Real Estate Refresh

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

The Bill Became Law. Inflation Surprised Everyone. And Warsh Had Some Things to Say. I don't know how this isn't getting more press but the housing bill is finally, really, IRL official. The 21st Century ROAD to Housing Act became law on July 11th. After months of bipartisan passage, a dramatic cancelled signing, a voter ID standoff, and a news cycle that had mostly moved on -- it became law. I've been talking your ear off about this bill since March. I told you it wasn't g