Daily posts
As recent signals that the Fed’s “soft landing” recession isn’t going to come to fruition, financial markets responded accordingly. In addition to covering financial markets impact, we’re going to look into real estate. The DOW Jones and S&P 500 both dropped steadily Friday 10/7. The S&P has been on such a steady decline, the last …
Financial Markets Are Suffering, But What About Real Estate? Read More »
BNY Mellon, founded by Alexander Hamilton in 1784 – the first US Treasury Secretary – has announced they are continuing to build out a highly advanced, robust, and secure digital assets custody business. “Touching more than 20% of the world’s investable assets, BNY Mellon has the scale to help our clients reimagine financial markets through …
As the sell-off of stocks intensified into late September 2022, the S&P 500 lost all gains from the previous calendar year in September 2021. Coupled with an annual slump of 24% – the lowest since November 2020 – many were quick to point out the likelihood of a short-term bear market rally. This wasn’t (and …
The vast majority of latest prognostications point to a shift in the housing market, in favor of buyers over sellers. It’s about time. America’s housing market has been brutal on homebuyer’s, renters, and those looking to lease in prime locations for years now. There is a lot of qualitative and quantitative analysis to suggest that …
According to recent trends witnessed primarily in California, but largely nationwide, the supply in the housing market appears to be growing, while the demand is shrinking. This is what experts are counting on leading to a “cool off” period in real estate prices. “Today, week after week, we see more and more inventory come on …
Is the US Real Estate Market Finally Starting to Cool Off? Read More »
New York City’s residential real estate market closed 2021 with many arguing it had the strongest performance in three decades. By mid-October, Manhattan contract signings already surpassed the previous record, which was 12,520 in 2013 (UrbanDigs). With a little under two weeks left in 2021, closings reached 14,774 (Cavanaugh, TheRealDeal). Already, that’s more than double …
New York City’s Housing Market Finishes Strong in 2021; Slowdown Expected in 2022? Read More »