Welcome To The Real Estate Industry Apocalypse

Higher interest rates are absolutely strangling the real estate industry, and there is no relief in sight.  The sudden shift from a very low interest rate environment to a much higher interest rate environment has paralyzed sales.  As I have discussed previously, very few homeowners that are currently locked into a mortgage at a low … Read more

Speculation Grows That Warren Buffett Is “Bracing For A Recession” As Consumer Confidence Plummets And Retailers Fall On Hard Times

The Biden administration is trying really hard to convince us that the U.S. economy is doing just fine, but the numbers just keep getting worse and worse.  Consumer confidence is plummeting, large corporations are conducting mass layoffs all over the country, and major retailers are really struggling right now.  Meanwhile, some of the smartest guys … Read more