Market Outlook Archives - Michael Isaacs

The ‘Golden Girls’ Strategy? Elderly Adults Share Home Ownership

April 28, 2020 by Michael Isaacs

The "Golden Girls" trend got its name from the popular television sitcom about four elderly women who live together to share expenses. It is becoming a popular way in real life for elderly adults to share homeownership and it has many benefits.

More Than 25% Of Millennial Homebuyers May Be Financially Unprepared

March 19, 2020 by Michael Isaacs

Millennials are the first generation in America that will probably not be able to do as well as their parents. In the United States, there is not as much upward mobility as there was in the past. What is the cause of this?

FOMC Statement: Key Fed Rate Unchanged; Policymakers Monitor Impact of Asian Flu Outbreak

January 31, 2020 by Michael Isaacs

The Federal Open Market Committee of the Federal Reserve issued its scheduled post-meeting statement Wednesday. Policymakers unanimously decided to leave the target federal funds rate range unchanged at 1.50 to 1.75 percent.

5 Excellent Pathways To Home Ownership For Millennials

December 31, 2019 by Michael Isaacs

Millennials are a huge socio-demographic group of over 83 million people. Many of them want to buy a home but face challenges that their parents did not necessarily have. Homes are more expensive. In most places, home prices rebounded to exceed the pre-2008 economic collapse values. Moreover, home prices continue to go up.

FOMC Statement: Fed Holds Steady On Its Interest Rate Range

December 11, 2019 by Michael Isaacs

The Federal Open Market Committee of the Federal Reserve announced its unanimous decision not to change to the current target federal funds range of 1.50 to 1.75 percent. The committee's customary post-meeting statement said the decision not to change the Fed's target range for federal funds was based on factors including a strong labor market, moderate economic growth, continued job growth, and low unemployment.

Case Shiller, FHFA Report Uptick In Home Price Growth In September

December 4, 2019 by Michael Isaacs

Case-Shiller's National Home Price Index showed 3.20 percent national home price growth in September, which was 0.10 percent higher than August's reading of 3.10 percent. The 20-City Home Price Index showed the continued impact of exorbitant home prices on both coasts as home price growth slowed in high-cost areas and smaller markets experienced upward pressure on home prices as home buyers were seeking affordable homes.