Hyperinflation

The Federal Reserve has tripled the monetary base over the last four years and inflation remains below two percent. Despite the Fed’s money pumping, hyperinflation is not afoot. For an analysis of how allayed inflationary fears will lead to a more robust real estate recovery, see the upcoming October issue.  Hyperinflation, meet the Boogie Man…

On the highway to a real estate recovery

The trail to a recovery in home sales volume is blazed by auto sales. California auto sales, based on the state’s share of national auto sales, increased in August 2012, continuing to buck the bumpy plateau recovery path which still restrains home sales. The enduring slowness in job creation, tightened mortgage standards and lack of end-user homebuyer…

Weekly Real Estate Statistical Update

Changes in homebuyer opinion are based on the answers to two questions: The blue line – “Looking ahead, do you think that a year from now you and your family will be financially better off, worse off or just about the same as now?”; and the red line – ” Generally speaking, do you think now…

Auto sales predict home sales

Home sales likely increased this June, as General Motors reported a 16% increase in auto sales in June 2012, selling more vehicles last month than in any other month in the past four years. Chrysler, Ford and Toyota also reported strong increases in sales volume this past month.  We await the June home sales volume…