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Real Estate

Goodbye California and New York – Wealth Exodus Continues

The exodus from blue states has not waned since the pandemic. Americans are seeking lower taxes, crime, and tyranny as half of our nation descends into utter chaos....

New York Commercial Real Estate Plunges 97.5% at Great Depression Levels

COMMENT #1: Mr. Armstrong, I had to write to say thank you so much for everything you do. When Trump was indicted, you said sell and get out of New York. Your...

June Home Sales Drop in Line with ECM

I noted that real estate in the United States would turn into a buyer’s market in May 2024 going into August 2028 in a reversal from the buyer’s market we’ve...

People Flee Illinois – Blue State Exodus

We saw it happen first in California. People could not handle the restrictive policies during the pandemic, which was worsened by the drastic increase in taxes and...

Real Estate vs Supply & Demand

QUESTION: Mr. Armstrong, My question on real estate is that we are in a period where demand has outpaced supply. Has the migrant crisis and climate change collided...

US Home Prices Nearing All-Time Highs

Home prices in the US are near all-time highs. As I repeatedly stated, we can no longer look at real estate on the national level. Demand and value are contained to...

US Real Estate Market

  QUESTION: Mr. Armstrong, You were the only one who forecasted that real estate would continue to rise in conjunction with the rate increases by the Fed. I...

US Housing Prices Push Higher

  Fannie Mae admitted their forecast of declining home prices was incorrect. They initially projected that housing would fall by 1.2% in 2023, followed by 2.2%...

The COVID Refinance Boom is Over – See Who Benefitted

New mortgage originations have reached their lowest level since Q2 of 2014. Inventory remains historically low, shelter costs are historically high, and it makes no...

New FHFA Rule- Middle Class to Subsidize High-Risk Borrowers

Biden is ushering in new socialistic policies and there are no checks and balances. I mentioned a few weeks ago how Fannie Mae and Freddie Mac are changing Loan...