May 2021

Taper Tantrum 2.0 any day now
  Joshua M Brown (thereformedbroker.com) and   Julian Hebron (thebasispoint.com)
May 7, 2021
 
 

<ul><li>It wasn’t until December of that year, seven months from the initial telegraphing, that the Fed would indeed announce a tapering of asset purchases.</li><li>And then, on December 15th 2014, after a full years of tapering asset purchases and stroking the market’s back in speech after speech as though it were a frightened, anxious child, the Fed hiked interest rates by a quarter of a point.</li></ul>

/ Read More

New York Times: The Economic Boom That Wasn’t
  Neil Irwin (nytimes.com) and   Julian Hebron (thebasispoint.com)
May 7, 2021
 
 

<ul><li>Employers added only 266,000 jobs last month, the government reported Friday morning, not the million or so that forecasters expected.</li><li>Which is why there is now a trashed draft of this article explaining how the April jobs numbers show what a hyper-speed economic recovery looks like.</li></ul>

/ Read More

3 Keys to Targeting Young Homebuyers
  realestateconsulting.com and   Julian Hebron (thebasispoint.com)
May 7, 2021
 
 

<ul><li>To attract the younger buyer, we highlight our housing, demographic, and consumer research which leads to opportunities in marketing and home design.</li><li>With the median age of an entry-level buyer at 33, according to the National Association of Realtors, we believe demographics will continue to support strong home buying demand for the next several years.</li></ul>

/ Read More

3 Keys to Targeting Young Homebuyers
May 7, 2021
 
 

The largest age group in the US today is 27 to 31 years old. With the median age of an entry-level buyer at 33, according to the National Association of Realtors, we believe demographics will continue to support strong home buying demand for the next several years ___ Reference: – 3 Keys to Targeting Young

/ Read More

Normally mortgage rates would drop when jobs growth is weak, but here’s why that didn’t happen today
  Matt Graham (housingnewsletters.com) and   Julian Hebron (thebasispoint.com)
May 7, 2021
 
 

<ul><li>Once a month, the government releases the Employment Situation, also known as "the jobs report." No other piece of economic data is as consistently relevant for the bond market and, thus, interest rates.</li><li>In the past 1-2 months, the bond market has finally shown some willingness to react to economic reports.</li></ul>

/ Read More

Why Elon Musk is now the most influential individual in the world
  profgalloway.com and   Julian Hebron (thebasispoint.com)
May 7, 2021
 
 

<ul><li>Elon Musk is now the most influential individual in the world — so influential, he can distort the modern world’s premier platform, our free market system.</li><li>Tesla posts an accounting profit, but in its most recent quarter, it was emissions credits (a regulatory program that rewards auto companies for making electric rather than gas vehicles) and — wait for it — $101 million in bitcoin trading profits that morphed earnings from a miss to a beat.</li></ul>

/ Read More

The odds are stacked against homebuyers with lower credit
  Georgia Kromrei (housingwire.com) and   Julian Hebron (thebasispoint.com)
May 7, 2021
 
 

  • “I think the thing that’s really interesting is when you start to peel back the layers of the onion, there is a correlation between borrowers with lower credit scores and their access to information, what they’ve been taught and what their families believe to be true,” said Jerimiah Taylor, vice president of real estate and mortgage services at OJO Labs.
  • Out of those who were currently shopping for homes, respondents with fair credit scores were significantly more likely to be first-time homebuyers (81%), which the is the demographic getting squeezed out of today’s low-inventory market.

/ Read More

Load More