A report from Austin Culture Map in Texas. "In June, the city's median home price reached $615,000, a record for the month of June, but a drop from the May 2022 median of $667,000. The report highlights a 218 percent…
A weekend topic starting with the Financial Post. "The key question is not why inflation has broken out: the monetary expansion since winter 2020 made that inevitable. The key question is why inflation didn’t take off after the monetary expansion…
A report from Yahoo Finance. "Much of the blame rests with the Fed for 'way overstaying their welcome with [quantitative easing] and zero rates and badly misreading inflation that they are now being forced to play catch up with,' said…
A report from the Idaho Statesman. "Newly constructed homes in Ada County dropped from a median price of $601,301 in November to $579,990 in December. The relative affordability that once helped attract buyers from more expensive places has partially worn…
A weekend topic starting with two reports from Bloomberg. "To cryptocurrency true believers, Bitcoin is the ultimate store of value, the most solid hedge against the rampant inflation manufactured by reckless central banks and their money-printing. To skeptics, the crypto…
A weekend topic starting with Mark Zandi. "House prices are sizzling. Not just in swanky neighborhoods in the nation’s big cities or in resort towns. Not just in the suburbs or exurbs. Not just in inner cities or in rural…
A report from CNBC. "'The fact that almost all participants agreed that it was appropriate to initiate the balance sheet runoff after the first increase in the target range for the fed funds rate implies that there’s not a big…
A weekend topic starting with the Idaho Mountain Express. "In advance of the busy summer tourist season, Ketchum city officials briefly considered allowing a 'tent city' on the edge of town to provide temporary housing for workers. In a place…
A weekend topic starting with KTUV. "Like many homeowners across the country, Santa Claus has benefited from skyrocketing home values, according to Zillow — which values his sprawling North Pole property at more than $1 million. A searing hot housing…
A report from Mortgage Professional America. "With more than 20 years’ experience in the mortgage industry, Kirk Tatom, the president of Dallas-based Tatom Lending, started his company back in 2007. As for clients who were still determined to get the…