In the wake of the pandemic, one word has remained top of mind for the Federal Reserve: inflation. While headline PCE inflation has come down from its peak of 7% last year, it is still running at 5% year-over-year — way above the Fed’s long-run target of 2% annually....
Recent years have seen a surge in interest in alternative asset classes for investment, as many investors shy away from the volatility of the stock market in search of other forms of investing that offer better — and perhaps safer — returns. Many alternative...
It’s no secret that today’s housing market poses a number of obstacles to purchasing a home. Interest rates have risen nearly three percentage points over the last year. Inflation has cooled but remains high. And housing affordability and housing availability remain...
Remember those days of multiple offers? Lines of buyers outside the door of your latest listing? Those days are over in most markets as mortgage rates steadily test the 7% level and buyers grow increasingly skittish about a recession. But you have a listing that has...
The current economy has made things challenging for real estate professionals. Interest rates have been climbing for more than a year, which means mortgage rates have also been on the rise. Those increases have discouraged both sellers and builders. As a result, the...
I recently spoke to the wife of a friend who had been planning a career change into residential real estate but was now having second thoughts. Sound familiar? “Is this a bad time to give up my job and take the plunge?” she asked. “Good question!” I said,...
