Our FEATURE discussion today focuses on the nation's residential real estate market and the current supply/demand imbalance apparent in numerous localities. In one city the average time on the market was only 24 days with a draw down of 35% in inventory and a price increase of 10%. The 2002/2007 BOOM was precipitated by "easy money". Today's BOOM is based upon fundamentals. The question we ask is "what's ahead"? Other topics include: the "Disconnect" between the US economy and the rest of the world, the Fed is behind the curve, Kepler 452 b, the Iranian mirage, Hillary's classless e-mails and America's new Marxist allies.
"Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."