7 January 2021 | 4 replies
This combined with the buyers market will mean sellers will be more open to creative deals and owner financing.I suspect rent rates will stagnate near the mid to top of the market but due to demand, low income rates will continue to go up.I suspect demand for low income rental units will skyrocket as the economy slows or stalls.For me, this plays into my low income model because all of this will create higher demand for low income housing and allow me to bargain shop for value add mobile home parks to buy cheap and with cheap owner financing.But, I'm not an economist and this is just my 2 cents.
12 January 2021 | 3 replies
However, economists estimate true unemployment is several points higher because the official jobless rate doesn’t include over 4 million people who left the labor force last year.
8 March 2021 | 0 replies
The official unemployment rate, meanwhile, slipped to 6.2% from 6.3% (although economists widely believe the real rate is much higher).
13 February 2022 | 21 replies
Follow the economists, they predict the market and are the best way to gauge our economic future.
17 March 2021 | 0 replies
Thursday’s data don’t show how wealth is distributed across income levels—an important asterisk at a time when many economists say the gap between rich and poor is likely widening due to the pandemic’s outsize impact on low-wage workers, women and minorities, Paul Kiernan reports.Tariq note: all of the other articles we’ve seen shows that the top 10% has harvested almost all of this gain in net worth from stocks.
1 April 2021 | 14 replies
(There is no #2, for single family homes).At least this is my view; what do I know, I'm not an economist.
23 March 2021 | 1 reply
The level was down 29.5% from February 2020, a record annual decline, according to NAR.The inventory shortage was the key reason why existing-home sales dropped 6.6% in February from January to a seasonally adjusted annual rate of 6.22 million, said Lawrence Yun, NAR’s chief economist.
27 March 2021 | 8 replies
84 out of 100 Economists interviewed by Zillow picked Austin as the best place to invest in the whole US.
25 September 2020 | 6 replies
Regarding the points you make: (1) Kapolei as a 'second city' has been toted for over 30+ years, but I'm not sure what that really means anymore - how much more industry is going there, I'm not sure; (2) the rail project is, well, fraught with scandal and misappropriation of funds, and I'm not sure if the usage is going to be what was projected at the beginning - the cost of the rail is an endless pit, which I'm pretty sure more taxes will need to take care of; (3) how much more appreciation will be needed to recapture the additional 15% to refi and eliminate the PMI - are you positive that it can appreciate that much more; (4) Remember, Covid really hit Hawaii hard and economists expect that the economy won't return for a couple of years.
5 October 2020 | 1 reply
Every month, the employment data released by the Bureau of Labor Statistics is the most highly anticipated and closely watched by economist to gage the condition of our economy.