Silicon Valley's Next Trend: $300 Cofounder Crash Pads
The next big idea in #SiliconValley may be $300 no-frills crash pads like the 1 #Zuckerberg holed up in w/perfecting #Facebook. They call them #cofounderrooms. #SanFran #realestate #BayArea #multifamily #tech #mortgage #dorms https://t.co/fyROnuYp9V
Data Center Boom Hits Wall of Community Backlash
Alarms are sounding that #datacenter dvprs need to be more prepared for backlash from pols+people. W/$1.7T (w/a T) in the pipeline. 25 projects w/called off after communities protested. #NIMBY #realestate #CRE #industrial #logistics #AOC #Bernie #VA #CA https://t.co/R2wyGSAIBu
NY Makes Homeownership Exotic While Others Promote Buying
Why is #homeownership an 'exotic topic' in #NY? In other states electeds encourage buying. #realestate #CRE #NYC #multifamily #mortgage #MayorMamdani #MayorAdams https://t.co/gVlqkREaGm
Congress Targets Investor Buying Spree in SF Homes
Moves afoot in #Congress to tie hands of investors trying to buy into the SFHomes market. 'People live in homes, not corps.' #realestate #CRE #interestrates #mortgage #Trump #House #USsenate #SenWarren #SenScott https://t.co/8vITkoRGl1
SF Detached Homes Selling 20% Above Asking Prices
Stats in San Francisco are wild. Properties on average last month sold almost 20% over the asking price. These are detached homes (not condos). Are there any other markets in the country where the norm is to price lower on...
7‑Year Sell Rule Threatens Build‑to‑
I suspect whoever wrote Section 901 of the ROAD to Housing Act heard that many investors have 7-year holds, and so they added a requirement that investors must sell build-to-rent homes after 7 years. But it's so much more complex than...
Pandemic‑bought Rental Now Faces $25k Loss
Seller taking a $25,000 loss on this house. They bought at pandemic peak and tried to rent it out. But the rental market turned south, rents getting cut, property taxes up. And now the owner has been trying to sell...
Bad Actors Target NYC Rent-Stabilized Units Amid Mayor's Crackdown
Engquist: Are bad guys picking up #rentstabilized units in #NYC for a 'last milking?' Is #MayorMamdani playing into their hands, even as he cracks down on neglectful landlords? #realestate #CRE #NYC #multifamily #mortgage #JamieLeFrak https://t.co/2SmnlaGPby
Flat Yields Signal Recession Concerns over Inflation
Should we be concerned that bond yields and mortgage rates are flat/down in the midst of current events? Especially on the back of a hot jobs report... You can call it "wait or see" or maybe things are a lot worse...
Homebuyer Financing Varies Widely Across Local Counties
Who is buying a home right now? Here’s a look at reported buyer financing in MLS sales in 12 local counties. This is also a good reminder that the market isn’t the same in every location. https://t.co/GRkvX7kcrU
March Rents Rise Modestly as Supply Overhang Dampens Growth
Apartment rents increased in March (the start of the leasing season), but more muted than normal. Demand remained solid despite the economic headwinds, but still playing catch up to the supply overhang from 2023-25 (biggest supply wave since 1970s). As CoStar's Grant...
Housing Market Resilient Amid Rising Mortgage Spreads
Today's podcast discusses #mortgage spreads and how the #housing market is holding up with wartime #economics @housingwire @sarahteresa6 #housing #chartdaddy
YIMBYs Overlook Investor Struggles, Developers Become Landlords
Sincerely do appreciate YIMBYs, but: Their seeming blindness to the impact on development of the hostile operating environment experienced by the investors who own and operate rental buildings in CA is really starting to grate on me. **Every developer is either a...
Housing Prices and Rent Ratios Slip Below 2022 Peaks
Inflation Adjusted House Prices 2.3% Below 2022 Peak Price-to-rent index is 9.7% below 2022 peak https://calculatedrisk.substack.com/p/inflation-adjusted-house-prices-23-7a7
Flatiron Building's First Luxury Condo Listed at $58.5M
It's a new day at the #FlatironBuilding, as handsome 20th century #landmark begins its new life as lux #condos. 1st unit goes, entire 21st floor, w/had a $58.5M ask. #OlshanReport #NYC #FlatironDistrict #realestate #CRE #23skiddoo #mortgage https://t.co/oqZffAFrR3
U.S. Housing Stock Ages, Maintenance Needs Surge
America’s homes are increasingly old and in need of maintenance. Chartbook Top Links of the day just dropped: https://t.co/MDu3qSirg2
One Clear Path, Consistent Steps Lead to Freedom
Which one are you starting with? 👇 Most people aren’t as far away as they think… You don’t need 100 doors.�You don’t need to “get rich quick.” You just need a clear path—and consistency. 30 rentals.�10 coliving spaces.�5 Airbnbs.�2 mobile home parks.�1 assisted living...
