Is This My Free One-Way Bus Ticket To Cleveland? Cleveland is leading the nation in home price growth at 4.7% YoY. Followed closely by Hartford CT, Louisville KY, Detroit MI and Buffalo NY.
Well, if The Fed would stop printing money (M2), home prices would decline. But The Fed will keep on printing!
Of course, the top 1% of net worth households are doing quite well thanks to The Fed’s eternal money printing.
On the commercial RE side, US office vacancy rates are approaching 20%.
Lastly, Tampa FL is the slowest growing area. Actually declining at a rate of -6.2% YoY.
