Last week I mentioned the inventory of single-family homes as a future indicator of home prices for the start of 2023. Since mid-October historically has been the peak of listed houses before tapering into winter, significant increases or decreases from this point until year-end are telling. For example, this …

Energy, food, and producer costs play an outsized role in inflation numbers on the eve of the September report, available tomorrow. Some analysts predict a .5% core inflation increase, all but assuring the Federal Reserve raises rates again in November. With the 30-year fixed-rate mortgage national average at 7.14% …

While mortgage rates may have moderated slightly from last week, now at 6.65% for the national average of a 30-year fixed-rate loan, the market remains volatile. Moreover, with another 75 basis point increase expected from the Fed at the next meeting on November 1-2, 2022, There is every reason …