In a word, housing is booming. Data released this week shows sales of newly-built homes at a 14-year high. The Census Bureau’s August report shows an eye-popping 43% year-over-year increase in the sale of newly-built homes. Recently, the National Association of Realtors reported that sales of existing homes also increased …
Read More »The housing industry remains a silver lining for the United States economy as the rapid spread of coronavirus (COVID-19) continues. The 11-year bull market on Wall Street came to an end this week as the Dow Jones Industrial Average dropped to 20% below its peak, putting it into bear territory. …
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Low unemployment rates, rising wage growth, a relentless bull market — by many measures, the good times are rolling. Just ask President Trump, who is glad to take credit for “the greatest economy in our nation’s history.” But there is an ugly side to this boom that you obviously won’t …
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