Author: josh
These High-Inventory Markets Could “Swing Up” in the Next Cycle
Dave:Inventory, the all important metric that we are always tracking and always watching isn’t anymore moving in just one direction nationwide. In some markets, listings are rebuilding and buyers are having more leverage. While in other markets, inventory is still tight and in some, it’s actually going down. And that regional split is shaping everything, affordability, negotiating power, and where investors can still find opportunity. I’m Dave Meyer, and today I am joined by Lance Lambert to break down the latest regional inventory trends, why they’re happening, what outcomes they tend to produce, and what it means for the national…
Tariffs are the new normal, and now most CEOs expect the import taxes to outlast the Trump administration, PwC report finds | Fortune
Ancient Greek philosopher Heraclitus was credited for saying, “Change is the only constant,” and about 2,500 years later, American CEOs are heeding his wisdom. Executives are accepting tariffs as the new normal and are preparing to weather the levies even after President Donald Trump leaves office, according to a report published on Monday from consultancy PwC. In a survey of 633 U.S. executives conducted last month, PwC found 86% treated tariffs as a permanent planning assumption. “CEOs aren’t planning around short-term tariffs anymore,” Kristin Bohl, PwC U.S. partner in Customs and International Trade Practice, told Fortune. “They’re treating tariffs as…
In This Article Real estate taxes are like piranhas constantly chomping away at the meat and bones of cash flow. There’s no way around them, and failure to pay can result in city liens and possible foreclosure. No one said real estate investing was easy. That’s why finding a low real estate tax state that is still affordable and has decent rents and lower insurance rates is the Holy Grail of investing. However, they’re not a dime a dozen. After spending hours number crunching, you might feel you’ve got a better chance of stumbling across a unicorn foal. Don’t worry,…
Buyer momentum builds, but it’s far from universal
More than 60 percent of major U.S. housing markets are shifting toward buyers, as Realtor.com’s new Market Clock highlights a growing divide between regions and evolving local conditions. Just over 60 percent of the nation’s largest housing markets have shifted into balanced or buyer-friendly territory, while only 26 percent still favor sellers, according to a new analysis from Realtor.com. The data arrives alongside the launch of the Realtor.com Market Clock, a new tool aimed at cutting through housing market noise and giving buyers, sellers and industry watchers a clearer, forward-looking view of local conditions. The Realtor.com Market Clock currently pegs…
Stock futures sink while oil spikes as the U.S. Navy looks to squeeze Iran’s economy and break its grip on the Strait of Hormuz | Fortune
After a week when ceasefire hopes lifted sentiment and stock prices on Wall Street, the U.S. war on Iran could soon flare up again. Talks between the two countries ended without a deal over the weekend, prompting President Donald Trump to announce that a naval blockade will be imposed on the Strait of Hormuz. That would target Iranian oil shipments, which have continued flowing, while Tehran has bottled up supplies from other countries by selectively closing the strait with drone and missile attacks. Futures tied to the Dow Jones industrial average fell 531 points, or 1.10%. S&P 500 futures were down 1.15%,…
The 3-step framework that helps agents break out of a slump
The actions that will help you break through a plateau align with a framework that has stood the test of time: ask, seek, knock, Jimmy Burgess writes. Feeling like your business is stalled right now? Maybe the market has shifted. Maybe your business has plateaued. Or maybe you’re simply trying to get back to where you once were. Whatever the reason, that feeling is real. And if you’ve been in this business long enough, you know it’s not uncommon. Every agent goes through seasons where things feel harder than they should. The difference is what you do next. As I’ve…
JD Vance leaves Pakistan after marathon talks with Iran end without a deal as Tehran refuses U.S. demand not to develop nuclear weapons | Fortune
U.S. Vice President J.D. Vance said negotiations ended early Sunday between the United States and Iran without a peace deal after the Iranians refused to accept American terms to not develop a nuclear weapon. The third round of historic, face-to-face talks concluded days after a fragile, two-week ceasefire was announced as the war that has killed thousands of people and shaken global markets entered its seventh week. The latest bargaining lasted 21 hours, Vance said, with the vice president in constant communication with U.S. President Donald Trump and others in the administration. “But the simple fact is that we need to see an…
Are we using AI to build our business — or replace it?
What do we believe the role of a real estate professional truly is, Lori Muller asks, and what happens if we start replacing that role with something that was never designed to fulfill it? A recent transaction out of Florida sparked a conversation that continues to ripple across the real estate industry. A seller used AI — not a traditional real estate professional — to guide the process of listing and selling their home. The story quickly gained traction, and like many industry debates, it centered on a familiar question: Did the seller leave money on the table? But focusing…
‘It’s 13 minutes of things that have to go right’: Artemis II splashes down despite faulty heat shield | Fortune
After nearly 10 days in space, complete with a historic loop around the moon, the four astronauts on NASA’s Artemis II mission faced their most dangerous moment yet: not in deep space, but in the final 13 minutes of their journey home. “It’s 13 minutes of things that have to go right,” said NASA’s Artemis II flight director Jeff Radigan on Thursday at a news briefing. Before the Orion spacecraft, named Integrity by the crew, ever left the Kennedy Space Center launchpad in Florida on April 1, NASA knew there was a problem. During the unmanned Artemis I mission in…
March CPI jumps 0.9% as gas prices surge on Iran conflict
The Consumer Price Index rose 0.9 percent in March, its largest monthly gain since June 2022, as a 21.2 percent surge in gasoline prices — the biggest single-month increase in the index’s history — accounted for nearly three-quarters of the monthly increase, the Bureau of Labor Statistics reported. Consumer prices rose 0.9 percent in March from the prior month — the largest monthly gain since June 2022 — as gasoline prices posted their biggest single-month increase since the index was first published in 1967, the U.S. Bureau of Labor Statistics reported Friday. On an annual basis, the Consumer Price Index…