KEY TAKEAWAYS A conversation in real estate right now is almost perfectly designed to confuse anyone trying to decide whether to buy or sell. On one side, you hear that the market is cooling — prices under pressure, buyers hesitant, inventory building, days on market extending. On the other side, you hear that luxury sales […]
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Kevin Warsh just delivered his first speech at Jackson Hole — the annual gathering of the world’s most powerful central bankers in the Wyoming mountains — and the message was unmistakable. The Fed is not done. And the housing market, which has spent the entire summer quietly correcting itself, is now staring down the possibility […]
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Something has shifted this summer. It is subtle, uneven, and easy to misread — but it is real. After months of what can only be described as a psychological freeze in the real estate market, there are early signs that buyers are re-engaging. Conversations that stalled in spring are restarting. Properties that sat through June […]
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Don’t Let the Midterms Distract You From What’s Actually Happening in Real Estate. The midterm primaries are in full swing. Polling suggests the Democrats may be positioned to make meaningful gains. The political commentary is everywhere — and with it comes a familiar pattern that plays out in every election cycle: buyers and sellers freeze […]
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Last week I wrote about Japan quietly pulling $30 billion out of the US Treasury market in a single quarter — and why that, not the Federal Reserve, is the real force keeping your mortgage rate elevated. I did not expect the story to get more dramatic within days of publishing it. On July 31st, […]
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Every conversation about mortgage rates starts the same way. The Fed raised rates. The Fed is holding rates. The Fed might raise rates again. It is all Fed, all the time — as if Jerome Powell’s successor Kevin Warsh is the single lever controlling the cost of borrowing in America. He is not. And if […]
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Osterville gained meaningful momentum in the second quarter, with the average sales price rising 5% to $2.13 million and the median jumping 38% to $1.49 million. Despite active listings increasing 57%, strong sales activity pushed available inventory down 26% to just 3.05 months. While one quarter does not establish a lasting trend, the key question […]
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Construction on the new Sagamore Bridge is set to begin in late 2027. That is no longer a rumor or a projection. MassDOT has completed foundation load testing, is finalizing the selection of the design-build contractor, and expects to award a construction contract by the end of this year. The crane you saw looming over […]
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