Feb. Consumer Confidence Down – but Only a Bit
The index fell to 110.5 from Jan.’s 111.1. Attitudes about current conditions improved, however, while attitudes about the future were less rosy.
A Higher March Interest-Rate Hike? Fed Discussing It
While most Federal Reserve Governors seem to favor a 0.25% March interest-rate increase, one gave a speech suggesting she’d be OK with 0.50%.
Competition Pushes Investors into Tertiary Markets
“Flyover country” is becoming “best place to invest in real estate” country as investors seeking higher yields focus on places like Manhattan, Kansas.
More Buyers Drop Out Due to Prices, Stress
Buyers can only lose so many bids before “stop trying for now” starts to sound good. Moderating prices result, in part, from buyers deciding to wait.
Vacation Rentals Look More Like Theme Parks
How to maximize short-term-rental profit? To stand out from online competition, more are offering amenities such as themed bedrooms and private arcades.
Nov. U.S. Home Prices Up 18.8% Year-to-Year
The increase in the top 10 and top 20 cities in S&P CoreLogic Case-Shiller Index’s was slightly less, but Phoenix, Tampa and Miami had highest year-over-year gains.