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🦧 when median doesn’t tell the full story

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🦧 when median doesn’t tell the full story

Ape of Omaha
Apr 14, 2023
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🦧 when median doesn’t tell the full story

www.wiseape.fyi

StockAlgos

"one of the best, affordable stock research platforms that hosts stock picking competitions”

🤷 overall, housing has been meh

  • the latest existing home median sales price posted at ~$363k for february

    • that’s down 13% since june 2022

    • the peak total existing home sales 6.56 million (annual) was back in october 2020

 
 

🇺🇸 but here’s another way to look at it

  • there’s a stark contrast in housing sentiment between the west coast and the east coast currently in the us

    • all 12 major housing markets west of Texas showed declining housing prices in january

    • the 37 biggest metro areas east of Colorado showed rising housing prices in january

 
 

🧠 keyword: jobs

  • while unemployment stays at a steady low of 3.5%, we keep hearing these mass layoffs in tech – and the divergence is showingin real estate prices

  • the biggest tech hubs (san jose, san francisco, seattle) are among the biggest decliners, while florida and other southern markets are adding 10%+ gains in price (annualized)

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💡 something im thinking about

3 of 4 americans who have heard of crypto are not confident in crypto’s safety and reliability (click image)

as always, i’m no financial advisor! (i’m no substitute for professional financial services)
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🦧 when median doesn’t tell the full story

www.wiseape.fyi
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