US Economy Outlook Are we to believe the weak 2023 GDP and economic forecasts for 2023? Can an economy bursting with demographic demand, high immigration, rich corporations be contained? And given that the economy is entirely dependent on politicians and their employees, would they be willing to drive it into the ground as China reopens and…
Florida Real Estate Market Buyers and sellers are likely feeling a little more optimism about the housing market in February. Inflation seems to be easing, jobs numbers are strong, interest rates may be topping out and GDP numbers came in okay for the 4th quarter. That of course translates well for the state of Florida….
Stock Market Forecast for the Next 6 Months Investors sitting on the sideline are feeling the fear of missing out already as the first half of 2023 unfolds. It’s a difficult time for forecasters and picking stocks is nothing short of gambling. Still, if the market is flat, investors big and small will be looking…
Probability of a Real Estate Market Crash: Medium What is the risk of a severe housing market downturn in 2023? Are we at the peak of negative factors, or is there more coming in the next 3 to 6 months? As you’ll read below, Goldman Sachs forecast is for an additional 8% decline in new…
The Best Stocks to Buy The Dow Jones, NASDAQ, S&P and Russell 2000 have all fallen into a funk the last 9 months. It’s a pessimistic mood driven by rising rates, the Russian war, looming issues with China, high commodity and oil prices, and the withdrawal of big Fed stimulus money. The Fed plans to…
Back To School Economic Boost Is back to school an important aspect of the current stock market forecast? Predictions are for a big return to school season and it’s going to lift the economy. The National Retail Federation forecasts that total spending on back-to-school materials could reach a record of $37.1 billion up from $33.9…
Is the US Headed for a Recession? Recession Watch 2023: Is the possibility of a recession next year just negative thinking or is it clear thinking? Many don’t want to consider the unthinkable, yet we know what the signals are and how we’ll respond. Increasingly, the prediction of a recession is reaching full consensus with…
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…
Will Taxing The Rich Stifle Investment in the USA? President Biden and the Democrats are pushing ahead with another facet of their agenda, that of taxing the super wealthy. Well, what could possibly go wrong with that? While few Americans oppose the general intent of taxing the rich, it has to be asked whether this…
San Diego Home Prices Keep Climbing Pandemic or not, San Diego real estate is a much desired thing. House prices in the city of San Diego June rose to an average of $1,080,000 while it was $1,114,122 within San Diego County (up 29% from 12 months ago). The median home price countywide in June was…
Chicago Housing Market Update Buyer demand combined with lower construction output are helping to raise prices in the Chicago real estate market. Prices rose steeply in March 2021, as did the number of home sales. Similar to most housing markets across the country, housing supply and big demand from millennials wanting to buy at low…
Atlanta Housing Market Report Atlanta was ranked 18th of the nation’s major housing markets for price growth in February, but in March home prices jumped almost 16% year over year, showing Atlanta’s real estate scene is coming alive. Atlanta Realtors Association reports a solid month for residential home sales via the MLS. Remax has slightly…
Housing Metros Likely to Crash As the US moves toward the end of the Covid pandemic, flush with cash from stimulus bailouts and payments, it’s hard to imagine a risk for a housing market crash. But it’s not right now, or even 2021 that is the real risk. It’s the pressure of a housing bubble…
The Canadian Economic Forecast The International Monetary Fund says Canada is the leading G7 Country How odd is it in 2018, that a country on the verge of trade wars, real estate collapse in its major cities, flat wage growth, mediocre job growth, merciless consumer debt, and a sagging national housing market would be cited…