Zoning, Permits, and Costs Stall California’s Housing Boom
Very important question: If YIMBY/Abundance is winning in California, why isn't the state building more homes? Brian Hanlon (@hanlonbt): "The main reasons we don’t have housing come down to three basic things." - First, zoning. It’s illegal to build dense housing...
Ethnic Grocers Fill Gaps Left by Legacy Chains
Shoppers closes in Capitol Heights. New Grand Mart leases the 34,000 SF within months. Legacy grocers are shrinking. Ethnic and international grocers are expanding into exactly the spaces they leave behind. Is your retail asset positioned for who’s actually growing...
Future Homes Standard Will Fall 400k Short of Target
A useful bit of recent information from housing expert Neal Hudson in his FT piece on issues facing housing: "even the government’s own modelling for the Future Homes Standard shows it will miss its 1.5 million housebuilding target by 400,000". #ukhousing...
China’s Courts Curb Forced Sales, Hiding True Mortgage Defaults
Bloomberg: "The moves [by local courts to limit the volume of forced property sales by slowing the number of cases involving defaulted mortgages] underscore how China’s local institutions are working to limit the damage of a yearslong property crisis that...
50-Year Mortgages: A Distant Memory Today
Throwback to when we were talking about 50 year mortgages. That seems like so long ago.
Homebuyer Interest Surges 32% as Demand Beats Inventory
Maybe home buyers haven't thrown in the towel just yet... The average daily page views per for-sale listing on Zillow was 32% higher this March versus last March. "This demand signal outpacing inventory growth is showing the first signs of improvement...
ChatGPT Becomes My Unexpected Referral Source
The world is changing. A gentleman emailed me on Friday. An office tenant in downtown Houston and says I was recommended as a top notch tenant rep in Houston and his lease was coming up and they needed to expand. I...
Long‑term Investor Backs Passivhaus Battersea, Canary Wharf
“Our investor is very, very long term focused ...They think in investment periods of decades & longer… delivering Battersea and now Canary Wharf to a Passivhaus standard felt like really fantastic derisking” #passivhaus #passivehouse https://t.co/vMtKVI0Q7z https://t.co/uAJZY0rglF
Greenbelts Push Residents to Cheaper, Infrastructure‑rich Metros
No. You’d get even more people moving Dallas, Orlando or Austin … or any of the other metros that spend on infrastructure (roads & schools) which enable inexpensive single family homes In America, if you enact greenbelting … people don’t go...
Woodside Sierra Condo Sales Snapshot: 1‑3 Bedroom Trends
A look at 1, 2, and 3-bedroom condo sales in the Woodside Sierra complex in Sacramento. Something on my desk today. https://t.co/1MMdHOTanb
Florida Falls, Alabama Rises as Migration Slows Nationwide
States with the highest inbound migration in 2025. Note how Florida has fallen to the 8th on the list nominally, and only 22nd in % terms. Alabama is now higher. Even the states at the top (Texas, North Carolina) are seeing heavily...
Homebuyer Demand Slips Below Last Year's Pace
Home buyer demand just dipped below last year's pace for the first time since the January storms. ➡️85,000 new pending sales this week, down 2.6% from 2025 ➡️Price reductions at 34.5% of active listings, climbing ➡️Inventory only 4% above last year (was 36%...
Married 30‑Year‑Olds Homeownership Halved Since 1960
Married and own a home by 30 year old in the US: 2025: 12% 2010: 25% 2000: 35% 1990: 43% 1980: 45% 1970: 48% 1960: 52% I’m sure everything is fine.
Incremental Compliance Costs Erode Commercial Real Estate Value
An unusually visceral example of value destruction through incremental compliance costs. (I have no reason to doubt this representation, from someone involved in LA commercial real estate, that this is factually a consideration in underwriting commercial tenants in the same.)
AI Thrives in SF, Austin Finally Showing Promise
We can definitely see AI in San Francisco market, not so much in Austin or Seattle. But there are some signals that Austin may finally be turning the corner, so maybe Conor is on to something.
