Do you think that there will be a new upswing in real estate in the spring? Or is the slowdown here to stay for now?
Real estate is having a hard time, not just in the US, but globally. It has slowed down everywhere from Manhattan to Hong Kong. First they said that the issue was good for housing. A good break after been heated for so long. Now this slowdown has extended further than markets and those professionals working in the industry has desired. What they don’t understand is that we are late in the cycle and while there may be growth in some areas, it’s difficult to appreciate in an environment where conditions are tightening. We’ll see what the future has in store.
Cramer: ‘Be careful about how much you sell’ at these levels
The unusually large drop in home sales has real estate agents baffled
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US home sales plummeted 6.4 percent in December
Manhattan, Brooklyn & Queens Real Estate Hot Spots
Greenwich Homes Get Cheaper as Buyers From NYC Cut Their Budgets – BNN Bloomberg
More Americans are feeling pessimistic about the economy – MarketWatch
Holger Zschaepitz on Twitter: “QE infinity is all the talk in Davos at #WEF19: Bridgewater’s Dalio says monetary policy will be easier than factored into markets. UBS’s Weber says normalizing rates this cycle is ‘mission aborted.’ G3 Balance sheets and MSCI World Index move in lockstep. #Davos… t.co/8kTtkew2Jy”