Money & The Economy

Home Sellers Retreat From the Market, Increasing Shortages and Buoying Home Prices

Collateral Analytics data from Black Knight showed January marking the fourth consecutive month of declines in for-sale inventory on a…

1 year ago

February Housing Report: More Choices for Buyers as Inventory Recovery Continues at Breakneck Speed

In February, active inventory rose 68% above a year ago; Austin, Las Vegas and San Antonio are first markets to recover pandemic inventory shortages and…

1 year ago

American Buyers ‘Retreat’ As High Mortgage Rates Strangle Housing Market

Surging mortgage rates pushed home buyers out of the market and sent volume for new applications plummeting to a 28-year-low…

1 year ago

Wall Street Investors Are Snatching Up Single-Family Homes And Taking Over The Rental Market

Institutional investors, such as banks and large real estate firms, are on track to own 40% of single-family rentals in…

1 year ago

Fed’s Favorite Inflation Index Blew Past Expectations In January

The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures (PCE) price index, surged past economists’ expectations in January,…

1 year ago

Why a Big Tax Refund Shouldn’t Excite You

It’s the dreaded season once again. About this time of year, I usually write something about taxes. What can I…

1 year ago

Consumer Prices Rose 0.5% in January. Fed Must Get More Aggressive

The Bureau of Labor Statistics just released the Consumer Price Index for the month of January. The CPI rose 0.5% while the…

1 year ago

Inflation Stays Hot In January, Surging Past Expectations

Inflation accelerated on a monthly basis in January, surging past investor expectations as prices continue to climb, according to the…

1 year ago

POLL: Americans Haven’t Been This Down On Their Personal Finances Since The Great Recession

Half of Americans say they are financially worse off now than a year ago, one of the few times 50%…

1 year ago

US Notches Record Trade Deficit In 2022 — Thanks Partly To China

The U.S. trade deficit increased to its highest recorded level in 2022, thanks in part to a surging trade deficit…

1 year ago