Awesome post Stephen! Just to add my 2 cents here. I read that the home builder sentiment dropped for the 12 straight month but from what I’ve read it seems that it is the smallest drop on HMI index in past 6 months🧠
Man I love your analogies! The white elephant is a perfect way to describe the housing market. It's a huge honor to own a home but right now at least it is a huge burden. Thanks for sharing this, this is turning into one of my favorite Newsletters.
I feel bad for everyone with a variable interest rate. Unfortunately it looks like the housing market gets worse before it gets better. The good news is at some point I believe the FED will pivot, and interest rates will lower once more!
Buyer's market.....love your work Graham but a real buyer's market are prices of 2000-2003. This market is so far frm a REAL buyer's market. And honestly i think we do get there eventually. When, i have no idea but its in the cards. Maybe 5-10yrs.....we'll see. Great work Graham!! As always!!!
Awesome post Stephen! Just to add my 2 cents here. I read that the home builder sentiment dropped for the 12 straight month but from what I’ve read it seems that it is the smallest drop on HMI index in past 6 months🧠
Man I love your analogies! The white elephant is a perfect way to describe the housing market. It's a huge honor to own a home but right now at least it is a huge burden. Thanks for sharing this, this is turning into one of my favorite Newsletters.
I feel bad for everyone with a variable interest rate. Unfortunately it looks like the housing market gets worse before it gets better. The good news is at some point I believe the FED will pivot, and interest rates will lower once more!
Buyer's market.....love your work Graham but a real buyer's market are prices of 2000-2003. This market is so far frm a REAL buyer's market. And honestly i think we do get there eventually. When, i have no idea but its in the cards. Maybe 5-10yrs.....we'll see. Great work Graham!! As always!!!
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