Independent thinking for complex markets and current events
The national median rent for apartments fell 1% in November from October, and now stands at $1,367, according to Apartment List. The national multifamily vacancy rate was 7.2% in November, a record high. The historic surge in multifamily construction over the past few years is now pulling back, but a good supply of new units …
Renters across much of the U.S. have enjoyed easing prices and months of free rent this year. Now, this tenant-friendly environment looks poised to extend deep into next year, and perhaps beyond. Apartment rents nationally are advancing at their slowest pace in years, thanks to the glut of new units that has taken longer than …
Interest rates are stuck. Inventory is swelling. Buyers are gone. More than half of all homes now sell below asking. It’s the weakest housing market since 2012. https://finance.yahoo.com/news/housing-market-craters-56-homes-123114860.html Rents are falling, vacancies hitting records. National apartment rents dropped 0.8% year over year in July. The vacancy rate just hit an all-time high as the 2023 …
Housing Vacancy has increased 28% since the second quarter of 2022. Despite the claims regarding shortages. Now at 8.2% combined vacancy rate and no sign of slowing. pic.twitter.com/G7vaInermG — Mr.Awsumb (@MrAwsumb) May 29, 2025 https://t.co/Fc03RBIPF7 pic.twitter.com/gQGpYEv08k — Michael Burry Stock Tracker ♟ (@burrytracker) May 29, 2025 The U.S. housing market is facing a dramatic shift, …
The big picture: During his first term, Trump flipped the federal judiciary with the help of Sen. Mitch McConnell (R-Ky.), together setting a record on the number of judges confirmed. Trump 2.0 is having a slower start, though there are only 46 judicial vacancies to fill, compared to more than 100 at the start of …
Many major metros are hitting 8+ year highs pic.twitter.com/gzaixmT9K2 — Darth Powell (@VladTheInflator) April 25, 2025
BREAKING: Job postings on Indeed dropped -10% year-over-year last week to the lowest in 4 years. Over the last 3 years, job postings have declined -33%. As a result, available vacancies are just 8% above pre-pandemic levels. Additionally, NEW job postings have dropped -40%… https://t.co/NjibDegyuc pic.twitter.com/2ZBcCISntm — The Kobeissi Letter (@KobeissiLetter) April 1, 2025
Florida is losing people due to move-outs, according to new data from the US Census Bureau, with counties like Miami, Palm Beach, and Broward all losing people in 2024.
I am not an expert on the Federal Vacancies Reform Act of 1998, but based on my initial reading of various summaries of the act, Matt Gaetz would not currently be eligible to be named as AG under the act as he is: •Not the "first assistant" to the office.•Not already… pic.twitter.com/GN8aGagQnh — Brick Suit …
Office vacancies in San Francisco hit another record in the second quarter, and rent prices fell to their lowest since 2015, according to Cushman & Wakefield. San Francisco is benefiting from the artificial intelligence boom, with OpenAI, Anthropic and Scale AI signing big leases in the past year. But the post-Covid trend toward hybrid work …
In the second quarter of this year, the office sector set a record vacancy rate at 20.1%, breaking the 20% barrier for the first time in history. This trend reflects the lasting impact of the pandemic on work habits, as remote work and other shifts persist beyond the initial wave of COVID-19. The slow decline in demand …
Here is a look at delinquency’s. Full disclosure 2009 was 8% delinquent. pic.twitter.com/ckwMsvdw0R — Nathaniel Frank (@Nathaniel8Frank) April 19, 2024 This new record-high vacancy rate is 50 basis points "above the recessionary peaks recorded in 1986 and 1991," an analysis published by Moody's revealed. Read more: https://t.co/f3HLlsWwT4 — unusual_whales (@unusual_whales) April 20, 2024
With more than half of budget hotel rooms sitting empty, the hotel industry faces a significant downturn as inflation-weary travelers tighten their belts. Preliminary data reveals a 5% drop in occupancy rates compared to last year, signaling a stark decline in revenues per available room amid the economic challenges posed by inflationary pressures. I discussed …
“JUST IN: Nearly 700 US banks now exceed the 2006 Commercial Real Estate (CRE) loan concentration guidance. What is the CRE loan concentration guidance? It’s guidance by the FDIC for the amount of exposure that small banks should have to CRE loans. Currently, small banks hold over 70% of CRE loans which is $2 trillion …