• November 23, 2024

Is This Outstanding Index ETF a Millionaire-Maker?

Indeed, by allocating large portions of a portfolio to funds that track major indexes, investors can feel secure knowing that their portfolio will largely capture the stock market's growth. Let's have a closer look at one excellent index-linked exchange-traded fund (ETF) and see if it could be a millionaire-maker. What is the Invesco QQQ Trust Series I ETF?

  • November 22, 2024

CRE is more than just office spaces: Economist

CBRE Global chief economist and global head of research Richard Barkham shares insights on trends in the commercial real estate sector as companies increasingly push for employees to return to offices and reduce remote work arrangements. Barkham emphasizes that commercial real estate encompasses much more than just office spaces, including industrial facilities, retail locations, and residential apartments. "We've had a big value drop in commercial real estate and a rise in vacancies, particularly in the office sector, but I think as we move into 2025 with economic growth being fairly robust, I think we're at the start of a new real estate cycle," Barkham states. Discussing the current environment, he highlights that the rise of artificial intelligence will benefit the sector in the coming year, particularly through increased demand for data center facilities, noting that this segment is "on fire at the moment." Barkham also points to strong apartment rental demand despite the current market oversupply and mentions that retail is experiencing growth driven by "good consumer growth." However, when addressing the office sector, he acknowledges that "that's where the big problems in real estate have been," as vacancy rates continue to climb. Nevertheless, Barkham maintains a bullish outlook on this segment, stating that "even then the emerging trend is good" regarding office leasing activity. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith

  • November 21, 2024

Meet the 2 Best-Performing Vanguard Index Funds of 2024

Vanguard was founded by index fund evangelist John Bogle in 1975, and the company has since become the second-largest asset manager in the world. Listed below are the two Vanguard index funds that have generated the greatest returns year to date as of Nov. 20. The Vanguard Financials ETF (NYSEMKT: VFH) has returned 34%.

  • November 21, 2024

Housing market growth in 2025 hinges on rates: Analyst

US existing home sales increased 3.4% year-over-year in October, reaching 3.96 million units. HousingWire Lead Analyst Logan Mohtashami provides insights into the current housing market dynamics on Wealth! "Let's be realistic, last year at this time, mortgage rates ran up to 8%, [and] sales fell even more, so we have a very low bar right now to show year-over-year growth," Mohtashami explains. However, he adds "the positive story for housing in 2024 [is] inventory was able to grow, we have more choices for everybody. And if mortgage rates just get down to 6%, we can grow sales." Looking ahead to 2025, Mohtashami emphasizes that housing market expansion hinges on lower interest rates. Although, he notes that rates don't need to return to the historically low 3 to 5% range to stimulate sales activity. Freddie Mac reported mortgage reports to have climbed for their eighth consecutive week. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

  • November 21, 2024

Mortgage rates continue to climb for eighth straight week

Mortgage rates edge even higher this week, the 30-year fixed rate mortgage rising to 6.84% as reported by Freddie Mac. Yahoo Finance senior housing reporter Dani Romero joins Brad Smith on Wealth to expand upon what this rate environment, October's existing home sales growth, and potential Trump policies are indicating about US housing market activity. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

  • November 21, 2024

US homebuyers are coming off sidelines after 2024 election, Fed cuts

Existing home sales rose by 3.4% in October, marking the first year-over-year gain since 2021 according to the National Association of Realtors (NAR). To talk more about homebuying trends as mortgage rates remain elevated, Redfin head of economic research Chen Zhao and Kinloch Partners CEO Bruce McNeilage join Catalysts. Zhao explains how US homebuyers are now coming off the sidelines coming off the 2024 election and the Federal Reserve providing direction on its interest rate policy: "The number of people who are contacting Redfin agents for tours is up about 20% year over year right now, and it's at the highest level that it's been at since August of 2023." McNeilage goes on to comment on the interplay between rates on the housing market and the bond market (^TYX, ^TNX, ^FVX). He explains where homebuyers are running into key affordability issues: "The average house in America in the top 50 cities is about $414,000. So it's very tough to afford that when interest rates are going up. Now, if interest rates come down, you think you might be able to afford that $414,000. But the builders raised the price. And last year, the builders have raised the price on average 3%. You also have to look at taxes and insurance... [which] are not going down." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.

  • November 21, 2024

Existing home sales rose 3.4% in October: NAR

US existing home sales rose 3.4% year-over-over in October to 3.96 million, just slightly above economist expectations. Catalysts hosts Seana Smith and Madison Mills review the latest housing data, keying in on pricing and housing inventory trends reported by the National Association of Realtors (NAR). To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.