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Articles by Treh Manhertz
Hispanic homeowners narrow home value gap to smallest margin on record
Hispanic homeowners have made strides in narrowing the home value gap with white homeowners over the past two years, regaining ground lost during the pandemic. The gap is now the narrowest ever observed. Hispanic-owned homes are currently worth 11.9% less than homes owned by non-Hispanic white households, down from 12.1% last year and a recent high of 12.4% in December 2021.
Renters are Looking for Perks Like Pet Areas and Happy Hours Over Gyms and Pools
Today’s most in-demand rental amenities are not traditional luxury amenities like a fitness center, pool or business center. Listings with a turfed pet area, coworking space or community happy hours are drawing more interest as renters appear to be prioritizing practical amenities and community-focused perks.
Renters are Looking for Perks Like Pet Areas and Happy Hours Over Gyms and Pools
Treh Manhertz September 19, 2024 at 8:12 AM·3 min read Today’s most in-demand rental amenities are not traditional luxury amenities like a fitness center, pool or business center. Listings with a turfed pet area, coworking space or community happy hours are drawing more interest as renters appear to be prioritizing practical amenities and community-focused perks.
Digital Currency And Gold As Speculative Warnings
Over the last few years, digital currencies and gold have become decent barometers of speculative investor appetite. Such isn't surprising given the evolution of the market into a "casino" following the pandemic, where retail traders have increased their speculative appetites. "Such is unsurprising, given that retail investors often fall victim to the psychological behavior of the "fear of missing out." The chart below shows the "dumb money index" versus the S&P 500.
Aging at AACR Annual Meeting 2024
One month after the inflation outlook tracked by the NY Fed Consumer Survey extended their late 2023 slide, with 3Y inflation expectations in January sliding to a record low 2.4% (from 2.6% in December), even as 1 and 5Y inflation forecasts remained flat, moments ago the NY Fed reported that in February there was a sharp rebound in longer-term inflation expectations, rising to 2.7% from 2.4% at the three-year ahead horizon, and jumping to 2.9% from 2.5% at the five-year ahead horizon, while...
NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism
A Zillow analysis of 2023 home sales finds homes listed in the first two weeks of June sold for 2.3% more. The best time to list a home for sale is a month later than it was in 2019, likely driven by mortgage rates. The best time to list can be as early as the second half of February in San Francisco, and as late as the first half of July in New York and Philadelphia.
Homes listed for sale in early June sell for $7,700 more
Last month we though that the January jobs report was the "most ridiculous in recent history" but, boy, were we wrong because this morning the Biden department of goalseeked propaganda (aka BLS) published the February jobs report, and holy crap was that something else. Even Goebbels would blush. What happened? Let's take a closer look. On the surface, it was (almost) another blockbuster jobs report, certainly one which nobody expected, or rather just one bank out of 76 expected.
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