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
Plunk Plunk

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.

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When recession comes knocking
Plunk Plunk

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.”

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Well…history is always going to repeat itself
Plunk Plunk

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.

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Keep calm and regroup
Plunk Plunk

Keep calm and regroup

In a nod to the British WWII “Keep Calm and Carry On” slogan, this week my message to you is, “Keep Calm and Regroup.” I say this because there’s a lot of gloom in the news these days and rightly so: right now, everything from personal finance to personal safety seems to be in jeopardy and the collective mood is quite down for the start of the summer season.

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A buffet of Buffett, Munger and market madness
Plunk Plunk

A buffet of Buffett, Munger and market madness

These are strange times, so strange, in fact, that I can’t even follow my own advice, to read the tape, because I can’t get my head around what’s happening now. In more than 30 years of trading, I’ve never experienced markets quite as bonkers as these.

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