There are signs growth is decelerating, but from a healthy level. Data relating to orders and inventories do not yet seem to be a problem, but worth watching. Most of this week’s economic data offered more of a downside surprise … Continued
U.S. households have experienced steady growth for two and a half years, but also lag vis a vis growth in several other metrics. Steep rise in home prices possibly to blame? After going sideways for nearly two years (indigo bi-directional … Continued
U.S. household real estate has come a long way. Back in 2Q06, the market value of U.S. household real estate peaked at $22.7 trillion, before coming under sustained pressure after the bubble burst. Amazingly, in the next five years, it … Continued
CNBC.com ran an interesting story last Thursday (March 3rd) on resurging home flipping in the U.S. Turns out, according to RealtyTrac, nearly 180,000 family homes and condos were flipped in 2015, making up 5.5 percent of all sales. This was … Continued