Dreaming of a Housing Market Crash? As the FED pushes the envelope on interest rate and mortgage rate rises, many buyer prospects continue to hope for a housing market correction with lower prices. Well okay, they would prefer an outright crash. Because prices are unreachable no matter what mortgage rates are. And it will take…
Los Angeles Housing Market June’s sales data for the Los Angeles housing market doesn’t really tell us anything new, however prices jumped in June which may lead us to believe the market has some health. The exodus of people and businesses have hurt the LA economy, yet as interest rates drop, that trend may stop…
When is the Next Stock Market Correction? Predicting the next stock market crash is never easy. So many economic, political, and international trade factors and more, are difficult to predict. We might think any mention of a stock market crash is pessimistic. Yet awareness of the factors that precede a crash is important for pensioners,…
Toronto Condo Market The Toronto housing market continues to accelerate as the pandemic eases. Although the 416 area code sees growth last quarter and in September, it’s the 905 area code that is seeing big increases in condo prices. Toronto’s condominium market fared poorly during the pandemic as few wanted to risk high density living…
China Economic Predictions It’s a challenge to describe the Chinese economy given it is a capitalist market built on top of a communist system. The country is now at a cross roads and must decide whether it can handle a free, open relationship with the rest of the world. Today’s topic is China’s effect on…
Best US Tech Stocks Given the big correction that’s hitting the DOW, S&P, NASDAQ and Russell right now, you’d have to question buying tech stocks. Tech is getting hit hard this week and the cyber attacks on the Colonial pipeline is not helping. The fact is, investors are moving away from speculative growth stocks and…
Solving Homelessness in America The issue with homelessness in the US continues into 2021. And in fact, the problem is set to worsen given home prices are rising and we’re not out of the Covid 19 pandemic recession. The issue with homelessness is simple. Not much incentive for building new housing and most of the…
Corona Virus and Real Estate Just as the recent job numbers hit a high, the real estate market is making awakening sounds. The virus and shutdown took a heavy toll on the US economy and all economies. The only country to rebound quick is China. But China’s real estate market might be in trouble as…
Is the Post Pandemic Economic Recovery Underway? As we approach June, the final month of the 2nd quarter, is it too early to speak about the economic recovery? The optimism of the stock market could help encourage more companies to resume business and for more employees to earn a pay check again. Earning a pay…
Facebook Tells Employees Their Salary will be Reduced if they Move from Bay Area What a hugely profitable 12 months Facebook had. Growth in profits rose 100% and now they’re zeroed in on monopolizing another couple of areas of business for 2020 and beyond. Their stock price is at record highs and forecasted for more…
Realtors Optimistic About Post Corona Virus Period A new report from the National Association of Realtors suggests most Realtors believe the housing market forecast is for higher prices and fewer listings. It’s great to see these sentiment reports, yet we may need to read between the lines as there is no regional data. The latest…