If you buy a fixer house & can't fix it all in 2 years, you may end up replacing your earliest fixes before you even start on others. Example: carpet. After 10 years in my fixer house, I haven't yet redone the kitchen because I'm paying cash as I go. But the "new" carpet has died. 1/10 #realestate

The FHFA HPI reports US house prices fell -0.4% MoM & rose 3.0% YoY in April. MoM changes ranged from -1.3% in the West South Central & South Atlantic census regions to +1.2% in the Middle Atlantic. YoY changes ranged from +0.5% in the Pacific region to +7.4% in the Middle Atlantic. #RealEstate

My fixer house needs new carpet, so I'm researching carpet makers. Here's a comparison I made across reviews from Better Homes & Garden, LifeStory Research, Carpet Captain, Houzz & Reddit. The last column counts sources with positive mentions for each manufacturer. #homeownership #realestate

Charlie Munger on asset allocation: "If a thing is not worth doing at all, it's not worth doing well." #personalfinance

"Real estate industry hopes Liberal government steps up its game" as told by @goldinyvr.bsky.social #bcpoli #vanpoli #vanre GIFT LINK: www.theglobeandmail.com/gift/ee67d5a...

“Just in the past 10 days, Donald Trump Jr. made stops in Hungary, Romania, Serbia, and Bulgaria,” the newspaper wrote. At the same time, Eric Trump was visiting Qatar, the United Arab Emirates, and other Middle East spots promoting the family’s real estate company and crypto plans.

Considering a home purchase in Los Angeles? These neighborhoods are gaining steam in the real estate world. According to an analysis from nonprofit newsroom Crosstown, West Adams has experienced th…

We got the plans out of Trump on his ideas for Alcatraz! Like in Gaza Trump sees our old dilapidated prison on an island as a real estate play! Always making deals! Mar-a-Lago West !

San Diego mayor says real estate moves will save city $13M over 5 years San Diego Mayor Todd Gloria announced that renegotiating the lease for the building at 525 B Street will save the city $13 million over the next five years.

Recent data from TD Bank's GTA Condo Market Outlook points towards condo values falling by 15-20% from their peak in Summer 2023 by the end of 2025, with 10% of that decline taking place in this year alone. Full story: loom.ly/B04RiKs #GTA #Toronto #realestate #housing

If you buy a fixer house & can't fix it all in 2 years, you may end up replacing your earliest fixes before you even start on others. Example: carpet. After 10 years in my fixer house, I haven't yet redone the kitchen because I'm paying cash as I go. But the "new" carpet has died. 1/10 #realestate

In an analysis of 47 million single-family home & condo sales in 2015-2024, ATTOM found US home sellers got the highest prices when selling in May, with a 9.5% premium over the year's average price. Next highest were February (9.4%) & April (9.1%). #realestate www.attomdata.com/news/market-...

Some #personalfinance & #homeownership facts show up best in stacked area charts. I've shown a personal example. Some under-appreciated facts of life: 1. PAYROLL TAXES—including US & state income taxes, FICA & SDI—are your biggest expense by far. Include them in your budget & manage them! 1/5

Trump is & always has been extraordinarily bad for business. Just assume he will break anything he touches. This simplifies investment planning. 😜

Peter Zeihan shares his take on how tariffs & Trump's ejection of immigrants from the US worsen other demographic trends in the US home purchase market. (~5 min) #realestate www.youtube.com/watch?v=8J6p...

Consider US Treasury investments like T-bills & bonds. What happens to those if Trump decides to default on US debt? They become worthless, that's what. So investors are dumping them now. Would DJT ever default? Has he ever defaulted on debt in the past? 😬 #personalfinance

Covid had an enduring impact on consumer sentiment, per the University of Michigan Index of Consumer Sentiment. The index is measured relative to the year 1966. In 2017-2019, the US consumer level of satisfaction was almost equal to the riotous, protest-ridden 1960s. Then things fell off a cliff.

How upzoning reduces land costs: Auckland's THA zone allows 5-storey buildings, where before, ~1-2 storeys was allowed. Hence, the stock of 5-storey-zoned land increased significantly. This creates more leverage for 5-storey builders over landowners, reducing land prices.

Too funny. youtu.be/HJ8qGOe2K0o?...

The former president of South Florida's biggest HOA will remain in jail while awaiting her trial on charges she participated in a massive fraud that siphoned funds from the homeowners association. therealdeal.com/miami/2025/0...

The Case Shiller national home price index increased 4.1% year-over-year in January. (This index tracks same-house price changes to ensure like-to-like comparison.) #realestate

In 2024 I invested 30% in mortgage prepays, 30% in I-bonds/T-bills/cash, & 40% in stocks. In January, with DJT in mind, I switched to 50% prepays, 25% bonds/bills/cash, & 25% stocks for new investments. Half my existing stocks moved to T-bills. Recent stock doings seem to ratify the plan. Holding.

