The Fuse Has Been Lit (Condo Market Collapse NATIONWIDE)
Nationwide condo market collapse has been set in motion
50 is a coin flip. Higher means a creator's past calls beat chance on the assets and periods they were made in; lower means they did worse.
A high score does not predict the next call. We tested whether it does, and it does not. We publish the ranking because the record should exist and be checkable. Our scoring is not financial advice and the method behind it is not published.
yucky — below luck. Provisional — too few graded calls to mean much. This does not predict their next call. We tested whether it does and it does not. Our scoring is not financial advice.
Most coveredUS condo market 5 →Commercial real estate 2 →Banc of California 1
Nationwide condo market collapse has been set in motion
Banc of California faces significant financial exposure ahead after a surprise $251.3M loss, with risk to bondholders
Don't buy real estate in Amazon cities after this announcement — values there are set to decline
Commercial real estate exposure signals a coming downturn in the real estate market
Regional banks are in trouble as eight raise commercial real estate loss reserves, mirroring the early stages of the 2007 downturn
Inflation will get much worse than the May numbers, driven by an energy shock pushing costs higher
Inflation data signals increased strain on the housing market and consumer spending power
America's biggest retailers are collapsing with accelerating store closures and liquidations
The retail collapse will negatively impact commercial real estate
The rise in pending home sales is a trap — the housing market is not actually recovering
The stock market resembles the 1999 dot-com bubble before its crash, per Michael Burry's warning
The housing market is dying and a crash is coming