The recent low jobs report and Brexit decision could cause economic uncertainty. However, a recent report from Capital Economics shows there is nothing to fear. In fact, the economy is nearing full employment and GDP continues to increase.
The likelihood of a Federal Reserve interest rate hike in 2015 just got even more unlikely, with September job creation cratering to a weak 142,000, well below analyst expectations. Here's what it means for housing and what it portends for the larger economy.
Employers stomped on the brakes in March, adding a mere 126,000 jobs and dragging the monthly average for the first quarter down to less than 200,000 per month. Think the Fed will hike rates if the downtrend continues?
One media report quoted DeMarco as saying that in the past year we have seen a renewed policy focus on questions regarding access to credit, which, in his view can risk repeating the approach that contributed to the financial crisis. There are many other warning signs, as well.
Is there a housing bubble forming? Where are home prices heading? What about starts? What are the growth prospects for non-agency? Housing experts at ABS Vegas offered their answers, and now you can read them.
The small uptick this past month may be another positive sign that a strengthening economy is bringing discouraged workers back into the workforce, but workforce participation does remain below the 2010-2014 average. Here are the details.
For many observers, “skin in the game” is synonymous with a large down payment that limits lender or investor risk. However, skin in the game can be defined much more broadly, since financial investment is only one factor that mitigates risk.
The Silicon Valley area added 385,000 jobs between 2010 and 2015, but only issued building permits for 58,000 units in that same time frame, creating an unsustainable housing marker that shuts out all but the richest buyers. What, if anything, can be done to cool off skyrocketing home prices?