A weekend topic starting with Reason. "In 2010 Thomas Hoenig, then the president of the Federal Reserve Bank of Kansas City and a member of the central bank's Federal Open Market Committee, thought he was seeing history repeat itself. In…
It's Friday desk clearing time for this blogger. "RE/MAX reported the median sales price in the Los Angeles metropolitan area, including Orange County, in Dec. 2022 was $810,000, a 4.7% drop from the previous year's $850,000 sales price. The San…
A report from Click Orlando in Florida. "Orlando resident Jeriah Owens is searching to buy her second home. She told News 6 that as a single mom especially, it’s been a little frustrating with the up and down interest rates…
A weekend topic starting with Yahoo Finance. "At an event this week at a swanky restaurant atop the Equinox Hotel in Hudson Yards, New York City — the firm's CIO Tony Roth opened evening discussions by arguing '3% is the…
It's Friday desk clearing time for this blogger. "'When you have a rise and increase in interest rates like we've had, that is a big problem for housing. Interest rates are like the mother's milk of housing,' Pulte Capital CEO…
A report from CNBC. "Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages. As part of its retrenchment, Wells Fargo is also shuttering its correspondent business that buys loans made by third-party lenders and 'significantly' shrinking its…
A report from the Real Deal on Arizona. "Two months ahead of hosting the 2023 Super Bowl, Arizona Cardinals owner Michael Bidwill sold his mansion in Paradise Valley at a loss for $5.3 million. Bidwill sold the property two months…
https://www.youtube.com/watch?v=QpSbVF1WVqk https://www.youtube.com/watch?v=poWv_GoIJFY https://www.youtube.com/watch?v=PTRuHXEEBZk https://www.youtube.com/watch?v=pk3CH3ps5g0
What are your housing bubble predictions for the new year? Six months ago: "I think this will have to do primarily with interest rates – and i think that the central banks will chicken out and live with inflation (in…
https://www.youtube.com/watch?v=AoHYBawLzfg https://www.youtube.com/watch?v=aSqWdqUu-pg https://www.youtube.com/watch?v=g8xO8_6P9ZM https://www.youtube.com/watch?v=7q4hMT59MwQ https://www.youtube.com/watch?v=CyBjlRqBCMc https://www.youtube.com/watch?v=y2Po7xz1AfE https://www.youtube.com/watch?v=aqhaDsW8-U8&t=9s