Category Archives: Housing

Building Community at Home–Part II

Posted on November 25, 2023 by Popular Economics Weekly

Answering Kennedy’s Call (Cont’d Building Community at Home) Old Town, with its own past, could give Goleta Valley residents a sense of their own history and separate community identity. It even had a Community Center that hosted many community activities. … Continue reading →

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Housing Starts Up, Recession Worries Over?

Posted on November 21, 2023 by Popular Economics Weekly

Financial FAQs The best indicator of a looming recession is to watch how consumers behave. And this will be a record year for travel on the ground and in the air. So, would consumers continue travelling if they saw financial … Continue reading →

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Where’s the Inflation–Part II?

Posted on November 15, 2023 by Popular Economics Weekly

Popular Economics Weekly We can also look at the behavior of wholesale prices to see if inflation has been conquered. The Producer Price Index has been at or below the Fed’s target 2 percent since May 2023. It’s the cost … Continue reading →

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Where’s the Inflation?

Posted on November 14, 2023 by Popular Economics Weekly

Financial FAQs What if there’s too little inflation? That’s actually the definition of a recession. It seems unlikely at the moment and inflation is still a major upset for consumers. But it could happen if the Fed doesn’t ease up on … Continue reading →

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Where’s the Recession?

Posted on October 26, 2023 by Popular Economics Weekly

Popular Economics Weekly Is waiting for the next recession becoming a useless guessing game? Maybe even the event itself has less meaning these days when conditions can change so quickly. We have declining existing home sales yet surging new-home sales … Continue reading →

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Housing Must Be Saved

Posted on October 23, 2023 by Popular Economics Weekly

The Mortgage Corner Realtors are loudly crying that holding interest rates at the current high level for a prolonged period is destroying the housing market., I said recently. Existing-home sales are now at the lowest level since the Great Recession, … Continue reading →

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Too Little Growth a Danger

Posted on October 19, 2023 by Popular Economics Weekly

Popular Economics Weekly Rather than worry about too much inflation still in the pipeline, we should worry about too little economic growth going forward, if we take Chairman Powell at his word in his latest speech at a recent economic … Continue reading →

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Consumer Services Show Growth Rebound

Posted on September 6, 2023 by Popular Economics Weekly

Popular Economics Weekly TradingEconomics Why are the likes of Goldman Sachs chief economist Jan Hatzius predicting no looming recession and better economic growth ahead? It’s partly because of Bidenomics, the boost to growth that the infusion of $billions into renewal … Continue reading →

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Here’s to a Return of Normal – Part II

Posted on September 2, 2023 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Another unemployment report confirms the US economy is returning to normal, and Americans can breathe easier about the danger of a recession. By that I mean adding a more normal 187,000 new jobs in July is … Continue reading →

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Why Such High Interest Rates?

Posted on August 23, 2023 by Popular Economics Weekly

The Mortgage Corner I said last month the National Association of Realtor’s chief economist Lawrence Yun’s exclamation “the housing recession is over,” was because the NAR’s Pending Home Sales (i.e., homes under contract but not closed) rose for the first … Continue reading →

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