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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Last week I wrote that the easy market was over. That prices were falling, inventory was rising, and the Fed had threatened to make it worse. I did not expect to be back this week with an even harder message. Yesterday, President Trump declared the Iran ceasefire “over.” US forces struck Kharg Island — Iran’s […]
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Griffin Realty Group, 2026
I want to talk about something I have been watching for several months — something that is showing up in my conversations with buyers, in sellers’ behavior, and in the competitive intelligence I get from firms across the market. The data is just now confirming what experienced agents have been feeling since early spring. The […]
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There is a chart I want you to look at before we talk about anything else. It is the OECD Composite Consumer Confidence Index for the United States, sourced from the Federal Reserve’s FRED database. It tracks how Americans feel about the economy, their finances, and their prospects — going back to the early 1960s. […]
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Kevin Warsh held his first press conference as Federal Reserve Chair this afternoon. Markets did not like what they heard. The Dow dropped over 500 points. The S&P fell more than 1%. Two-year Treasury yields jumped 16 basis points — the highest level in over a year. The dollar surged. Gold cratered. And if you […]
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