It has been a year since I penned the last chapter in a series on the housing market, and it’s time to look at what transpired since last summer and fall. The affordability factor has worsened, there are rising interest rates for mortgage debt, prices remain elevated...
A negative outlook in the commercial real estate (CRE) market emerged from a combination of trends that include secular and cyclical ones, a liquidity crisis in the banking sector, and the wicked crime wave in certain major metropolitan areas. The secular trend is...
Today marked a definitive turning point for the entire Biden family and the current administration that is in control of the White House. There is a long history to unpack that I will not explore today, but I will highlight a couple of recent headlines leading up to...
A negative flow of economic data and liquidity issues are replete with contagion signals and slower growth on a global scale, which are building towards a TPTB acknowledgement that a global recession has arrived. Predicting when the financial lords of officialdom will...
A historic rally in home prices launched in mid-2020 when the COVID pandemic encouraged folks to move out of megalopolis neighborhoods and blessed suburban and rural homeowners with a record amount of home equity that peaked at $17.6 trillion. Since May 2022, roughly...