Toronto Housing Market Home sales in the GTA declined during June and home prices too sunk just a little. GTA Real Estate Prices declined by $56,000 vs May and are now down $130,000 from their peak heights. See the city by city declines below. TRREB President Kevin Crigger believes home sales have been impacted by…
US Inflation Jumps 9.1% in June Despite the recent series of increases in the Fed interest rate, the Bureau of Labor Statistics has reported US inflation soared 9.1% in June, the highest rate since 1998. The new rate is also up a whopping 1.3% since May making us believe that July’s rate might be even…
Twitter Sues Elon Musk to Avoid Catastrophe Following on the heels of an embarrassing rejection from potential billionaire buyer Elon Musk (Tesla), the social media platform called Twitter is on very shaky ground. As it turns out, the ground under Elon Musk is beginning to quake too. His company Tesla was doing well, yet with…
Toronto Housing Market Bubble Crash Update: Reports about the potential of a Toronto housing bubble and crash have been around for many years. Trump tax cuts and stimulus spending prevented the crash, yet now in 2022, those factors are gone and interest rates are poised to rocket under an ineffectual US Fed. The American situation…
A Democrat Defeat Could Help Avoid a Recession Right now the talk is all about a recession and many see it as inevitable with no means of prevention. Even Larry Summers has raised his forecast for a recession to a gloomy 100%. These people have fully bought into the idea that the economy follows the…
Los Angeles Housing Market How many homebuyers in Los Angeles are asking when LA home prices will fall? Is the LA housing bubble finally about to burst? Buyers in LA still hold out hope for home prices to ease and plenty of properties will soon be listed in 2022. Although inventories are growing, it is…
Oil Price and Gasoline Price Forecasts The biggest events that could drive oil prices very high haven’t happened yet. The coming battle around Taiwan, which President Biden mentioned in his recent visit to South Korea. China’s communist leaders conducted threatening military exercises to show their anger about South Korea and Taiwan. If and when the…
Stock Market Outlook Next Ten Years It’s difficult for any investor to make confident stock buying and selling decisions without a clear, long term vision of the economy. You want some certainty about the 5 year outlook and the 10 year long range outlook. This long range outlook is about more than the Dow Jones…
Real Estate Seller Leads What makes some Realtors attack the housing market with such confidence, even in a recession? Do they possess skills, connections, and funds that push them front and center to buyers and sellers? Or is it just a firm, calm, persistence that helps them build a huge lead funnel? If you look…
Will Sellers Rush Online to Find a Realtor? Many Realtors are thinking there’s no way residential real estate can fail. Housing markets are too hot with wealthy buyers, high employment, strong banks, along with strong millennial buyer demand and very limited supply of housing. Yet the narrative seems to be changing despite the economic strength. …
Top 30 Post Pandemic Stocks to Buy This pandemic will fade off into history. It’s ruined the economy, but the US economic outlook and stock market forecast will brighten each and every month this year. The next 3 months might be grim, but as the stimulus kicks in, vaccinations grow, and people return to their…
Vancouver Housing Market Update and Forecast Vancouver has built its reputation as one of the most beautiful cities and locations in the world. The modernization of the city, incredible mountain vistas, moderate climate with a surprising amount of yearly sunny days, high tech center growth, tourism and neighboring mountain recreation areas makes this area a…
Market Outlook for Next Week Futures were up on Sunday night and today trend the trend continues, particularly the Dow Jones, up 300 points. However, all majors have plunged today. Volatility is up so investors don’t really and they’ve succumbed to the latest negative news announcements. There could be some profit taking and some may…
Seller Leads through Better Marketing Today’s home sellers are a cagey lot, continuously holding on for a better price, a better time, and for the end of the pandemic of course. Still, as a Realtor among thousands in your region, you must build a system capable of reaching as many as possible. As one of…
NASDAQ Forecast 2022 Where to invest in 2022? Should you look for the best stocks on the Dow, S&P 500, Russell or the NASDAQ? The upward trajectory of the NASDAQ looks much like the Dow Jones, however tech stocks are in a period that’s resulting in stronger volatility. Expert advisors are pushing sell button on most…
The Best Stocks to Buy The Dow Jones, NASDAQ, S&P and Russell 2000 have all fallen into a funk the last 3 months. It’s a pessimistic mood driven by rising rates, the Eastern European war, looming issues with China, high commodity and oil prices, and the withdrawal of big Fed stimulus money. Next week the…
Best Oil Stocks to Buy? As the price of oil moves past $110 a barrel, investors realize where it might be headed, to above $150. The Putin war isn’t about to end and may persist for years. Europe intends to cut off Russian oil, however India and China are scrambling to acquire that cheap energy…
The Right Property Management Software Software technology has come a long way in the past few years. Improvements in property management technology in particular is responding to growth in the rental property sector as the demand for rental housing rockets. Landlords and property managers are building their businesses on cloud based software platforms to leverage…
Facebook, Amazon, Google, Netflix, Apple With stock volatility, rising interest rates, and an economic recovery underway, are the big tech FAANG stocks the choice for risk off investors? While NASDAQ did well last year, it may be the Fed stimulus and low interest rate policy that created those big gains. When Cathie Woods says tech…
US Housing Market January Home sales across the US took a surprising upturn in January 2022 rising 6.7% from December which exceeded NAR’s forecast. It seems homebuyers are eager to lock in a lower mortgage rates now than risk much higher rates later. Given the price of homes in some cities, waiting to buy a…