The Universtity of Michigan has released their latest Survey of Consumers. They find that consumers think that the conditions for selling a home is the highest since 2007.
Today, the Bureau of Economic Analysys releaseed their “second” estimate for the first quarter US gross domestic product (GDP), based on more complete data that the preliminary Q1 GDP estimate 0f 0.7% QoQ.
Encinatas California is located on the Pacific Ocean wedged between San Diego to the south and Marine Corps base Camp Pendleton to the north.
It has been been almost nine years since The Federal Reserve launched their massive intervention in capital markets.
Yet another month of missing for-sale existing home inventory and rising median prices for existing home sales.
According to Sentier Research, in April, real median household income reached $59,361, according to the latest report from Sentier Research. That’s up 2% since January, and is as high as it’s been since February 2002 (or 15 years). Expressed as an index, median household income was 100.9 in April, which is the first time this […]
The Federal Reserve has a dual mandate to 1) promote maximum employment and to 2) keep prices stable. The Fed has a target rate of core inflation that is 2%; however, it has been unable to achieve this target since the end of The Great Recession
Another disappointing new home sales report.
Nobody malinvests or spends like government, particulary government pension programs.
Commercial office space has had a fantastic run since hitting bottom in 2009/2010.