First-Time Buyers Average Age a Troubling Statistic Stats from NAR shows the age of first-time homebuyers keeps rising. Yes, it’s a problem. The stat actually reflects the greater problems of the economy and the population, that life is becoming unaffordable for most, and that few politicians and corporations are willing to do anything about it….
Small Business Outlook 2025 According to the US Chamber of Commerce, 33 million small companies in the USA employ nearly half of the American workforce and represent 43.5% of America’s GDP. They’re a major economic force, hampered in the last ten years via free trade, high interest rates, and high taxes — government-induced setbacks. Times…
US Economic Outlook Investors await the FED’s next rate announcement next week, making it the ideal time to discuss the US economic outlook. There experts who don’t like the 6 month forecast believing the lagging effects of the high rates are now kicking in and will persist. Whether that weighs on the stock market or…
Sales Growth in the California Housing Market When home supply dips below 5 months inventory, it’s said to be a sellers market. In California in July, home inventory hit 2.9 months supply, up from 2.5 months last July, making the Golden State clearly a long way from being a buyer’s market. Despite intense demand, unsold…
Redfin: Number of Home Listings Drops Again According to Redfin’s latest residential US housing market report, the number of homes listed for sale in May dropped to a new record low. In a post by Lily Katz, the real estate company indicated the lower volume listed is due to high prices and borrowers who are…
US New Home Construction, Prices and Sales It’s not a reach to say that buying a new home is tops on many American’s wish list. Although demand for new homes is intense, a lack of supply is dampening those dreams of home ownership. New US home sales rose 4% across the country in October and…
Amazon’s Monopoly and Amazon Prime Walmart and Amazon: the Grocery Wars Continue. 2 of the biggest retailing giants are waging a war in the online grocery sector — a sector which has actually failed to launch previously. What both could never have conceived is the Corona Virus pandemic. It has introduced millions of new customers…