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September 21, 2023 | Update on Key Housing Indicator

            [The above chart was presented in my Sept 2023 Timing Letter, as was the following transcript:]   “Based on the 1-2-3 chart pattern shown in the chart, odds are high that more months’ supply of homes for sale is going to start hitting the market in the months (and maybe years) ahead.”   […]

September 14, 2023 | Oil Hits $90!

  Crude oil just hit $90/barrel –  a new high for 2023 Oil prices are now up a massive 35% in just 3 months. Inflation always starts with energy.  

August 31, 2023 | Good and Bad News

  Let’s start with the bad news. Being that housing prices are high and affordability is ridiculously low, the pic is pretty much accurate – especially in California. The good news? History tells us that market conditions like this are temporary and won’t last forever. Housing prices will fall (and become affordable again) at the […]

August 14, 2023 | Where Mortgage Rates are Going

    Since Jan 2023, mortgage rates show a chart pattern that is characterized by higher highs and higher lows. The average rate on a 30-year fixed mortgage rose to 6.96% as of Aug 9th, 2023. Rates hit a 20-year high of 7.08% in Nov 2022. With the rate of inflation coming down, many real […]

August 4, 2023 | Food Inflation: 7.1% or 22.6% Per Year?

  If you want to know how much food has gone up in the last 12 months, don’t ask the US government – ask people who shop for food everyday. Based on a survey of 8,000 US grocery shoppers nationwide, they said food at home prices rose by an estimated 22.6% from April 2022 to […]

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