The economy is looking great in 2018. Despite the recent stock market rout, many underlying fundamentals remain very bullish. That is, all but the housing market. This significant barometer of economic health has started to slip lower. At first glance, the slowdown appears to an aberration in the overall bullish picture. However, a closer look reveals that the underlying drivers of the housing slowdown may be long term. —Recommended Link— 10 Stocks That Must Be In Your Portfolio By 12/31/2018 From beverage behemoths to cybersecurity firms and everything in between–Get your hands on our just-released top 10 “must own”… Read More
The economy is looking great in 2018. Despite the recent stock market rout, many underlying fundamentals remain very bullish. That is, all but the housing market. This significant barometer of economic health has started to slip lower. At first glance, the slowdown appears to an aberration in the overall bullish picture. However, a closer look reveals that the underlying drivers of the housing slowdown may be long term. —Recommended Link— 10 Stocks That Must Be In Your Portfolio By 12/31/2018 From beverage behemoths to cybersecurity firms and everything in between–Get your hands on our just-released top 10 “must own” stocks for 2019 absolutely free. Claim your copy of the Top 10 stocks for 2019 NOW. Consumer confidence is soaring, unemployment is at historic lows, and wages are trending higher. By most analyses, these factors should lead to a thriving housing market. It only makes sense that happy consumers combined with higher salaries and greater employment numbers lead to soaring housing, right? #-ad_banner-#Wrong! There a four primary metrics that have placed a damper on housing. First, mortgage interest rates have ramped higher by 100 basis points since 2017. Even such a small increase acts negatively on home affordability for many… Read More