Real Estate Refresh

I’m going to do something different today. Instead of telling you what the market is doing and hoping you figure out what it means for you personally - I want to give you two honest pictures and let you decide which one you (or your clients) are living in. Because both are true right now. At the same time. In the same market. The Week in Plain English First let’s talk about the data from this week. The jobs picture has been further complicated. ADP reported that private secto

Yesterday was actually a pretty good day for this market. PCE came in lower than expected for the second month in a row. GDP slowed - which sounds bad but I'll explain why it isn't. The Fed held rates for the fifth time. The thing is, all of the data is pointing in the same direction. Which is really helpful for buyers and sellers trying to map out their next best move. But I'd be doing you a disservice if I sent you into the weekend without being honest about what comes nex

A CNBC survey came out last Sunday showing that housing costs are the number one political issue for young voters heading into midterms. I want to say something about that before we get into this week's data. I am not surprised. And you shouldn't be either. We have been watching this play out all year. The war tax. The Confidence Tax. The housing bill that took thirty years to materialize. The institutional investors. The rate spike. The inventory crisis. The millennial gene