64% living paycheck to paycheck; what is the real estate impact?

64% living paycheck to paycheck; what is the real estate impact?

  The share of Americans who say they live paycheck-to-paycheck climbed last year, and most of the new arrivals in that category were among the country’s higher earners (greater than 100k), a new study shows.  Furthermore 24% had issues paying their bills in...
Inflation remains sticky, will interest rates remain high, can the fed achieve a soft landing?

Inflation remains sticky, will interest rates remain high, can the fed achieve a soft landing?

Inflation continues to stick around with core CPI running near record highs.   This will keep the federal reserve on a likely path to hike rates once again in May.  What does this mean for interest rates and real estate?  What happens when interest rates finally...
Banks collapse: 67% impacted, will this lead to a recession?  What about real estate values?

Banks collapse: 67% impacted, will this lead to a recession?  What about real estate values?

As the banking crisis unfolds, the media continues to focus on depositors and shareholders.  Although both are important, there is an even bigger issue that is not being discussed.  According to the FDIC, community banks made 67% of all commercial real estate loans in...
2 banks implode, largest since 2008, is this a trend, impact on real estate

2 banks implode, largest since 2008, is this a trend, impact on real estate

  Over 48 hours two banks failed for very different reasons. There is a saying in banking that when rates rise and easy money runs out, we will find the skeletons that have been lurking in plain sight.    Are we in for a 2008 rerun?  What caused the sudden...
60k laid off, The middle is squeezed how will this impact Real estate and the recovery

60k laid off, The middle is squeezed how will this impact Real estate and the recovery

Purchasing power from paychecks fell 2.9% for middle-income households in 2022 compared with 2021, while rising 1.5% for the bottom fifth of households and 1.1% for the top, according to the Congressional Budget Office study.  Furthermore, nearly 40 percent of...