Eviction levels across the nation have largely settled back at their pre-pandemic levels. But there’s a notable exception: the Sunbelt. America’s southwest, including states like Texas and Florida, has been one of the hottest real estate destinations. But in several Sunbelt cities, eviction filings are still a whopping 35% higher than pre-pandemic levels, according to…Read more
SoFi Hong Kong Blog
How Cool Is Too Cool? The economy has gradually cooled over the last year or two, but where is it headed? Inflation has come down notably, while the labor market continues to remain resilient (even though it’s not as blazing hot as it was two years ago). As Federal Reserve Chair Jerome Powell noted at…Read more
Deflation Is Here For the first time in more than four years, inflation measured by the Consumer Price Index (CPI) declined from one month to another. So is America in its deflation era now? Maybe, but let’s not get ahead of ourselves. Deflation is essentially the opposite of inflation, meaning prices are falling rather than…Read more