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A report from Market Watch. "Lumber prices have dropped by more than 60% so far this year, but don’t count on a recovery soon. 'Home builders have faced an enormous uptick in cancellations over the past several months due to…
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A report from Market Watch. "The tide has turned, and buyers are now backing out of deals in the Sun Belt. Once pandemic boomtowns, 15.2% of homes in cities in the Sun Belt that went under contract in August fell…
https://www.youtube.com/watch?v=Ik_i6TXD1yo https://www.youtube.com/watch?v=I652xmZrbTk
A report from the Spokesman Review in Washington. "Homebuyers in Spokane County may have an easier time finding a property in a real estate market is beginning to swing in their favor. Many area homes are undergoing price reductions. Some…
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A report from NBC News. "'It’s gonna be tough, layoffs are a common occurrence right now. We’ve had a frenzy and it’s come to a screeching halt,' said Linda McCoy, who runs a mortgage business in Mobile, Alabama. 'It’s going…
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A weekend topic starting with Mises.org. "Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The 20th-century Great Inflation, stoked by the Federal Reserve and the other central banks of the day,…