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Wolf Street

Commercial Property

Every now and then we get a sign.

Watch the banks.

Yahoo tries to “quietly” dump its Holy Grail property.

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The banking turmoil is seen as next test for consumers. Would be a hoot if they just go ahead and blow that off too.

Nearly two-thirds of consumer spending goes to services. That’s where the inflation action is.

Where is demand for homes supposed to come from when the population keeps declining?

Lot of demand and supply gone in equal, with no net impact on inventory, but huge impact on sales, commissions, profits, and jobs.

Spring selling season volume lowest since Housing Bust 1.