Alcohol sales decline for first time since pandemic, Huge impact on real estate, the pandemic trade is over

  For the first time in a year, since Covid-19 began spreading across the United States forcing Americans to stay home, retail alcohol sales have fallen almost 2%.  Why the change in alcohol sales? No, people are not consuming less alcohol. What does this mean...
BOA predicts a housing “mother of all asset bubbles”      

BOA predicts a housing “mother of all asset bubbles”      

As a result of the current loose monetary policy and additional stimulus coming down the pipe, “imbalances” within the economy are starting to form. BofA predicts a 10% drop in stock prices.  What are other experts saying on the stock market?  How will this impact...
“this time is different” Vaccines rollout, good news abounds, 75% probability you are wrong

“this time is different” Vaccines rollout, good news abounds, 75% probability you are wrong

There has been a flurry of good news with stocks reaching records, talks of more stimulus, and vaccines rolling out.  Small stocks like Gamestop and AMC have been off the charts minting new millionaires every day.   What does all this mean for real estate?  How will...
2 out of 3 loans approved in 2019 would be turned down today, mortgage lenders tighten the screws

2 out of 3 loans approved in 2019 would be turned down today, mortgage lenders tighten the screws

The Urban Institute think tank says nearly two out of three loans made in 2019 would fail to meet at least one of the stricter standards  lenders have imposed since March. Banks are tripping over themselves to be the first to hedge against future downside risks and...
Nike sales plunge 40%, Microsoft closing all their stores, What about real estate? Who will win?

Nike sales plunge 40%, Microsoft closing all their stores, What about real estate? Who will win?

Nike is a bellwether for the retail industry and general economy generating over 40 billion in annual revenue making it one of the largest athletic retailers in the world.  Since 2006 revenue has consistently increased every year.  In June, Nike announced that sales...