Author Archive

Lackluster Home Building Hurts First-Time Buyers

Lawrence Yun for Forbes What is going on with home builders? Housing starts refuse to rise in any meaningful way, despite the ongoing shortage in the number of homes on the market and falling rental vacancy rates. What is...

Consumer Price Index: Higher Rates in Sight?

Inflation is nonexistent with no changes to the consumer price index from one year ago. Some components are, however, making marked changes. Gasoline prices are 27 percent below one year ago, rents are rising at near 4 percent, and...

Latest Employment Report (October 2015)

Big numbers on employment with a whopping 271,000 net new job creation in October. Over the past 12 months the tally comes to an impressive 2.8 million net new jobs. Real estate can therefore expect further expansion. Even better...

Latest State-Level Employment (September 2015)

Utah continues to hold the lead in job creation in the latest data. Idaho and South Carolina are catching up and narrowing the gap. At the opposite end, any state with an exposure to energy production is getting slammed....

Latest Personal Spending and Income (September 2015)

Personal income barely rose in September but was comfortably higher from one year ago. Consumer spending is therefore rising. The economy is in a reasonably good shape as it goes into a cycle of rising income leading to more...