Early Leak Detection Saves Real Estate From Costly Water Damage
AquaShield (@AquaShieldai) protects large real estate portfolios against water damage, the #1 non-weather property insurance loss. Leaks are detected early and down to the pipe segment, so every building is protected for a fraction of one major claim. Congrats on the launch, @paul_beckers_ & @Marguerite_be! https://t.co/fvL6Z8BJ45
Equity Residential, AvalonBay Merge to Form $69B Giant
#EquityResidential, part of #SamZell's legacy, plans merger w/#AvalonBay w/w control 180K+units, making it 1 of the largest apt landlords, w/an enterprise value of abt $69B. #realestate #CRE #WallSt #REIT #multifamily #Chicago #ArlingtonVA https://t.co/xph8NyhiUd
Mortgage Defaults Set to Worsen Before Any Relief
Why Mortgage Defaults, Foreclosures & Power Of Sales Will Get Worse Before They Get Better There are fewer processes in Lending that move slower than Mortgage Default resulting in Power of Sale Action That's why it's unlikely this wave of Lenders selling...
April Starts Dip, Permits Beat Forecasts on Multifamily
April housing starts pulled back after March’s rebound, but both starts and permits still outpaced expectations. Builders remain cautious: much of the permit strength came from multifamily, while single-family permits fell to their lowest level since last summer. https://t.co/GNc0c53IJI
Senate Bill Broadens Home Definition, Blurs Institutional Line
Reporters: The House bill's language on "institutional investors" and "single-family homes" is being widely reported as "the Senate version" and "stricter," but it's not that clean cut in reality. My guess is D.C. insiders are putting their spin on it...
Sacramento Homes Snap Up: 33% Sell in Under a Week
Buyers are so picky about everything right now, but when they find the perfect house, they are fast to act. 33% of closed sales in May so far spent seven days or fewer on the market before getting into contract...
Purchase Applications Dip Weekly, Rise Yearly Amid Rising Rates
Purchase application data update -4% week to week +8% year over year Nothing too dramatic on the demand side yet with higher rates, but this is really week one of rates being over 6.64%, if rates head higher, as they have...
Idaho's New Zoning Law Sparks Starter Home Boom
"Idaho shows America how to build A new zoning law paves the way for more starter homes." https://t.co/ntdy4gurWs https://t.co/MjE1lKy0qO
Custom Home Costs Exceed Value, Builders Face Reckoning
There’s absolutely no economically viable way to build a custom home right now. I’m being quoted rates 200-300% what the house would appraise for when it’s done. Meaning if I were to turn around and sell it, I’d lose half my...
Fund Housing Trust by Taxing Upzoned Parcel Gains
This is the way. Get out of taxing new housing construction by ending unfunded inclusionary. Give the housing trust fund a larger increment of property tax revenue, unlocked by repricing on upzoned parcels.
Rising Food Prices and Mortgage Rates Squeeze Average Canadians
Inflation Up / Fixed Mortgage Rates Up: 2026 May Be Turning Into A Bad Year For Average Canadians Food Inflation is 3.8% in Canada & all Fixed Rate Mortgages will take another leg up by the end of the week The truth...
April Pending Home Sales Rise Modestly, Below Expectations
NAR Pending Home Sales Report Shows 1.4% Increase in April https://www.nar.realtor/newsroom/nar-pending-home-sales-report-shows-1-4-increase-in-april "Pending home sales in April increased by 1.4% month over month and rose 3.2% year over year" Slightly below expectations. This is for closed sales in May and June.
Florida Home Prices Down 3%‑21% From Peaks
Florida Home Prices, % Below High (via Zillow)... Miami: -3% Orlando: -5% West Palm Beach: -5% Port Saint Lucie: -6% Tampa: -6% Jacksonville: -7% Fort Lauderdale: -7% Key West: -8% St Petersburg: -11% Naples: -12% Sarasota: -14% Fort Myers: -18% Cape Coral: -21%
UK
UK home prices rose a STUNNING 1.2%/yr in May. That's the biggest May increase in a decade. RUSSOPHOBE STARMER IS CAPTAINING A SINKING SHIP. https://t.co/RBuUFOAQXj
Homebuilder Sentiment Rises Amid Late‑Spring Demand Surge
#Homebuilder sentiment improves on late spring surge in demand https://t.co/Ign0Bc0IeX @NAHBhome @dietz_econ #realestate #realestateinvesting #housing
Private Capital, Not Government, Solves Housing Shortage
What every voter and apparently, the NY Times Editorial Board, should know about housing policy: 1. Rents reflect the balance of supply of apartments and demand for those apartments in a given area. That’s it; there’s no magic. If you want...
