Economic and Real Estate Outlook for December 2022

By Ernesto Rostoker and Michael J. Seiler The key topic of debate and greatest concern has been and continues to be inflation. Although off its 40-year high of 9.1 percent in June, year-over-year inflation in October was still 7.7 percent,1 far exceeding the long-run target of roughly 2 percent.2 The greatest contributor to the Consumer […]

Investing in Alternative Investments: Mortgage Pools

By Leonardo Rostoker and Michael J. Seiler Traditional investments such as the stock market have witnessed unprecedented volatility in recent years. Since January, families have seen their life savings decrease by roughly 25 percent. Employees gearing up for retirement now have to delay their plans to spend more time with family and travel the world. […]

Our US Economic Outlook

By Ernesto Rostoker, CEO, RBI Private Lending, ernesto@rbialliance.com, and Michael J. Seiler, Professor, College of William & Mary, mjseiler@wm.edu According to the Bureau of Economic Analysis, the US economy remains on shaky ground as real GDP declined -0.6 percent in the second quarter after a decline of -1.6 percent in the first quarter of 2022. […]

The Housing Shortage: Affecting Buyers, Sellers, and Builders

Zillow recently reported U.S. housing stock gained $6.9 trillion in 2021, the most in a single year. Single-family homes values rose considerably faster, with the average homeowner seeing gains of $50,000. Record low supply, coupled with increased demand, dramatically drove up prices. The chief economist for the National Association of Realtors, Lance Yun, reported that, […]