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Real Estate

“The Real-Estate Downturn Comes for America’s Premier Office Towers”

“The highest quality office buildings have had much better success navigating the industry’s turmoil. Now, even premier towers are starting to wobble…” https://www.wsj.com/real-estate/commercial/the-real-estate-downturn-comes-for-americas-premier-office-towers-717477a9 The real estate crisis is not in the housing market. (yet?) It’s commercial real estate. The problem in… Continue Reading…

Real Estate

“Pending home sales fell over 10% in February, as record low supply stifles the housing market”

“The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales. Pending home sales, a measure of signed contracts on existing homes, fell a wider-than-expected 10.6% in February compared… Continue Reading…

Real Estate

“July pending home sales jump over 15% annually, as properties go under contract in record time”

“Pending home sales, which measure signed contracts to purchase existing homes, increased 5.9% in July compared with June, according to the National Association of Realtors. Sales were 15.5% higher annually “We are witnessing a true V-shaped sales recovery as homebuyers… Continue Reading…

Economy, Real Estate

“Pending US home sales fell 1.7% in October amid short supply”

“The National Association of Realtors said Wednesday that its pending home sales index, which measures the number of purchase contracts signed, fell 1.7% last month. The signed contracts become final purchases 1-2 months later. Still, declining mortgage rates over time have lifted… Continue Reading…

Stocks

Stocks: I’m Down This Week

Well I lost some on stocks this week. The good news is it wasn’t because of my analysis. It was mostly because I wasn’t fully clear how Robinhood after hours pending trades work. For all who doesn’t know if you… Continue Reading…