Non-insignificant Impact and Home values projected 10% appreciation.

Home Value Projection: Given the current 4.8% increase in home values this year, it is reasonable to extrapolate that home values are on track to appreciate by 10% over the remaining year.

Yellow – Freight Services, a carrier specializing in pallet-sized shipments, made a significant decision over the weekend by terminating 30,000 employees and shutting down its operations.

The Federal Reserve’s aggressive approach to rate hikes has been concerning, as it seems to disregard the toll it’s taking on real businesses. Yellow failed to reorganize and refinance over $1B of debt due to much higher rates. This may be the canary in the coal mine.

This week is all about Jobs. Opening, jobless claims and job cuts. Stay tuned.


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