The data is in jobless claims were forecasted to be 207k and came in at 187k. Why should you care? It measures the number of individuals that have filed for unemployment. A higher than expected data point would have been taken as negative or bearish for the US dollar, where a lower than expected dataContinue reading “Jobless Claims decreased (E15)”
Category Archives: Uncategorized
Another rate pause (E14)
The Federal Reserve has once again opted to maintain its current interest rates, heralding positive developments for prospective homebuyers. Notably, mortgage rates have experienced a decline, currently resting in the 6% range. Consequently, the present moment stands as an opportune period for those contemplating the acquisition of residential property. It is advisable to act swiftly,Continue reading “Another rate pause (E14)”
Fed decision (E12)
The Federal Reserve will make its decision regarding potential rate increases in the first week of November, and we are diligently tracking the economic data for insights. What is your opinion on this matter?
FOMC Minutes (E11)
The imminent release of the Federal Reserve minutes at 11 AM today prompts speculation about the potential impact on the stock market. It appears that the market may experience a downward trajectory, possibly driving it towards the 428 level, given the Federal Reserve’s current hawkish stance.
The Fed decides to Hold rates (E10)
The Federal Reserve has chosen to temporarily halt its pursuit of raising interest rates; however, it asserts its willingness to implement rate hikes if deemed essential, a stance it intends to uphold until the culmination of the year. With the impending Federal Reserve meeting scheduled for next month, a pertinent inquiry arises: will they persistContinue reading “The Fed decides to Hold rates (E10)”
CPI print this week (E9)
The upcoming release of the CPI this week raises the question of whether the Federal Reserve will opt to raise interest rates or maintain their current stance. Speculation regarding this decision is prevalent, and many are curious about the Fed’s intentions in response to the CPI data. To get an accurate understanding of the Fed’sContinue reading “CPI print this week (E9)”
The Fed remains Hawkish (E8)
The Federal Reserve, the central banking system of the United States, continues to demonstrate its unwavering commitment to maintaining a steady 2% inflation rate target. This target serves as a crucial pillar of the Federal Reserve’s monetary policy framework, aimed at promoting price stability and fostering sustainable economic growth. By adhering to this objective, theContinue reading “The Fed remains Hawkish (E8)”
Buyer’s continue to overbid! Is low housing inventory driving prices up? (E7)
Overbidding on houses is contributing to the upward surge in prices due to the basic principles of supply and demand. As demand for housing increases, particularly in competitive real estate markets, buyers are willing to pay more than the asking price in order to secure their desired properties. This excess demand puts pressure on theContinue reading “Buyer’s continue to overbid! Is low housing inventory driving prices up? (E7)”
Let’s discuss Senate Bill 9 (E5)
The California Senate Bill 9, also known as the Housing Opportunity and Mobility Expansion (HOME) Act, allows for the construction of up to four residential units on a single-family lot, where local zoning ordinances allow for it. Here is a brief overview of the process: By allowing greater flexibility in land use, SB-9 aims toContinue reading “Let’s discuss Senate Bill 9 (E5)”
What is an ADU? (E4)
An Accessory Dwelling Unit (ADU), also known as a granny flat, in-law suite, or backyard cottage, is a secondary dwelling unit with complete independent living facilities, such as its own kitchen, bathroom, and sleeping area within a single-family home’s lot. ADUs are used for various purposes, including providing additional housing for family members, rental income,Continue reading “What is an ADU? (E4)”
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