Los Angeles Housing Market It’s good times for home sellers in Los Angeles County where prices just keep rising. And homes are selling fast. The average home price in LA County hit $680,000, which was up $125,000 vs 12 months ago. That’s the second-highest year-over-year gain. Unfortunately, LA is now considered the least affordable place…
Housing Market Crash Ahead? Buyers are obsessed with the question of if house prices will fall this year, while many homeowners are wondering if they should sell their house fast as prices appear to be peaking. There’s been talk of a housing crash for years now and it never happened. Some had such strong convictions about…
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…
Stock Market Crash? The mini-correction on Friday and Monday, seems to be reversing itself, but is this whip saw volatility in the stock market warning us of confidence issues with investors? Could we possibly be missing which crash factors will determine the fate of this bull market? Or is this market heading for new highs,…
Toronto Condo Market Forecast Toronto condominium sales started to recover early in 2021 and it looks like the condo market is heating up fast. The initial quarter gives a better picture of the momentum in demand for condominiums in the city and the greater Toronto region (GTA). With Covid 19 beginning to recede, and ultra…
China Economic Forecast 2021 While China launched the deadly Corona Virus plague around the world, it is becoming one of the few to escape the pandemic economically. China’s economy was looking dour during the summer of 2020 and forecasts were for a 4.4% decline in GDP for 2020. New forecasts are for up to 9%…
Homeless 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…
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…