Housing Recession?
30 Second Market Update
August 29, 2022
There has been a buzz in the media that we are currently in a “housing recession”. Even the National Association of Realtors’ Lawrence Yun used that verbiage a week or […]
Diving Into Existing Home Sales
30 Second Market Update
August 22, 2022
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 5.9% from June to a seasonally adjusted annual rate of […]
Headline Inflation Cools
30 Second Market Update
August 15, 2022
Last week the U.S. Bureau of Labor Statistics released their Consumer Price Index and it showed that overall inflation came in cooler than expectations of 0.2% and remained flat for […]
Inventory and Foreclosures…Let’s Go Beyond the Headline
30 Second Market Update
August 08, 2022
Existing inventory of homes is up 22% from its lowest level in February 2022. Now, many in the media are going on and on about a major rise in inventory. […]
The Heatwave for Housing Continues
30 Second Market Update
August 01, 2022
The Case-Shiller Home Price Index, which is the gold standard of house appreciation, was released last week showing that home prices across the nation rose 1.5% in the month of […]
A Closer Look At Existing Home Sales
30 Second Market Update
July 25, 2022
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 5.4% month over month in June at a 5.12 million […]
Inflation Continues To Run Hot
30 Second Market Update
July 18, 2022
Last week the Producer Price Index or PPI was released showing that wholesale inflation rose 1.1% in the month of June. This was a hot number and was 0.8% higher […]
Wealth Creation Within The Housing Market
30 Second Market Update
July 11, 2022
Last week CoreLogic released their Home Price Index (HPI). The CoreLogic HPI is designed to provide an early indication of home price trends. The report is published monthly with coverage […]
Blistering Hot Home Price Appreciation
30 Second Market Update
July 04, 2022
The Case Shiller Home Price Index was released last week showing that home prices across the nation increased by 2.1% in the month of April. Year over year it showed […]
What Does It Mean When The Fed Hikes Rates?
30 Second Market Update
June 27, 2022
If we go all the way back to the late 1970s and early 1980s Arthur Burns was the Fed Chair. During that time inflation went up from 7% to 14%. […]
Inflation and The Fed
30 Second Market Update
June 20, 2022
The U.S. Bureau of Labor Statistics’ Consumer Price Index for the month of May was released showing that overall inflation rose by 1%, which was higher than expectations. On an […]
Home Appreciation Continues
30 Second Market Update
June 13, 2022
Last week CoreLogic released their Home Price Index (HPI). The CoreLogic HPI is designed to provide an early indication of home price trends. The report is published monthly with coverage […]
