2023
How to Create a Realistic Retirement Budget
New Home Sales Look Like They Want to Bounce
The Census Bureau’s regularly scheduled monthly report on New Home Sales was released this morning. The annual pace of 616k was right in line with the median forecast of 617k. This is technically an improvement, but only because the previous month was revised down to 602k from 640k. In the big picture, it doesn’t much matter if today’s data is a bit better or worse than last month’s. It’s unequivocally better than it was on several occasions in the middle of 2022 when the annual pace was closer to 550k. If sales can avoid revisiting that territory, 550k will increasingly look like a long-term floor in the bigger picture. If sales numbers are finally bouncing, some credit could go to inventory finally doing the same. After being squeezed down to all-time lows in early 2020, new home inventory slowly began to grow. It didn’t eclipse 2019’s highest levels until several months into 2022. We can credit the combination of sharply higher rates and prices for sapping demand and leaving excess inventory on the shelf for builders. Here too, the chart looks like it wants to bounce (but against a ceiling for inventory as opposed to a floor for sales numbers). It’s a bit too soon to declare victory. Whereas 2022 was clearly a year for rising interest rates, it remains to be seen how quickly that trend will be reversed in 2023. If inflation continues to fall and the economy softens, rates can come down faster. This isn’t the only input for New Home Sales of course, but when the average 30yr fixed rate was well over 7%, it was certainly keeping more prospective buyers on the sidelines versus the mid-to-low 6’s seen over the past 2 months.
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68k salary is a solid hourly wage when you think about it. When you get your first job and you are making…
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5 Tips to Pick the Right Real Estate Agent
When youâre looking to buy or sell a home, there are a lot of things to consider. However, all home buyers and sellers will agree that the fastest, easiest process […]
The post Blog first appeared on MilitaryVALoan.com.
What Is Auto Insurance and Why Do You Need It?
Auto insurance is more than just a legal requirement: Itâs a way to protect yourself (and your property) in case you cause an accident.
Vanguard Sees Non-U.S. Equities, Emerging Market Bonds as Top Sectors in 2023
Vanguard has released its January 2023 investment and economic forecasts, and there are some interesting projections that all investors should consider. The forecast predicts faster economic growth in China than in the U.S. or Europe. When looking at investments, Vanguard ⦠Continue reading â
The post Vanguard Sees Non-U.S. Equities, Emerging Market Bonds as Top Sectors in 2023 appeared first on SmartAsset Blog.
Lower taps wholesale expert as head of operations
“We’re fortunate to have a leader of Julia’s caliber already within our team,” Lower CEO Dan Snyder said in a statement. “She has the institutional knowledge and tenacity to improve upon our support teams’ elite operations. She has proven herself time and time again in each new role she’s taken on, and this will be … [Read more…]
Budget 2023: How Can Rising Rates Of Interest On Home Loans Be Spurred? Basic Home Loan Founder Opines – India.com
Budget 2023: How Can Rising Rates Of Interest On Home Loans Be Spurred? Basic Home Loan Founder Opines India.com
Interior Designs Trends 2023 â What’s In and Out for Home Decor – Cosmopolitan
Interior Designs Trends 2023 â What’s In and Out for Home Decor Cosmopolitan