When buying a home, consider what you'd have if the home burned down. Be sure the LAND is something you'd want. Neighborhood. Proximity to jobs/services. 2 roads in/out. Drainage. Erosion. Earthquake fault. Fire risk. View. LAND is 65% of home cost in So Cal cities. Is it worth it? #realestate

First homes begin rebuilding after Palisades Fire. One home completed permitting process in 3 months, since they are basically rebuilding the previously approved house. #realestate www.youtube.com/watch?v=S6wA...

Households are considered cost-burdened when they spend more than 30% of their income on rent, mortgage payments, and other housing costs. Higher housing costs reduce the ability to pay for necessities like health care or may force people to live in lower-quality housing or neighborhoods.

Buffett wins, billionaires lose big! #econsky

#econsky Whoops.... www.axios.com/2025/04/06/t...

Canada accounts for roughly 85% of all U.S. softwood lumber imports, a key component of new home construction costs. Mexican is the primary source of such major construction cost drivers as gypsum, concrete and near-shored & appliances. www.nahb.org/blog/2025/04...

Sometimes, you just need to repost a great work of art. 😛 www.youtube.com/watch?v=LiYZ...

There are thousands of businesses that depend mostly or entirely on money spent by these people every day. Companies that will be out of business in a heartbeat if there are even minor interruptions in payments. #Disability #EconSky

The US median home price fell slightly to $351,000 in Q1 but remains up 5.2% YoY. Median-priced homes are unaffordable in 97% of U.S. counties. Major homeownership expenses consume 32% of the average national wage vs the 28% preferred by lenders. #realestate www.attomdata.com/news/most-re...

I'm thrilled to have both tax refunds in hand already, BEFORE April 15th! The federal refund took less than 7 days to deposit electronically. The state took ~3 weeks. I used to wait until October 15th to file. BUT— Refunds in March arrive 8 MONTHS SOONER than refunds in November. #personalfinance

Lennar sees largest unsold completed homes inventory since 2009 this spring, compressing profit margins to 18% as they offer bigger sales incentives & reduce effective home prices to lure buyers. Business is slowest in Florida & Texas. www.resiclubanalytics.com/p/housing-ma... #realestate

The FHFA Home Price Index rose a seasonally adjusted 0.2% MoM and 4.8% YoY nationally in January. For the nine census divisions, YoY changes ranged from +2.4% in the West South Central division to +8.2% in the Middle Atlantic division. www.fhfa.gov/news/news-re... #realestate

Weathermen were legally wizards for 97 years - YouTube www.youtube.com/shorts/61KtX...

A CHART OF ACCOUNTS lists the financial accounts that record your assets, liabilities, income, expenses & net worth. How you set up your chart of accounts matters. Choose accounts that: • Break out the details you need to make decisions • Give all crucial totals at a glance 1/8 #personalfinance

My DJT-weighted allocation for NEW investments did what I wanted. It is: • 50% mortgage prepays (better than gold) • 25% I-bonds & T-bills • 25% S&P index When Buffet exited S&P, I moved 50% of my OLD S&P to T-bills too. Total return > inflation. That's good enough until 2028. #personalfinance

Expectations for personal finances drop to the lowest since start of tracking #EconSky

2024 was an expensive year for disasters, both in dollars and impossible to tally cost of lost lives. 2025 is starting off in a similar fashion. That means many who go through such catastrophes will likely turn to their retirement savings to help recover. www.dontmesswithtaxes.com/2024/05/reti...

DOGE dead wrong clawing back senior’s Social Security #USpol #Musk #DOGE www.seattletimes.com/seattle-news...

Sharp spike in share of Americans worried about losing their jobs too www.apolloacademy.com/consumer-sen...

🔥 Fires Near Cities Are a Bigger Health Risk Than We Thought Fires near towns & cities cause far more health problems than remote wildfires Their smoke spreads toxic pollution to people nearby, leading to more early deaths 🔗 www.science.org/doi/10.1126/... #Wildfires #AirPollution #SciComm 🧪

"There is a cult of ignorance... ...The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that my ignorance is just as good as your knowledge." 🧪 - Isaac Asimov 🔗 tinyurl.com/ytmx84db

#TobRegSky #PedSky #MedSky #EpiSky #addictionsci #policysky #polisky #neuroskyence #neurosci #PainResearch #addictionsci 🧪🛟 🫁 New NIH funding cut in half since beginning of 2025.

Fastest federal tax refund EVER. 5 days! Filed electronically using H&R Block tax software. I'm sure automation is key now, given staff reductions in government. A paper return with manual processing would likely take much longer. Beating the April & October rush periods also helped. FWIW

In the ABCs of Real Estate, O is for OPTION: The exclusive right to buy or lease a property on specified terms within a specified period. The buyer pays the seller a fee for this right. The buyer need not exercise their right, but the fee to reserve this option is non-refundable. 1/3 #realestate

Pacific Palisades devastation after the fires is massive. Yet somehow isolated homes survived here & there. This drone flyover captures the present status. www.youtube.com/watch?v=x8We...