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BEA: Personal Income increased 0.2% in September, Core PCE prices up 1.5% year-over-year

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BEA: Personal Income increased 0.2% in September, Core PCE prices up 1.5% year-over-year

The BEA released the Personal Income and Outlays report for September: Personal income increased .7 billion, or 0.2 percent … in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased .0 billion, or 0.2 percent.…Real PCE — PCE adjusted to remove price changes — decreased 0.2 percent in September, in...
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Should You Invest in Real Estate With Your IRA?

Should You Invest in Real Estate With Your IRA?

The financial markets have been quite finicky and lackluster over the past several years, with many stocks barely managing to break even after weathering the last financial crisis in 2008.  Pension plans have traditionally invested in stocks and bonds with a moderate to low...
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Schedule for Week of October 26th

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Schedule for Week of October 26th

The key report this week is Q3 GDP on Thursday. There will be an FOMC meeting on Tuesday and Wednesday, and the FOMC is expected to announce the end of QE3 on Wednesday. —– Monday, October 27th —–10:00 AM ET: Pending Home Sales Index...
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Friday: New Home Sales

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Friday: New Home Sales

The Inland Empire comes full circle … from the Chris Kirkham at the LA Times: Strong growth is forecast for Inland Empire he Inland Empire is now the fastest-growing region in Southern California — a trend predicted to continue over the next five years,...
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Wednesday: Consumer Price Index

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Wednesday: Consumer Price Index

Here is a forecast for 2015 from the MBA: MBA Sees Originations Increasing Seven Percent in 2015 The Mortgage Bankers Association announced today that it expects to see .19 trillion in mortgage originations during 2015, a seven percent increase from 2014. While MBA anticipates...
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The 2014 Forbes 500 Housing Markets

The 2014 Forbes 500 Housing Markets

Every year we pull together data for Forbes to publish their 500 most expensive real estate zip codes. This year’s was published a week or so ago, and is more dominated by New York City than previous years. In previous years, the most expensive...
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Sunday Night Futures

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Sunday Night Futures

From Merrill Lynch on Oil: The plunge in oil prices, if it proves persistent, could end up being the big economic story. Energy prices have fallen very sharply in the past three months. Brent oil prices have declined from around 0/bbl in July to...
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Bank Failure Friday: NBRS Financial, Rising Sun, Maryland,15th Failure of 2014

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Bank Failure Friday: NBRS Financial, Rising Sun, Maryland,15th Failure of 2014

This is the first bank failure since July! From the FDIC: Howard Bank, Ellicott City, Maryland, Assumes All of the Deposits of NBRS Financial, Rising Sun, Maryland As of June 30, 2014, NBRS Financial had approximately 8.2 million in total assets and 3.1 million...
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Thursday: Industrial Production, Unemployment Claims, Homebuilder Survey, Philly Fed Mfg Survey

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Thursday: Industrial Production, Unemployment Claims, Homebuilder Survey, Philly Fed Mfg Survey

Just a highlight of a few prices … Brent oil futures are down to .78 per barrel, down from 0 a year ago. National gasoline prices are down to .18 per gallon and under .00 in many states.  This is down from .35 per...
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