The 3-Month Treasury yield of 4.91% is now 1.61% higher than the 10-Year Treasury yield (3.30%). This is the most inverted yield curve in history. pic.twitter.com/qxMATiv1p4
— Charlie Bilello (@charliebilello) April 7, 2023
Friday, April 7, 2023
The 3-Month Treasury yield of 4.91% is now 1.61% higher than the 10-Year Treasury yield (3.30%)
Costco’s March sales highlight consumers’ shift to essentials
A picture that leaves little in the way of interpretation. https://t.co/nfB2f8qWAr pic.twitter.com/C52J8TZnyF
— Danielle DiMartino Booth (@DiMartinoBooth) April 7, 2023
Wednesday, April 5, 2023
Zillow Chief Economist Skylar Olsen has said that short-term strategies like home-flipping won't work anymore . . .
Zillow Chief Economist Skylar Olsen has said that short-term strategies like home-flipping won't work anymore, per BI.
— unusual_whales (@unusual_whales) April 5, 2023
Gold is less than 2% away from hitting an all-time high
Gold is less than 2% away from hitting an all-time high
— Genevieve Roch-Decter, CFA (@GRDecter) April 5, 2023
And central banks are buying up record amounts of gold
Here’s what you should know ๐งต
Ran out of Physical Gold? ๐ฏ๐ฅ๐ฅ๐ฅ๐ฅ https://t.co/YvrdkgkL9N
— Eric Yeung ๐๐๐ (@KingKong9888) April 5, 2023
Sunday, April 2, 2023
"You can't just jump from $47k in qualifying income to $86k and play make believe that everything is just going to work itself out"
Either mortgage rates need to come down, or house prices need to come down, or both. You can't just jump from $47k in qualifying income to $86k and play make believe that everything is just going to work itself out. Housing will be ice cold until this spike stops being a spike. pic.twitter.com/PhisqTqR2u
— Jeff Weniger (@JeffWeniger) April 2, 2023
Saturday, April 1, 2023
average mortgage cost over last 2 years up from $2,500/month to $4,144/month. A difference of $1,644!
Home prices + mortgage rates rising over the last two years has driven the average cost of up from $2,500/month to $4,144/month. A difference of $1,644!
— Markets & Mayhem (@Mayhem4Markets) April 1, 2023
Source: /u/CheeryOaf pic.twitter.com/4tgL9SIt4F
Friday, March 31, 2023
2 in 5 US houses are owned by boomers. 75% of boomers own a home; only 32% of millennials do.
9/
— CatGirl Kulak ๐ป๐ฟ (Anarchonomicon) (@FromKulak) March 31, 2023
2 in 5 US houses are owned by boomers.
75% of boomers own a home only 32% of millennials do.
As more than half of boomers die or downsize in the next 10 years, millennials home ownership will have to double.
That won't happen without a massive price correction pic.twitter.com/lIzUvMMDbm