September's inflation numbers were tied for the record since 2008, and were above consensus expectations yet again. With inflation being so severe and persistent, the messaging about inflation is about to change. First, it was…
Home Sales Hit 16-Year High
The housing market hasn't been this hot since 2006. Sales of existing homes rose 8.5% in 2021, totaling 6.12 million, the National Association of Realtors reported. This as inventory levels fell to an all-time low of 910,000. House…
See the City With the Most Unaffordable Housing…
Sacramento, California, is at the top of the list for the United States’s least affordable new homes markets. A new study examining household incomes and comparing them with median new home construction mortgages found the California capital…
Heresy Financial: Foreclosures Surging – Housing Market Doomed
The housing market is currently experiencing a spike in foreclosures. The question is, does this spell doom and gloom for real estate? Or will this end up being a blip on the radar with little…
