More gloom The real estate buying frenzy is over "The buyers just stopped buying," said Shauna Pendleton, an agent with Redfin in Boise, Idaho,...

—————-

10y looks like it can go back to 2.50% with just a little nudge. That big spike in the yield curve this month is going to revert.

Friend works in automated appraisals for banks and they’re gearing up for a lot more REO’s

Same as it ever was.

Business news talking about holiday volatility and low trading volume/liquidity combined with record high leverage on top of declining retail...

Those are all getting hammered too

Why is Ethereum getting pummeled? Pharma bro doesn't like?

Yeah. That grey pallor like he never really got off the tobacco.

Same with the good houses in my escape hood. Still go in one weekend

Redfin CEO says move up market is dead unless all cash. Also, escape markets like Sacramento and Seattle suburbs are showing weakness and price...

"The housing market is sending clearer signals that the pandemic-driven housing frenzy is coming to an end. Nearly one in five (19.1%) home sellers...

One of my faves. Great characters throughout.

The supply of homes for sale jumped 9% last week compared with the same week one year ago, according to Realtor.com. Real estate brokerage Redfin...

What’s the market cap of all crypto minus BTC? I’m assuming that will go to 10% of what it is now. It will be rolling blowups like ARKK stocks. As...

SNAP exposed that there just isn’t enough global ad dollars and growth In Those dollars to support the valuation on any of the social stocks. ...

XOM does have the large nat gas exposure so it can continue to run ahead as long as NG stays strong. Crude gets a bid on any weakness so likely...

There’s some out of context too. He’s never been a bond guy and doesn’t need them.

Safer than bonds!

Can’t happen with the current structure at either company

Yes but you can’t assume anything. With an option you only make money if the price goes up. With an RSU it always has an intrinsic value.

A heloc this close to purchase might affect your options for finance. I bought my house in the short summer lull last year. Maybe not a better...

It’s neutral as a compensation bonus because it’s a grant and not an option.

$1m doesn’t get you much house these days

DXY is 3% off it’s recent high. Good support a couple % lower. This is good news short term.

When Powell immediately shook off .75 hike he knew there was no way. .50 in June is questionable now

6 week low in the ten year rate.

New home sales in the United States sank 16.6% mom to a seasonally adjusted annual rate of 591,000 in April of 2022, the lowest since April of 2020...

New home sales collapse. 9 month supply.