Emma Watson’s Boyfriend Pays Record $370/Sf for 9 West Top Floor
#Hermione's 57thSt connect: #EmmaWatson's boyfriend revealed as mystery tenant who paid a record $370/sf for a top floor at #9West. #Mexican #GonzaloBailleres took down 5,063 ft on Floor 50 for 10 years. #HBeyond #realestate #CRE #NYC #mortgage #Soloviev https://t.co/1MBA9MRTnR
St. Louis Fed Spread Hit 3.11% on June 1 2023
Always remember that the spreads are quoted differently depending on who you're quoting mortgage rates with. The St. Louis Fed spread's recent high was June 1, 2023, at 3.11% https://t.co/sraBmi3n5u
Mortgage Rates Hold Steady Despite $110 Oil Surge
It's kind of nuts how well mortgage rates are doing despite oil being over $110 a barrel. Things could be a lot worse. Perhaps they will get worse...
Seeking Nashville Meet‑up at Home Equity Conference
If anybody on here is in Nashville this week for the home equity investment & lending conference let me know - would be great to connect. I’ve been trying to get closer to this space the last few years, as...
RXR Plans 95‑Story Tower Adjacent to Grand Central
Supersizing it near #GrandCentral, as #Rechler's #RXR files for 95 story tower on #GrandHyatt site next door. Not to mention the bike storage. 'Next step in advancing a transformative project' #NYC #42ndStreet #realestate #CRE #hotel #Commodore https://t.co/k0o2WBVVVW
Homeowners Ditch All‑White Interiors for Bold Designs
Bland is out in #realestate, as homeowners gain traction acx the country w/bold prints+showstopper embellishments. 'Going away from white countertops, white kitchens, white flooring+white walls' #mortgage https://t.co/6Z6PNS6oxV via @WSJ
Passive‑House Mixed‑Income Apartments Set New Sustainability Standard
"The Wellington, a six-storey, mixed-income uptown apartment complex built to Passive House standards. Comprising a mix of market-rate and affordable units as well as fully accessible apartments." #passivhaus #passivehouse https://t.co/BtVuK9Wn2X https://t.co/u4vYPAGDs3
UK’s Largest Certified Passivhaus Unveiled at Urbanest Battersea
"Designed by AHHM, Urbanest Battersea recently became the UK’s largest certified Passivhaus development after passing a demanding series of airtightness tests... comprises three student residential buildings and..." #passivhaus #passivehouse https://t.co/IdQLWVCRqf https://t.co/jvk0PyCNSS
Identify Good Real Estate, Not Just Cap Rates
// HOW TO HIT A HOME-RUN // A basic framework for finding deals that have the potential to be home-runs (3x+ return in 5 years or less) Most people think it's impossible but it's actually quite simple (but not easy) once you...
Buyers Can Secure Seller Concessions for Repairs, Costs
Good news for buyers. It’s possible to get a little help from sellers. Concessions are things like a credit for repairs, credit for closing costs, or buying down the rate. This is not agent compensation. Any thoughts? https://t.co/CX6TtHFfE5
Governments Prioritize High‑Rise Construction Over Desired Single‑Family Homes
Let's Just Admit It: All Levels Of Government Have Worked To Destroy The Type Of Housing Most People Actually Want For the majority of Canadians, they're dream of Homeownership is still a Single Family Home But we don't build many anymore And it's...
More Hours Don’t Scale; Focus on Smarter Strategies
Putting in more hours is great to a point but it doesn’t scale. Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #buildtorent
Shelter Now
Since over 40% CPI is shelter, anyone doing dual axis war crimes needs to imply that shelter and housing are about to take off like it did in the mid to late 1970's https://t.co/kFRdJ1fDGu
SF Housing Market Diverges Sharply From National Trends
The San Francisco housing market is disconnected from national data. Remember the negative year-over-year inventory data from Florida, it was working from elevated levels too 🫡 https://t.co/S838PdvONt
Vacant Space Gets No Tax Break; Fix Crime, Homelessness
Contrary to what many people seem to believe, there is no tax incentive to keep space vacant. If you want more retail in Downtown LA, focus on the forces preventing entrepreneurs from opening new businesses there: Crime, disorder, homelessness, and so...
Inventory Near 2019 Levels Signals Slower Home Price Growth
Back when I worked at Fortune in early 2022, as it became clear the Pandemic Housing Boom was nearing its final inning, I suggested to readers that a quick-and-dirty metric to follow in the post-pandemic period would be active inventory...
Economic Impact Studies Are Just Developer‑sponsored Fluff
The people behind these commissioned economic impact "studies" are such con-artists, they don't even bother to not admit on the record that they pretty much just fluff up whatever numbers developers give them. https://t.co/y2BTjaGWmI
Southwark Council Greenlights 71‑unit Passivhaus Almshouse
"Southwark Council has approved a proposal drawn up by Mae for a replacement almshouse scheme... for later living accommodation provider Southwark Charities, is a 71-unit almshouse north of Burgess Park" #passivhaus #passivehouse https://t.co/z1EVCiGlIT https://t.co/K9CIeNlGDv