US housing starts plunge by most since 16

Residential housing starts fell 12.3%, multifamily fell 19.8%, and permits (a proxy for future builds) fell 2.2%.  Furthermore a recent builder survey found that sales were “sluggish” in June (Marketwatch).  What does all this mean for real estate values?  Is the...
40% of adults can’t come up with $400, real estate impact?

40% of adults can’t come up with $400, real estate impact?

  The Federal reserve in their recent Report on Economic Well being made two very concerning discoveries: 1) 40% of all adults if faced with an unexpected expense of $400 would not be able to cover it 2) 25% of all adults are not able to pay all of their current...