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Strategies & Market Trends : US Inflation and What To Do About It

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To: RetiredNow who wrote (1111)9/11/2019 5:00:07 PM
From: John Vosilla  Read Replies (2) of 1504
 
Home inventory overall still low especially starter homes most any major metro area it seems. Seattle, the MOAB's, inventory up 25% but still just 1.6 months from Calculated Risk blog..

Keep watching homebuilder charts for clues to any discounting of a sea change down the road. If we were going into recession anytime soon these stocks would have crashed already like the oil drillers since 2015...

Properties in foreclosure hit a cycle low feels more like not anywhere close to end of the housing cycle....

Home Depot, Lowes and overall local economies prime benefactors of high prices with solid cash flow huge stock of old ranch homes built post WW2 that have never been remodeled till now. Just another story far different from 2004-06 period of speculation and overbuilding new homes without enough end users..

Also new unemployment claims continue to be well under 250k benchmark that spells possible trouble in the labor market down the road.
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