Condo Prices Dropped by 12% to 31% in 31 Bigger Markets. Some Are where They’d Been 20 Years ago, such as Oakland by Wolf Richter • Apr 20, 2026 • 40 Comments Condos face some special challenges. Oakland (-31%), St. Petersburg, FL (-28%), Austin (-26%) … the names pile up.
Nasdaq up by 60% since Liberation Day Selloff and by 100% in 3 Years. People Are Just Having Fun by Wolf Richter • Apr 17, 2026 • 174 Comments While the Nasdaq gained 100%, the economy grew by 15% not adjusted for inflation. Who needs cryptos when stocks are so much fun.
Inventory of Homes for Sale in California Rose to the 2nd Highest for March in over a Decade as Demand Withered: Biggest Markets by Wolf Richter • Apr 1, 2026 • 39 Comments In the San Jose metro (Silicon Valley), active listings hit at least a 10-year record for March. But Orange County lags behind.
Update on the “Lock-in Effect” in the Housing Market: Below-3% & 4% Mortgages Fade Very Slowly by Wolf Richter • Mar 27, 2026 • 52 Comments Share of ARMs originations fell further and is at historic lows: FHFA’s National Mortgage Database.
US Winemakers and Beer Brewers Face an Existential Crisis: Plunging Alcohol Consumption by Wolf Richter • Mar 26, 2026 • 139 Comments Beer brewers have long suffered as Americans switched to wine. But since Covid, even winemakers got hit, and 2025 was really bad.
Fed’s Operating Losses Declined to $19 Billion in 2025, “Unrealized Losses” Declined to $844 Billion by Wolf Richter • Mar 25, 2026 • 36 Comments QE hangover a little less atrocious after years of QT and lower interest rates.
Prices of New Single-Family Homes Drop Further, Inventory of Completed New Homes for Sale Highest since 2009 by Wolf Richter • Mar 19, 2026 • 37 Comments Hoping for lower mortgage rates that may not come.
Bond Market Gets Edgy as US Treasury Debt Hits $39 Trillion, Spiking by $2 Trillion in 7.5 Months and Not Slowing Down by Wolf Richter • Mar 19, 2026 • 80 Comments But debt doesn’t exist in a vacuum: The Debt-to-GDP and Deficit-to-GDP ratios provide (ugly) context.
The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Big Expensive Cities, February 2026 by Wolf Richter • Mar 17, 2026 • 50 Comments Each city has its own housing market. In some, home prices have dropped a lot; in others, prices have hit new highs.
Another Mostly Empty Office Tower in San Francisco Sells for 75% Off: Juul’s Abandoned Headquarters by Wolf Richter • Mar 16, 2026 • 45 Comments Now there’s a new wave of investor-funded tenants in town that are swimming in cash: AI companies.
