The real estate industry is grappling with a substantial exodus of realtors, declining home sales, waning builder confidence, and worsening affordability.

“Over 60,000 realtors have left the industry over the last 6 months, according to data from the National Association of Realtors” “Tens of thousands of real estate agents are giving up on the profession, thinning their pandemic-era ranks as the housing market comes back to earth. Why it matters: Realtors are on the ground floor of …

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Businesses are going out of business? Federal tax revenues are sharply declining

https://twitter.com/zerohedge/status/1702146403475030390 https://twitter.com/WinfieldSmart/status/1702286302597554676 Citi Bank is planning mass layoffs to stem costs $C — Don Johnson (@DonMiami3) September 13, 2023 This is incredible: 1. China unexpectedly cut rates by their most since 2020 2. Europe unexpectedly raised rates to their highest since 2001 3. The Fed is expected to pause rate hikes for months 4. Australia …

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Shoplifting out of control – Rising theft has come with higher credit card debt and declining US savings.

JUST IN: Target, $TGT, says stores have seen a 120% increase in theft involving violence the first 5 months of 2023. Earlier this year, Target said they expect to lose $1.3 BILLION due to theft in 2023. This is up $500 million from theft losses in 2022. Rising retail theft is… pic.twitter.com/Xav6ZxdzY7 — The Kobeissi …

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33,000+ jobless claims increase job challenges amid declining job openings

The rise in continuing claims by 33,000 suggests increasing challenges for job seekers as job openings continue to drop. Trend continues to follow your typical rise in continuing claims after the 10 year / 3 month inverts. pic.twitter.com/xUlNwKmlo2 — Don Johnson (@DonMiami3) July 20, 2023 The initial jobless claim remains within the typical trend that …

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NYC is rapidly declining…

by BoatSurfer600 City officials restocked vending machine with Naloxone and fentanyl-testing kits. via dailymail.co.uk: New York City’s first public health vending machine giving out free crack pipes, condoms and Narcan, an overdose-reversing drug, was already empty less than 24 hours after being unveiled by officials. But eager city officials determined to keep residents in rich …

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Apple’s FOMO hype is a sign of declining Q rev, not innovation.

APPLE just selling the name since Jobs passed. — STOCK 🇺🇸 (@ryanalanstock) June 5, 2023 https://twitter.com/JustNNovel/status/1665769933697843201 Apple literally just launched a faster cheese grater pic.twitter.com/dTONngkRfx — Adam Singer (@AdamSinger) June 5, 2023 I think that Apple is on this part of the cycle but don't tell'em pic.twitter.com/G90ul9KCjO — ◦ (@LiningTrends) June 5, 2023 We have …

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