Happy Fall, it is hard to beat this time of year with snow up top and changing leaves in the valleys (do you know where I took this pic?) Yields for U.S. government debt posted the biggest weekly jump…
Would-be home buyers priced out of the sales market are finding little consolation when they turn instead to the single-family rental market. Prices are soaring there as well. What is causing the large surge in rents? How is this related…
Last year the Department of Justice and the National Association of Realtors reached a historic pact to clear up any antitrust issues and provide greater transparency to consumers about commissions and increase competition among brokers. Everyone thought the deal was…
An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year. Goldman, BofA, and Blackrock are predicting a 50% rise in treasuries by year end. …
Consumers’ complaints about rising prices on homes, vehicles, and household durables reached an all time record. Just 30% of all consumers cited favorable home buying conditions, the lowest level since September 1982. What does this change in attitude mean for…
According to a recent Well’s Fargo economic report: the forecast for the level of services spending is expected to swell to more than four and a half years of typical spending packed into nine months. What does this transition from…
The Federal Reserve has bought $982 billion of the mortgage bonds since March 5, 2020. As Federal Reserve officials discuss how to eventually scale back their easy-money policies, they are debating whether to start by reducing purchases of mortgage-backed securities…
As I look around the real estate market, you cannot help but notice the craziness. On my personal house in Colorado, my value is up around 50% in two years. These same trends are unfolding throughout the country, with appreciation…
With the craziness in the market, I at least wanted to ease everyone into it with a relaxing picture :) I wrote last week about rate increases coming down the pipe, but like everyone else I was surprised by the…
It is usually not a good sign when Fed Vice Chairman Richard Clarida said after the consumer price index report “I was surprised”. I am not sure what rock people are living under, but everything has increased in price from…