Zillow recently announced that it is pulling the plug on its once highly touted house buying machine. Indeed, it was suppose to be a machine, one that used billions of pieces of data to find arbitrage opportunities in the market using algorithms. Buy a house in a surging market, fix it up (quick someone call […]
#investment, Algorithm, Analytics, Asymmetric Information, Big Data, Big Data Analytics, Data Analytics, economics, featured, housing, housing prices, Permit, Real Estate, REIT, Risk, Risk Management, Zillow
I enjoy maps. Each tells a complex story. Here are some of my favorites to reveal realities about our country, its economy, people, prospects and nuances. Not much commentary from me. I’m letting the maps speak.
Just this week, we heard the good news that median household income grew by 1.8% to $61,372, a new post-recession high. Still, some 39.4 million Americans live in poverty, and that number improved. Unemployment has gone down, and the equity markets are banging on all-time highs. Still, a few things are not working. Not everyone […]
2020 census, Case-Shiller, congressional seats, Economic Sciences, Economy, electoral congress, featured, Florida, GDP, Growth, housing prices, income, Median Income, migration, personal income, Real Estate, Texas
By most conventional measures of the US economy, we are enjoying broad prosperity in the US. Unemployment is down, equity markets are up. However, salary growth is lagging for many. Analysis by the Pew Research Center shows that average real wages are essentially flat over the last 50 years. It shows that prosperity has not reached the middle class and, well, never did.
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