Author Archive

Latest Consumer Price Inflation

Inflation is slowly and steadily picking up. Rents in particular are rising at a 4 percent annualized rate. The sluggishness in new home construction assures that rent and the broader consumer price inflation will likely be on an upward...

The Latest on Consumer Confidence

• People’s view of the economy is turning for the better. A record high stock market and continuing job additions are no doubt contributing to the better feelings. That in turn could move the economy into a virtuous cycle...

Agricultural Land Price Trend

Agricultural land prices, after several years of double-digit rates of appreciation, look to fall in the upcoming months because corn prices have been on the decline. Less ‘dividend’ from the land means lower price of that underlying asset. The...

State and Metro Employment Conditions in May

Nearly 80 percent of the 372 metropolitan areas now have more jobs than one year ago according to the latest government statistics.  Job growth has been especially strong in Dallas-Ft. Worth region, Austin, Orlando, and San Jose – all...

Housing Market Forecast

The housing market is beginning to roar back. Existing home sales have risen for two straight months after suffering declines since the summer months of last year. The pending contracts also show robust gains, implying home sales will further...