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JUST IN: US home prices rise by 0.9% in July according to Case-Shiller data, marking a fresh ALL TIME HIGH.
Despite mortgage rates soaring to 7.5%+, their highest since 2000, home prices are up 5 STRAIGHT months.
Year-to-date, home prices are up 5.3% which is more than the…
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由
The Kobeissi Letter
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JUST IN: US home prices rise by 0.9% in July according to Case-Shiller data, marking a fresh ALL TIME HIGH.
Despite mortgage rates soaring to 7.5%+, their highest since 2000, home prices are up 5 STRAIGHT months.
Year-to-date, home prices are up 5.3% which is more than the median FULL year average.
This means that home prices are outperforming the S&P 493, which is the S&P 500 minus 7 tech stocks, on a YTD basis.
All as 8%+ mortgages are on the way and existing home sales hit 2010 lows.
How can this end well?
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Here’s how to use Grok as an app with just one click on your MacBook
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Here’s how to use Grok as an app with just one click on your MacBook
no need to open Safari every time to use Grok
The easiest way to install Grok as a web app:
➝ Go to grok .com in Safari
➝ Click File > Add to Dock…
➝ Name your web app (it’s usually auto-filled)
➝ Click
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twitter.com)
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BREAKING: Elon Musk has a very important message for the people of Wisconsin:
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BREAKING: Elon Musk has a very important message for the people of Wisconsin:
"The general idea here is just to bring attention to the Wisconsin Supreme Court race, which is just going to be decided very shortly. This is about nine days away, perhaps just over a week, 10 days.
btc
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twitter.com)
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