by Keith Weinhold | Nov 8, 2022 | Blog
Is the housing market more mercurial than Kyrie Irving? Not really. Some of this is predictable. 2020’s supply crash helped lead to 2022’s sales volume crash. The number of home sales are down 28% just from the start of this year (chart). Why have sales...
by Keith Weinhold | Oct 26, 2022 | Blog
The best income properties are typically outside of your home state. How do you confidently buy property “sight unseen”? I’ve bought this way successfully for more than 10 years. (I was recently interviewed on TV about it here.) Those that insist on...
by Keith Weinhold | Oct 22, 2022 | Blog
US real estate owners get to have their cake and eat it too. And I’ve always wondered, what’s the point of having cake if you can’t eat it? In Canada, most borrowers’ mortgage rates reset every five years. Sheesh, can you imagine your monthly...
by Keith Weinhold | Oct 22, 2022 | Blog
In times of high inflation, what happens to rents? The freshest annual CPI inflation number reported at 8.2% on October 13, 2022, exceeding expectations. The Producer Price Index soared too. Tracking wholesale prices, it’s a more forward-looking inflation...
by Keith Weinhold | Oct 8, 2022 | Blog
Are we in a recession or not? We’ve got two consecutive quarters of GDP contraction. Nearly every part of the US economy seems to be slowing down. The semi-vibrant jobs market is the last holdout. It’s what has kept some, like the NBER, from making the...
by Keith Weinhold | Oct 8, 2022 | Blog
Never before have world central banks raised interest rates by these amounts at the same time. Mainstream media keeps reporting that it’s a bad time to buy a house amidst spiked interest rates. It’s a message for, well, the mainstream. It’s directed...