Rental Properties Are In A Bubble Rental properties have generated massive returns for investors over the past decade. However, the housing market has once again returned to bubble levels. Read More Seeking Alpha https://seekingalpha.com/article/4541147-rental-properties-bubble-buy-high-yield-stocks-instead
Read MoreAuthor: BrianAnthony
Fall housing inventory building slowly
Fall housing inventory building slowly Higher mortgage rates and low housing supply means it’s more difficult for borrowers to find bargains… Read More Source (CBS, Forbes, etc…) https://www.foxbusiness.com/personal-finance/housing-inventory-home-prices
Read More9/16/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY Retail sales up 0.3 percent in August and 9.1 percent year-on-year Advance estimates of U.S. retail and food services sales for August 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $683.3 billion, an increase of 0.3 percent from the previous month, and 9.1 percent above August 2021. For the same time periods, the CPI rose 0.1 and 8.3 percent, yielding increases in spending above inflation of 0.2 and 0.8 percent, respectively. https://www.census.gov/retail/marts/www/marts_current.pdf Industrial production slumps…
Read MoreGetting Real With Virtual Tours and Designs
Getting Real With Virtual Tours and Designs It’s more than just a pastime. A virtual tour is a helpful step in the decision-making processes surrounding a new-home purchase. Read More East Bay Times https://www.eastbaytimes.com/2022/09/15/get-real-with-virtual-tours-and-designs/
Read MoreWaitlist Opens For New Senior Affordable Housing Community in Russell Neighborhood
Waitlist Opens For New Senior Affordable Housing Community in Russell Neighborhood Zion Manor Senior Apartments II, a 34-unit apartment for very low- and low-income seniors, opened a project-based voucher waitlist as the development nears completion. Read More WDRB https://www.wdrb.com/news/business/waitlist-opens-for-new-senior-affordable-housing-community-in-russell-neighborhood/article_14b8b848-3513-11ed-a826-97646662fd24.html
Read MoreSingle-Family Lot Values Reach Record Highs
Single-Family Lot Values Reach Record Highs Lot values for single-family detached housing starts in 2021 increased across the nation, with the national value and six out of nine Census division values setting new records. Read More NAHB https://www.nahb.org/blog/2022/09/lot-values-set-new-records
Read MoreThe Fed Could Crash the Housing Market
The Fed Could Crash the Housing Market Some economists warn continued historic rate hikes by the Fed could risk crashing the housing market, underscoring the difficult task ahead for the central bank. Read More CNN Business https://www.cnn.com/2022/09/14/investing/premarket-stocks-trading/index.html
Read More9/15/2022 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY Producer Price Index slips 0.1 percent in August, up 8.7 percent year-on-year The Producer Price Index for final demand fell 0.1 percent in August after falling 0.4 percent in July, and rose 8.7 percent year-on-year. The monthly decrease in the index for final demand is attributable to a 1.2-percent decline in prices for final demand goods. In contrast, the index for final demand services advanced 0.4 percent. Prices for final demand less foods, energy, and trade services moved up 0.2 percent in August following…
Read MoreCottagecore Remains the Most Popular Interior Design Trend in the U.S., According to One Study
Cottagecore Remains the Most Popular Interior Design Trend in the U.S., According to One Study Cottagecore has been trending on social media since the early days of the COVID-19 pandemic, with homeowners embracing the vintage-inspired addition of florals and warm, cozy vibes inspired by life’s simpler pleasures. Read More Apartment Therapy https://www.apartmenttherapy.com/cottagecore-most-popular-interior-design-trend-37124633
Read MoreKB Home Announces the Grand Opening of Its Vista Del Oro Communities in Highly Desirable Northwest Tucson
KB Home Announces the Grand Opening of Its Vista Del Oro Communities in Highly Desirable Northwest Tucson Homebuilder offers two collections of personalized, new homes, Reserve and Horizon, priced from the $370,000s and $430,000s, respectively. Read More KB Home https://news.kbhome.com/press-releases/news-details/2022/KB-Home-Announces-the-Grand-Opening-of-Its-Vista-Del-Oro-Communities-in-Highly-Desirable-Northwest-Tucson/default.aspx
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