- Jun 9, 2014
- 19,752
- 27,650
Founding Member
Too busy doing Helocs....they're like Rabbits multiplying everywhere.....gonna break another record for closing this month.Seems to me now would be a great time to take a trip oversees Crete and treat the wifey for supporting you all these years. That strong dollar will go a long way with the Euro below parity, the Pound sniffing 117 and who know where the yen is it might be 140 if you decide to go to Japan.
Too busy doing Helocs....they're like Rabbits multiplying everywhere.....gonna break another record for closing this month.
But are you "data dependent"?People tapping every source they can get their hands on. M2 shrinking fast and we are in for 10-15 year slow slog economically. But like Jay Powell, I could be wrong, LOL
Word is getting out about unemployment rising....all it will take will be one less than spectacular jobs report and another small downtick in inflation and Powell will be forced to pivot(I'm thinking Jan.-Feb)stuff is already starting to crack.People tapping every source they can get their hands on. M2 shrinking fast and we are in for 10-15 year slow slog economically. But like Jay Powell, I could be wrong, LOL
Commercial is dead. I begged my partner to sell the business condo that we own but supposedly there is a tenant ready to sign a lease with some small modifications which we are negotiating.....thank God it's paid off.There is almost 11 months worth of brand new homes built and finished sitting unsold around the country. I am not talking about Florida but I am a macro guy and use anecdotal evidence to predict the future. I am having a situation in another HOT area that is now slowing. An engineer whose business is to go and inspect commercial properties structures, etc. for potential buyers just told me his business has all but dried up. And yes he is in one of the top 3 hot cities in America.