Market REcap
Insights and analysis into
the real estate market
Hear from our very own real estate and stock market luminary Mike Shapiro, as he brings you the latest in Residential Real Estate trends. Mike has been a thought leader in the real estate market for over a decade, and writes on topics ranging from fluctuating interest rates and regulatory updates to economic patterns and real estate forecasts.
The sky isn’t falling
We’re an enormously resilient species and from everything I see and hear around me—from reading the tape and paying attention to behaviors and actions and conversations—I don’t see the sky falling. Instead, I see people going out to eat, shopping, traveling, working, and generally getting on with life.
When recession comes knocking
And as I write this post, despite what seems to be bad news on the economic front, the Wall Street Journal reports that consumers are spending – the August report shows overall retail gains of .3%, which WSJ calls “resilience in the face of inflation.”
Flourishing or floundering? Choose your recession style
As we teeter on the edge of a potential recession, are you fearful of what’s around the corner—or will you choose a path in which you amp up your creativity and flourish?
Well…history is always going to repeat itself
In these pre-/potential-recession days, there is a lot of speculation: whether the markets have hit bottom yet, and just how bad the recession—if we have one—will be. Friends, as I’ve said before, if anyone tells you that they can peg the bottom (or the top) of the markets, head for the hills. It’s simply not possible.
Geopolitical unrest + ongoing challenges = likely recession
No one can predict just how long this war will last or how far Putin will go in his quest to reunite the Soviet Union. But certainly, the vast and deep sanctions by dozens of countries and pullbacks by a growing number of global business leaders will eventually hit home for Russian citizens. And while Americans are incredibly fortunate if our most significant impact, overall, is economic in nature (unlike the people of Ukraine), it will still hurt. The question is, just how bad will it be?
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