Ominous economics

BREAKING: US budget report for August shows YTD interest expense is now at a record $808 BILLION. For the first 11 months of fiscal year 2023, the total US budget deficit was $1.5 trillion. This is up $600 billion compared to last year, a massive 61% increase. The...

Funky RE

Real estate markets are about to do something they haven't done since 2005. For the first time since the financial crisis, EXISTING home prices are about pass NEW home prices. The median new home sales price is now down to $416,000. Meanwhile, the median existing...