Pending Home Sales Up 10% Despite Record Rates
Weekly pending home sales are averaging 10% more than in May last year. But rates have jumped to their highest levels of 2026. Will it hold? https://t.co/I4E95eNeho
Rising Yields Drive Spike in Mortgage Rates
Today's podcast discusses the surge in yields and #mortgagerates @housingwire @sarahteresa6 #housing #realestate #mortgagespreads #chartdaddy
Seeking Treasurer's Help to Prevent Economic Malaise
We are very much looking forward to engagement with the Treasurer to ensure the Australian economy isn't hit with years of malaise and falling productivity as an unintended consequence of trying to address the property crisis.
China's Property Prices Midway Through Adjustment, Study Finds
Nice write up by @toby_n__ of the Rogoff and Yang paper where authors suggest China is half to 2/3rds of the way through its property price ‘adjustment’, depending on if its following a Japan or U.S. path. I have...
Housing Prices Fall in 25 of 33 Pricey U.S. Cities
The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Big Expensive Cities, April 2026. Home prices fell yoy in 25 of the 33 big expensive cities in April, a bunch set multi-year lows (Oakland & Austin -26%...
US Home Prices Edge Up, YoY Growth Slows
U.S. home prices, as measured by the Zillow Home Value Index, rose +0.6% month-over-month between the March 2026 to April 2026 reading That's a soft spring arch Year-over-year came in at +0.7% (decelerated from last month's +0.8% YoY) Table via @ResidentialClub https://t.co/g7V9gP9I0T
$20 Million Buyer Represents Low‑End Luxury Market
Meanwhile atop the K... “The $20 million buyer is the low end of the high end of the luxury market,” said Martha Gundersen, a Bridgehampton-based broker with Douglas Elliman. “That sounds ridiculous, doesn’t it?” https://t.co/aUHpokA7qG
Speculative Construction Loans Hit 11% Effective Rate
Average effective interest rate right now [taking both contract rate and initial points into account] on.... loans for speculative single-family construction --> 11.22% loans for land development --> 10.15% loans for land acquisition --> 9.36% via NAHB
Limiting Institutional Investors Cuts Housing Supply, Hurts Families
When people argue "institutional investors shouldn't invest in housing," you're arguing for reduced housing supply b/c they build a lot of it. That hurts families who can't afford to buy, and doesn't hurt investors b/c they'll just invest in stuff like...
Remote Real Estate Works, But Never Buy Sight‑Unseen
I've gotten a lot of questions recently on how to operate a remote deal so I'm going to dive into the several methods you can use and the benefits and drawbacks of each strategy. First off, buying properties remote is 100%...
SF Luxury Homes Surge 13%, Affordable Prices Slip
Everyone said San Francisco 🌉 was dead 💀, but the data 📊 says the opposite. Since ChatGPT launched: Bay Area luxury home prices +13% yoy, affordable neighborhoods -4%. I broke down the data on whether this is a bubble or the...
Master Real Estate Debt: DSCR, LTV, and Debt Yield
There are 3 main debt metrics in real estate: 1. Debt Service Coverage Ratio (DSCR) 2. Loan to Value (LTV) 3. Debt Yield Here’s how to view each from both a buyer’s perspective & a lender’s perspective: 1. DSCR Definition: The DSCR is the...
ROAD Update Mirrors Executive Order, Exempts Build‑to‑Rent
A great update to ROAD that, crucially, is exactly in line with the Executive Order from January: "The guidance ... shall include appropriate, narrowly tailored exceptions for build-to-rent properties that are planned, permitted, financed, and constructed as rental communities"
Assessing Electric Switch for Centralized Apartment Hot Water
Explainer: Can apartment buildings with centralised gas hot water systems go electric? #energysky -- via Renew Economy: https://t.co/muBLT8pFDn https://t.co/g76ay5TdXT
Sun City Lincoln's Normal Volume Signals Market Strength
Strength in 55+ neighborhoods? Well, in some of them. Sun City Lincoln has normal volume. In the region, sales volume is down about 30% from the pre-2020 norm, so being normal today is a sign of strength. Granted, prices have...
Summit’s NYC Acquisition Sparks Tenant Union Backlash over Habitability
#Summit's buy of 5,200 #NYC apts from #Pinnacle earned it the eternal emnity of tenant unions, w/is not going away. 'We're asking for safe habitable homes. Why do we h/to unionize to get that?' #realestate #multifamily #UPT #MayorMamdani #CeaWeaver https://t.co/wWfiQnrVjw
Brookfield, Qatar to Earn $273M From 2 Manhattan West Refi
Spectacular $273M to accrue to #Brookfield, #Qatar on refi of #2ManhattanWest. Yes they have to pay it back but that's years from now+refi sh/be an option. 97%-occupied+avg in-place rent a nosebleed $132/sf. #realestate #CRE #mortgage #NYC #ManhattanWest https://t.co/BTu6KOSQar
Populist Housing Bans Backfire, Boost REIT Buybacks
How's this for irony? Stock prices for the single-family rental REITs fell when President Trump pushed a ban on institutions buying houses and they fell again when the Senate passed ROAD to Housing. The REITs then took advantage by buying back their...
