What going on? Is the recession cancelled? #mortgage #housing
People normalized high interest rates
Do they not fear more layoffs and earnings recession?
Meta stock more than doubled and msft and apple at all-time highs.
Hedge against stagflation.
Well, if layoffs continue, then we'll have a foreclosure-palooza like 2008.
Meta stock go brrr
Elementary school has Asians at 85% 😳
Bay area’s housing market is directly proportional to tech stock prices.
Yes, a large % of all tech salaries have an RSU component; so we are dependent on the stock price
no lender would consider RSU as an income
I know many Apple and Nvidia employees are going way above asking price.
Yes, Apple and Nvidia stocks are almost back to their all-time highs
And also Facebook
This is insane, how much money have people stuffed in their mattresses
Can confirm. Got outbid this weekend on a couple of homes.
Same here. Got outbid on a home this weekend
Maybe someone who bought such home can confirm how they did it?! 500K down+ ?? reserves+?? Unvested RSUs
Just lowballed on listings
And lost?
Too many offers (like 10+) means they can relist it at a higher price