August 2023 - Starwest Mortgage Corporation

August 29, 2023 – The Great Wealth Transfer is Underway

Economic Commentary The Great Wealth Transfer is Underway. According to TheStreet.com, the Baby Boomer generation owns about half of the nation’s $140 trillion in wealth. These numbers have escalated significantly over the past decade because of gains in the stock market and the appreciation of real estate. According to market research firm Cerulli and Associates, recipients of the great wealth...” Read More

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August 22, 2023 – The Great Disappearing Recession

Economic Commentary The Great Disappearing Recession. For about a year now we have been talking about the predominant forecast of market analysts which projected a recession as early as the second quarter of this year. And for a year we have been stating emphatically that it is tough to have a recession when the job market is hot. Well, the...” Read More

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August 15, 2023 – The Real Estate Picture

Economic Commentary The Real Estate Picture. What a strange real estate market. To our knowledge, never in our history have we had a situation in which the real estate market has slowed down only because there are not enough homes for sale. Typically, a slowdown in the real estate market is caused by a lack of demand; however, today we...” Read More

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August 8, 2023 – The Employment Picture Clouds a Bit

Economic Commentary The Employment Picture Clouds a Bit. The Federal Reserve and every market analyst have been waiting for the job market to cool down a bit so that one of the last bastions of inflation could fall. The June employment picture was a bit cloudier for the first time this year. Though the headline job data again was just...” Read More

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August 1, 2023 – So Begins The Dog Days of August

Economic Commentary So Begins The Dog Days of August. Every year we seem to publish the “Dog Days of August” edition. And there is always new fodder for the edition. Certainly, August a few years ago was unique because we were in the height of the pandemic. This year, the battle between good and evil is taking place within our...” Read More

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August 29, 2023 – The Great Wealth Transfer is Underway

August 22, 2023 – The Great Disappearing Recession

August 15, 2023 – The Real Estate Picture

August 8, 2023 – The Employment Picture Clouds a Bit

August 1, 2023 – So Begins The Dog Days of August

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