First‑time Buyers Still Claim Nearly Half of Purchases
They say it's just boomers trading houses today. But first-time home buyers (FTHBs) continue to "represent a meaningful share of purchase activity." Nearly half (47%) of conforming purchase locks, 70% of FHA purchase locks, and 45% of VA purchase locks, per Optimal...
Existing Homes Dominate Market; New Construction Stays Under 120K
The majority of inventory (Active listings) comes from existing inventory channels, not new construction. They rarely go over 120K completed units for sale 4,000,000 in 2007 active inventory New homes were less than 200K Today, 1,470,000 active inventory New Homes 121K...
Blend Long-Term Rentals with Short-Term Cash Crops
Rental properties are like planting fruit trees – they take years before they really produce fruit. You also need cash crops – short-term income to support the long-term game.
Memphis Leads with 65% Inventory Surge Since 2019
Among the 50 largest metro housing markets, these 5 have the most inventory relative to pre-pandemic 2019: 1. Memphis, TN -> +65% 2. Denver, CO -> +61% 3. Austin, TX -> +57% 4. San Antonio, TX -> +52% 5. Seattle, WA -> +45% https://t.co/I3bsu481wS
Sharpton Calls ROAD Housing Act Regressive, Hurting Average Families
Reverend Sharpton understands that the ROAD to Housing Act is regressive policy that harms American families who aren't rich enough to buy a house.
Tax Cuts on Tight Gas Supply Benefit Sellers, Not Buyers
Cutting gas taxes when oil supply is constrained is like subsidizing housing buyers when zoning blocks new supply: the price must rise. The benefit flows to sellers, not buyers. #Econ101. https://t.co/IYH25HWAZS
Scarce Waterfront Land Drives Bay Area Housing Costs
This is why Bay Area housing is so unaffordable. Imagine putting gorgeous waterfront apartments there.
Zohran Mamdani Scraps 9.5% NYC Property Tax Hike
JUST IN: Zohran Mamdani drops the proposed 9.5% property tax increase in newest NYC budget plan
CPI Shows Record Rent Surge, Contradicts Private Data
A truly bizarre CPI shelter inflation reading for April. CPI shows the fastest month-over-month ACCELERATION in rent and OER since 2023. There's zero evidence of this in any of the higher-quality private sector datasets. https://t.co/ylVrh5TORW
Reforming Dodd‑Frank Needed to Boost Homeownership Access
If we really want to make homeownership more accessible for more American families, we'd have to unwind / reform Dodd-Frank restrictions on subprime lending. Absent that, if we reduce rental supply, we just make it harder and pricier for families to...
Mortgage Rates Hovering Between 7% and 7.6% Now
Hug a mortgage spread today, because Mortgage Rates in the past few years would have been between 7.05%- 7.65% today
Leverage Near‑Zero Vacancy to Spot Mispriced Deals
My first deal was tiny. A 3-unit multifamily deal. Bought it for just $200k I had been researching the market for a few months and was having trouble finding a good property to buy until I noticed a strong supply-demand imbalance...
NYC Mayor's Team Evaluates Building Carbon Costs
#NYC turning over a greener leaf, as #MayorMamdani admin studies #carbon costs of bldgs. 'This is abt bldg a city that works today w/o compromising the future' #realestate #CRE #NYU #Rutgers #environmental #climatechange https://t.co/lQN1hFwsT3 via @WSJ
Homeowner Insolvencies Surge to 2009 Crisis Levels
Why Are Bankruptcies & Insolvencies Growing So Fast? They Have Reached 2009 World Financial Crisis Levels Main Reasons: - The Collapse of Residential Real Estate - Growing Unemployment in Full Time Jobs - Inflation Destroys Affordability This will likely get much worse The most striking aspect...
Home Sale Tax Exemption Stuck Since 1997, Needs Update
The capital gains tax exemption ($250k/$500k) on the sale of your home hasn't been adjusted for inflation since 1997. It would be ~$500k/~$1M today if adjusted. With the housing boom since 2020, should Congress adjust it for inflation?
Debra Messing Lists UES Home for $
'Grace's' graceful exit. #DebraMessing, 57, lists her #UES home for $6.5M, sez she w/stay in #NYC. 'When you make plans God laughs' #WillandGrace #realestate #mortgage #TV https://t.co/E339SJKvbo via @WSJ