AKM
@akm515
Real Estate with a Texas focus. M&A specialist | Economist. WSJ best selling author. Educational purposes only. Not financial, legal, or tax advice.
Hard no. Less than 1% interest rates? Inflation would roar back to life and then some. The Federal Reserve, despite all of its sins (and there are many) is doing the right thing by keeping interest rates elevated. Which by the way, are actually still 'normal' by historical…
Trump says the Fed should set interest rates at less than one half of one percent:
Austin, TX - the poster boy for the housing market speculative bubble and subsequent correction. As lucrative entry level tech jobs dry up, Austin will continue to face issues finding new buyers who can financially support current prices.
City of Austin has the most active homes for sale in a long time. Pandemic low = 3,505 Current - 17,491
Home builders in America already lower interest rates. Their inventory still isn't selling like they hope. There's just too much inventory for sale and it's still priced too high. In Texas specifically, property taxes + insurance add another $1k to buyers monthly payments to…
Yikes. @DRHorton wirh a 24% decline in net income. Builders are going to struggle to sell their inventory without further price cuts. They already offer lower interest rates, so it's not the rates.
America's Largest Home Builder, DR Horton, just reported 24% decline in net income. Less revenue, less income and revised guidance incoming at 8:30 Eastern
Someone in America needs to make a retro style budget friendly $10k car. Bypass dealerships. Sell online. Low tech. High reliability. Easy to maintain & service anywhere.
What does a buyer need to be aware off if purchasing a foreclosed home?
Negative net migration. Atlanta, GA is going to see a housing price correction One of the largest cities, perhaps the largest outside of the Bay Area with negative migration in 2024
Since the invention of A/C, Atlanta's growth was a given. Not anymore. For the first time on record, more Americans are leaving metro Atlanta than moving in.
Housing inventory in Texas is going ballistic. 138k homes for sale in July 2025. HIGHEST level ever in FRED's data. Before COVID, homes for sale peaked at 107k. More importantly, the rate of growth is steep and will likely continue to grow for another month or two before…
The problem with the housing market in Dallas is that it's priced for an older and wealthier demographic that disproportionately ALREADY owns a house. First time home buyers are almost completely priced out.
56 years ago we landed on the Moon. America at its finest. Leading the world and taking care of our own. A single income factory worker could comfortably support his family - all of it - housing, cars, college, healthcare etc. We need to course correct. When we unite and…
Humans landed on the moon for the first time 56 years ago today 🌕
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Andy Byron: I’m just gonna have a nice night out with my sidepiece Coldplay:
The recession already happened. We just masked it with grotesque levels of debt via our fiscal deficit and all the other policy shenanigans. Now we've raised the debt limit by $5 Trillion with an AI bump on the way. There's virtually no chance for a recession.
.@Polymarket - The odds of a recession in the U.S. have dropped to their lowest level ever. Late April - 70% chance TODAY - 19% chance
A friend's water tank burst while they were on vacation. Part of their ceiling caved in. There are so many stories of water related damage during travel. TURN YOUR WATER OFF and drain your pipes before you travel!!
The Hill Country floods are going to have long-term consequences. The area is largely uninsured against flood risk, resulting in an expected surge of foreclosures. Further, local government loses its lifeblood - property tax revenue. Nobody is going to get legitimate flood…
What’s happening in Dallas? Dallas is undergoing a unique form of high-income gentrification. Neighborhoods are changing rapidly. Driven by demographic shifts, tech migration, and rising home prices. After speaking with local residents, realtors, and builder sales reps, here’s…
Dallas drops from No.6 to No.19 due to "housing affordability challenges". We're overpopulating our major cities. America needs to get a grip on immigration, fiscal deficit, and build new cities.
It's astonishing what we've done to the American Dream.
Why does the average consumer feel worse off? Because 41% of consumer spending goes to: housing, utilities, healthcare, medications, and insurance. This was 16% in 1947, 30% in 1980, and 35% in 1990. Fewer consumer dollars are left for true discretionary spending.