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Some 50% of US Households Lost Wages During Pandemic

Key Highlights 47% of adults say their household lost employment income, according to Census Bureau’s Household Pulse Survey 39% of adults expect their households...

Podcast: Amazing Housing Rebound Is Here! | Tim and Julie Harris

As Tim and Julie predicted the housing rebound is here. While the question remains about how long this housing boom will last there is...

Money Still Available in 2nd Paycheck Protection Program Funding

Key Highlights Money still available three weeks after second go-around in PPP funding According to the Wall Street Journal, some 65% of applicants already...

Are We There Yet – a Recession or a Depression? ...

Key Highlights Many wondering whether economy in throes of deep recession or depression Most experts view recessions as being time periods with at least...

Will Another “Big Shoe” Drop in July/August?

Key Highlights Rough road ahead in housing sector due to falling appraisals, tighter loan market and glut of vacation rentals, according to Thomas Stone,...

Podcast: Pandemic 2.0 Starting Now? | Millions Fleeing Cities For Rural...

Listen now as Tim and Julie Harris drill down on the new macro housing trends that are emerging. Fear of Pandemic 2.0 is causing...

“This Is NOT the Great Depression.”

Key Highlights Lawrence Yun, chief economist with the National Association of REALTORS ® (NAR), believes COVID pandemic economy different from Great Depression economy Yun...

Record Declines in Home Sales & Listings in April

Key Highlights According to Redfin report, sharp decline in supply helped stimulate home prices upward Number of new listings in April y/y down -42.4%,...

US Homebuilding Drops to 5-Year Low in April

Key Highlights US Commerce Department and US Census Bureau report housing starts nosedived -30.2% in April, lowest level since early 2015 Housing starts tumbled...

Pandemic Economy NOT Comparable to Great Depression – “You wouldn’t want...

Key Highlights Ben Bernanke, former Federal Reserve Chair, “It’s not a very good comparison.” Carola Frydman, economic historian with Kellogg School of Management, “I...

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