Tag

interest rates

Oops! Washington Post Says “Nearly 15 Million Homes Sold Nationwide in April, May and June”

Fake Housing News? More Like a Missing Decimal Point Nearly 15 million homes sold nationwide in April, May and June, according to new data released last week by the Commerce Department and National Association of Realtors.” –“2020 is the Summer of Booming Home Sales ” and Evictions”; The Washington Post (7/27/2020). Maybe it was due...
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In 2008 the Fed Bought Bonds (and Kept Buying and Buying). Will it Buy Equities Now?

Quantitative Easing for Stocks [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] With the Dow in free fall, investors are looking to the cavalry (the Fed) to once again...
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“It’s 1:45 p.m. Do You Know What the Dow’s Doing? No? Good!!”

Plunge in Dow, Interest Rates Continue; Airline Stocks Hit [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire. If you want an upbeat take on the market . . ....
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Housing Winners & Losers . . . in EVERY Market

The Four Types of Housing Market Participants, in One, Easy-to-Explain Graph Every housing market has its winners and losers. Every housing market. So, a decade ago, when the market was tanking, the big winners were first-time Buyers ” at least ones with (good) jobs and unblemished credit. With rock-bottom prices and an ocean of inventory,...
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The Federal Reserve’s Gift to Summer 2019 Home Buyers (Sellers, Too)

Booster Shot for Housing Market “10-Year Treasury Yield Falls Below 2%, Defying Expectations.” —Wall Street Journal headline (6/20/19). Thanks to diving interest rates, the housing market is getting a booster shot entering a time of year (mid-Summer) when things customarily start to slow down a bit. How dramatically have rates fallen? In just six weeks,...
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How Will Rocky Stock Market Affect Housing?

All Eyes on the Fed How will rocky stocks — down another 2% in early trading today — affect the housing market? My knee-jerk response is to cite Chinese leader Mao Zedong, who, when asked (in 1950), “What’s the significance of the French Revolution?,” responded, “it’s too soon too tell.” So, if stocks quickly rebound in the...
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