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Like most entrepreneurs, you bury yourself in your business — between hiring and managing employees, daily tasks and masterminding how to scale your business. Every dime goes right back into feeding the growth of your company. You can’t consider one more item on your to-do list, especially an endeavor like buying real estate. I’m writing this […]

Housing Sales Forecasted to Hit Trough in Q2 2023 Before Beginning to Rebound WASHINGTON, DC – After rebounding at a 2.6 percent annualized rate in Q3 2022 on the strength of net exports, real gross domestic product (GDP) is projected to turn negative again in the fourth quarter as the temporary boost from international trade […]

The economy has been one of the most important issues for Americans ahead of the midterm elections. Nearly everything has become more expensive compared to a year ago. The cost of food, rent, energy, medical care, and new cars has soared in the past year. Rising prices have weighed heavily on the minds of voters who […]

Home buyers are looking for ways to whittle down their mortgage rates. As a result, a once-popular home-selling tactic is making a comeback. It’s called a temporary buydown, and it was widely used when mortgage rates were zooming upward in the late 1970s and early 1980s. The revival of the temporary buydown is timely, as […]

Whether you’re an investor, an entrepreneur, or a person with a pulse navigating the world, you have an inherent level of risk tolerance. It’s the amount of risk that you’re comfortable taking – what you’re willing to lose.   If you’re an investor, striking a balance between what you could win versus what you could lose comes […]

JPMorgan Chase CEO Jamie Dimon on Monday warned that a “very, very serious” mix of headwinds was likely to tip both the U.S. and global economy into recession by the middle of next year. Dimon, chief executive of the largest bank in the U.S., said the U.S. economy was “actually still doing well” at present and consumers were […]

As a consumer, you’ve probably heard how inflation affects the prices of the things you buy. And in recent months, your bank account has likely felt the effects of rising prices, especially after a trip to the grocery store or gas station. Inflation measures the increase in prices for goods and services over time. As prices […]

YOU SAY YOU WANT A RECESSION, WELL YOU KNOW… WE ALL WANT TO CHANGE THE WORLD… It is unlikely that the Beatles would have envisioned the British Pound sinking to historic low levels against the U.S. dollar, but that is exactly what happened this past week. The genesis of this may be from overzealous, anti-inflationary measures […]

Here’s what the housing market may have in store. It’s fair to say that 2022 has been quite the year for the real estate market. Early on, would-be buyers were in a really tough spot. The housing market sorely lacked inventory, and home prices went through the roof. Over the past few months, though, the […]

The Federal Reserve will likely raise its target federal funds rate by another 0.75 percentage point as early as next week, according to news reports. Fed officials have already raised benchmark short-term borrowing rates 1.5 percentage points this year, including June’s increase of 0.75 percent, the largest hike in nearly three decades. Within this context, […]