Real Estate Scientist Justin Thayer's armature economist report! 09/16/2013 #realestatescientist #JustinThayer #teamthayer
Markets are bubbling! Stocks were surging, Treasuries posted modest gains in a bond market that benefited from investors' cautious tone approaching this week's Fed meeting. The FNMA 3.5% bond we watch ended the week up .09, to $98.30.
Fannie Mae reported that consumers polled in August anticipate home prices to go up 3.4% in the next 12 months but I predict we will see 2% in 12 but we will see little of that until Jan. 15 . We are plaining right now a bit and the natural slow season is setting in!
(CPI) for August is forecast to show inflation at bay. These numbers are skewed folks. You want to track inflation. Take the same candy bar in the same store every 6 months and measure the inflation rate! That is an easy number to check! It's affecting you here & now! The truth is never a good as the cooperate sponsored economic entertainment on television. I may be an armature economist but at not I providing entertainment and market manipulation through news! By the way they call it news entertainment in the business! News is only on the networks! Well the closest you will get in this lifetime!
I have do. The Housing values will start rising again By FEB 2013. Sell larger sq ft rental homes to 1041 the equity to them. Baby Bloomers are not only a huge segment of population they will be down sizing like crazy in the next 10 years. So more housing inventory killing your values while the majority of our population is not in need of them! The peak will be sometime after 2026 but to be safe plan on 2024-2025. Always better to catch the up swing than roil down hill!
Economic Calendar for the Week of Sep 16 – Sep 20
Fannie Mae reported that consumers polled in August anticipate home prices to go up 3.4% in the next 12 months but I predict we will see 2% in 12 but we will see little of that until Jan. 15 . We are plaining right now a bit and the natural slow season is setting in!
(CPI) for August is forecast to show inflation at bay. These numbers are skewed folks. You want to track inflation. Take the same candy bar in the same store every 6 months and measure the inflation rate! That is an easy number to check! It's affecting you here & now! The truth is never a good as the cooperate sponsored economic entertainment on television. I may be an armature economist but at not I providing entertainment and market manipulation through news! By the way they call it news entertainment in the business! News is only on the networks! Well the closest you will get in this lifetime!
I have do. The Housing values will start rising again By FEB 2013. Sell larger sq ft rental homes to 1041 the equity to them. Baby Bloomers are not only a huge segment of population they will be down sizing like crazy in the next 10 years. So more housing inventory killing your values while the majority of our population is not in need of them! The peak will be sometime after 2026 but to be safe plan on 2024-2025. Always better to catch the up swing than roil down hill!
Economic Calendar for the Week of Sep 16 – Sep 20
Date | Time (ET) | Release | For | Consensus | Prior | Impact |
M Sep 16 | 08:30 | NY Empire Manufacturing Index | Sep | 9.0 | 8.6 | Moderate |
M Sep 16 | 09:15 | Industrial Production | Aug | 0.5% | 0.0% | Moderate |
M Sep 16 | 09:15 | Capacity Utilization | Aug | 77.8% | 77.6% | Moderate |
Tu Sep 17 | 08:30 | Consumer Price Index (CPI) | Aug | 0.2% | 0.2% | HIGH |
Tu Sep 17 | 08:30 | Core CPI | Aug | 0.2% | 0.2% | HIGH |
W Sep 18 | 08:30 | Housing Starts | Aug | 910K | 896K | Moderate |
W Sep 18 | 08:30 | Building Permits | Aug | 943K | 943K | Moderate |
W Sep 18 | 10:30 | Crude Inventories | 9/14 | NA | –0.219M | Moderate |
W Sep 18 | 14:00 | FOMC Rate Decision | 9/18 | 0%–0.25% | 0%–0.25% | HIGH |
Th Sep 19 | 08:30 | Initial Unemployment Claims | 9/14 | 340K | 292K | Moderate |
Th Sep 19 | 08:30 | Continuing Unemployment Claims | 9/7 | 2.880M | 2.871M | Moderate |
Th Sep 19 | 10:00 | Existing Home Sales | Aug | 5.30M | 5.39M | Moderate |
Th Sep 19 | 10:00 | Philadelphia Fed Index | Sep | 9.0 | 9.3 | HIGH |
Th Sep 19 | 10:00 | Leading Economic Indicators (LEI) Index | Aug | 0.6% | 0.6% | Moderate |