Tag: Basic Materials/Resources
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The Housing Market Just Hit a Wall. What’s Next for Prices, Brokers, and Builder Stocks
My summer portfolio strategy is to play the old disco hit “Baby Come Back” while slow dancing with my December brokerage statements. If it works, I have a business idea involving Hall, Oates, and a two-and-20 fee structure. At least there’s real estate. Home equity is said to be hitting record highs. Then again, taking ... -
After 2 stormy years of ‘moonshot’ house prices, don’t hold out hope for a major correction. Why COVID-era property values may be here to stay.
There is hope for first-time buyers looking to enter the U.S. housing market, but observers say they will have to be patient. After a two-year surge in home prices during the COVID-19 pandemic, the housing market is finally showing signs of cooling — in terms of demand and sales, if not those persistently high prices ... -
‘Celebrating that your job gets to live in your house rent-free’: Remote work has fueled U.S. house prices during the pandemic — so what happens when people return to the office?
Remote work has played a big part in the rise in house prices in the U.S. during the first two years of the pandemic, but just how much? Many fortunate people have had the freedom to live wherever they choose during the pandemic. John Mondragon, an economist at the Federal Reserve Bank of San Francisco ...
