by @thatbeardedrealtor (Marcus Roper) | Dec 10, 2019 | News
Are we headed to a recession? While we survived the year of RECESSION OBSESSION without a recession, it appears we came rather close to a recession in 2019, hence the Fed’s actions to prevent one: Jerome Powell engineered an about-face in U.S. interest-rate...
by @thatbeardedrealtor (Marcus Roper) | Dec 5, 2019 | News
Mortgages Mortgage application volume decreased 9.2% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results also include an adjustment for the Thanksgiving holiday. Refinance weakness caused the overall...
by @thatbeardedrealtor (Marcus Roper) | Nov 22, 2019 | News
CoreLogic Reports Low Rental Inventory Levels are Pushing Rent Prices Up —U.S. single-family rent prices increased 3% year over year in September 2019— – Phoenix had the highest year-over-year rent price increase at 6.7% – Low-end rent...
by @thatbeardedrealtor (Marcus Roper) | Oct 30, 2019 | News
Rate Cuts Today Wall Street is bracing for what seems almost assuredly to be a third interest rate cut in as many meetings of the Federal Reserve this afternoon. (Marketwatch) Debt & Money Markets In 2010, average Chinese workers saved 39 cents of every dollar...
by @thatbeardedrealtor (Marcus Roper) | Oct 29, 2019 | News
California Crisis More than 25 million people in California are under red flag warnings as firefighters continue to battle blazes throughout the state. The10 active wildfires, including the Kincade Fire, Tick Fire, and Getty Fire, have caused thousands of...