Stock

Zillow Case-Shiller Forecast: House Price Gains “Primed for an Upswing”

The Case-Shiller house price indexes for November were released yesterday. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Matthew Speakman at Zillow: November Case-Shiller Results and December Forecast: Primed for an Upswing The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose […]

Stock

FOMC Statement: No Change to Policy

FOMC Statement: Information received since the Federal Open Market Committee met in December indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending has been rising at […]

Estate Planning

How the Medicare App Can Help You

Medicare is a federally funded health care program that most seniors rely on to cover the costs associated with health care services. Understanding the rules and procedures of the Medicare program, however, can be frustrating for seniors. Now there is an app that can help. An Indianapolis elder law attorney at Frank & Kraft explains […]

Stock

NAR: “Pending Home Sales Skid 4.9% in December”

From the NAR: Pending Home Sales Skid 4.9% in December Pending home sales fell in December, taking a step back after increasing slightly in November, according to the National Association of Realtors®. Each of the four major regions reported a drop in month-over-month contract activity, with the South experiencing the steepest fall. However, year-over-year pending […]

Real Estate

Survey: What Do First-Time Homebuyers Want From the Government? Lower Interest Rates

Lower interest rates beat out tax credits, easier lending standards, and increased home construction according to a new Redfin survey Interest rates are currently at historic lows, but 66% of first-time homebuyers would like them to be even lower according to a new survey conducted by Redfin. The three most popular government actions among first-time […]

Real Estate

Where Have All the Houses Disappeared To?

If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report […]

Tax

The lessons from an excess of consulting

As the FT has reported: Britain’s exit from the EU may be tumultuous but it has delivered a bonanza for consultants, with central government keen to hire their services. Eight of the biggest firms — PwC, Deloitte, EY, KPMG, McKinsey, BCG, Bain and PA Consulting — enjoyed a 20 per cent increase in the value […]