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Wage growth downtrend kills 1970s inflation fear

Housing Wire

Given Friday’s job report , those who have been concerned with entrenched 1970s inflation — which would lead to double-digit mortgage rates — can put their disco shoes back in the closet. Let this sink in; while the labor market was booming in 2022 and 2023, the fear of a wage spiral never materialized. percent, the U.S.

Mortgages 492
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Is the market pivoting ahead of the Fed?

Housing Wire

The entire economic landscape, including mortgage rates, has changed this week, starting with the Fed’s talking points on Wednesday. This will be important to think about going into 2023, especially if the labor market does what the Federal Reserve wants it to do, which is slow down enough to create a job loss recession.

Marketing 493
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What’s On Your Real Estate Mind For 2024? (Pt2)

Toronto Realty Blog

Let me throw some skin in the game here: my mortgage comes due in November of 2024. Let me throw some skin in the game here: my mortgage comes due in November of 2024. It’s been at the back of my mind since the spring of 2022 when interest rates started increasing, but it’s not something that I think about every day.

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Is It The Private Sector’s Job To Build Affordable Housing?

Toronto Realty Blog

Over the last year, I have noticed an increasing number of newspaper articles, opinion pieces, or quotes on social media that seem to “blame” the private sector for the housing crisis. The grocery industry came under attack this year as politicians lined up to blame inflation and the cost of food on “greedy grocers.”

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Is It Time To Blame Investors For High Housing Prices?

Toronto Realty Blog

1) The government. 1) The government. TorontoRealtyBlog Here’s a new one: why don’t we “blame” the current housing prices on the natural forces of supply and demand in a free market? What fun would that be? We need a scapegoat! A so-called boogeyman. Yes, blame. As I said: I was going to.

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Monday Morning Quarterback: Forcing Seniors From Their Homes Isn’t The Answer!

Toronto Realty Blog

TorontoRealtyBlog Once upon a time, I would pen a “Friday Rant” or a “Monday Morning Quarterback,” hit Publish , and just sit back and relax. Million new homes in ten years, or whatever other impossible “solutions” are being offered. Those were the days. But today, I’m doubling-down!

As-is 71
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103 Real Estate Jokes, Puns & Pick-up Lines You Haven’t Heard 1,000 Times

The Close

Is the market roller coaster of 2023 getting to you? Need a little pick-me-up? Perhaps a healthy dose of real estate jokes, puns, and pick-up lines is just what the doctor ordered to get you back on track. Check out this alarming article from ClickHole that every agent should read. He’s so dreamy. What’s your IQ?”

Agents 145