Jonathan Turley: MSNBC Meltdown: “Our Children will be Arrested and Conceivably Killed” if the GOP Wins Midterm Elections
Our president, who originally said he was going to help bring our nation back together after four years of Trump, was back to pounding wedges again this week, speaking of Republicans as fascists, even though he was the leader who chose to stand in the dark, backlighted by fierce red like Hitler at a night […]
We’re Doing Sticker Shock In Reverse Now
A report from Politico. “Lobbyists are scrambling to get help from Washington to goose the housing market as demand tanks in response to rising interest rates and high prices. ‘Next year is going to be chaos,’ said National Housing Conference CEO David Dworkin, who believes tax legislation has a shot before 2023.” From Bisnow. “Investors […]
What do the recent comments by the Fed mean for your market?
The real estate market is in a tizzy over the rising mortgage rates. While most experts advise homebuyers, sellers, and agents not to worry, there is still major concern. Now people are even more stressed as the Federal Reserve enacted its second consecutive .75% interest rate increase to counter rising inflation. The Fed has made […]
MN Gordon: Are You Ready for the Coming U.S. Government Default?
The vast herd of investors are a deluded crowd. Following the Federal Reserve’s much anticipated 75 basis point rate hike on Wednesday the major stock market indexes jumped upward. Then they fell. Now they’ve bolted back upward again. Their delirious…. by MN Gordon on Economic Prism: Optimistic investors keyed in on the Federal Open Market […]
David Stockman: What History Tells Us About Taming Inflation
Historic precedent tells us high inflation like we have now is darn hard to beat down. Jerome Powell also just told everyone it is so hard to beat down that the Fed hasn’t even seen what it would consider a “dent” in inflation in all of its months of trying. How big is the battle […]
The False Sense That Real Estate Is A Readily Liquid Asset
It’s Friday desk clearing time for this blogger. “Whenever the housing market slows significantly, layoffs in the mortgage industry follow. And that’s what happened Tuesday at Radian Group Inc., a Wayne firm that sells mortgage insurance and provides other services in the residential real estate industry. Private mortgage insurance such as the policies Radian sells […]
What agents need to know about buyers and sellers in 2023
Did you know that first-time buyers made up 26% of homebuyers this year? Real estate professionals today rely on data to understand client needs and expectations. The more insightful data available, the more agents can cater to their clients, find new ones and educate buyers and sellers in the area. The NAR 2022 Profile of […]