Pacific Consulting GroupFollow
Providing Comprehensive Real Estate Advisory Services. Underwriting, Analysis, Engineering, Design, Project Management & Construction
I was recently featured in a CSUSM MBA alumni update. I decided to pursue an MBA in my early 30's and about a year into the program my daughter was born. It was a lot of long nights juggling school with an engineering career and st…https://lnkd.in/gpmNdCja https://lnkd.in/gz9nU8DA
Rates are going up folks….. https://wolfstreet.com/2022/09/30/flush-with-pandemic-cash-tax-revenues-states-cities-throw-money-around-congress-too-is-it-a-surprise-consumers-outspent-this-raging-inflation/
No real surprise here. Housing remains cyclical. Short term the sector faces headwinds but longterm housing need/demand will continue to be strong. “Don’t wait to buy real estate, buy real estate and wait” - W.R. https://www.nahb.org/blog/2022/10/fed-rappapport
91% of metro areas are now high risk.
Our Housing Cycle Risk Index(TM), developed almost 20 years ago, is flashing red. It is fully mathematical and still being propped up by artificially high job growth (due to the recent recovery in the hospitality sector).
Interesting read, last correction the “smart money” was way to conservative. Hopefully they aren’t this time. I do believe this time it is different, although I dislike that term. https://twitter.com/FortuneMagazine/status/1577042872687333386
🏠Not only is there a consensus on Wall Street that we’ve entered into a period of falling home prices, but there’s also a consensus it will be the second-sharpest decline since the Great Depression.
Where are U.S. home prices heading next? 🧵 https://bit.ly/3y9lQIs