Category Archives: Uncategorized

Price increases were big since Q1 2020 which led to big profits. BUT now profits stall Q1 before tariffs.

And not even in a recession yet… “”It was the most splendid condo bubble ever, topped off with a mania, driven by the Fed’s interest-rate repression that included trillions of dollars of purchases of MBS, which pushed down mortgage rates … Continue reading →

Years ago, I heard stories that land prices can fall 90% in a real estate downturn. In a downturn, commercial property can be very bad as vacancies can soar and land prices crash.

Economy weak… Average daily S&P close per quarter…

In the last 3 months, Redfin, Bloomberg and Zillow see real estate down -1 to -2% this year…

Besides adp…see this from juggling dynamite… As Rosenberg Research pointed out yesterday, Friday’s NFP US jobs estimate of +139k in May came amidst downward revisions to the prior three months, totalling -187k. In other words, benchmarked off where we were … Continue reading →

Developers -off the record-confirm the earliest turn around 2030…AND negative equity households at 14% already