Real Estate Refresh

The Bond Market called BS on Kevin Warsh. This was a bad week for anyone watching interest rates. Not a panic or crisis necessarily but a grinding, relentlessly bad week where every data point that dropped confirmed the thing the market has been quietly pricing in for months. Bonds had a brutal week - down as much as 46 basis points intraday before partial recoveries each session. The 10-year Treasury yield passed 4.56% this morning, which is the highest level in a year. T

Dear First-Time Buyer Who Did Everything Right, If I had to name the most frustrated person in America right now (not frustrated with life, frustrated with real estate specifically) it's you. You didn't panic-buy in 2021. You saved the down payment. You watched rates. You got pre-approved. You waited. And now you're sitting here in May 2026 hanging on to a job you have mid-feelings about, rates right where economists said they'd be, checking Zillow three times a day and someh

Jerome Powell held his final press conference as Fed Chair on Wednesday. They held rates steady. Again. For the third consecutive meeting. I guess that was expected but what nobody really anticipated was what happened around that decision: a 4-person dissent, the first split of that magnitude since October 1992. Oh and, Powell announcing he is staying on the Board of Governors indefinitely, and the incoming Fed Chair Kevin Warsh quietly signaling that he intends to rewrite th