Earlier this week, we considered the latest round of Federal interest rate hikes. Today, we are going to look at what these hikes are likely to mean for both residential and commercial property.
The job market got some more good news this week, as both Fitch and Moody declared it on pace to catch up to where it was pre-pandemic in 2020. And that’s great. But what does it mean about our economy, our job market’s trajectory, and federal (or in this case, the Fed) intervention?
As summer approaches, retail and service sectors find themselves in a bit of a bind. Their labor shortages have been well-documented and, as Americans return to pre 2020 behaviors, the demands on these industries will only increase. Less workers coupled with more customers is a recipe for disaster.
According to the Federal Reserve Bank of Dallas, we may be in the midst of a housing bubble, the likes of which we haven’t seen since the early 2000s. Citing “abnormal US housing market behavior” driving housing prices “increasingly out of step with fundamentals,” the bank warned that corrective policies could shock the market and burst the bubble.