BREAKING: The median US condo sale price declined -2.2% YoY in May, to $354,100, marking the second-largest decrease since at least 2012.

The only time condo prices dropped by a larger amount was in April 2023, by -2.9%.

Meanwhile, condo sales plunged -11.9% YoY, the most since June 2024, and more than 3 TIMES the decline in sales of single-family homes, which fell by -3.7%.

Overall, combined sales of condos and single-family homes fell to their lowest level for any May since 2020.

This comes as there are ~80% more condo sellers than buyers in the market, according to Redfin.

We are seeing some early signs of a housing cool down.

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Years before floods claimed the lives of 27 children, US regulators approved appeals that led to many Camp Mystic buildings being excluded from official flood risk maps

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NEW - Shooting at Richmond Road Baptist church in Lexington, Kentucky, 2 people dead, 3 injured including a State Trooper.

Suspect has been shot dead.

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Tbh a man purely focusing on his family and nothing else — is pretty womanly

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Big tech riches have been pillaged for decades

And not by those who actually built it

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Flash flood arriving in #China a couple of days ago. The muddy flood carrying garbage and debris into the courtyard and homes

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NOW - Netanyahu says Israel's 8th front is "disinformation," adding we should "shame those that spread the lies, I don't see any other solution."

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Bob and Agnes are gonna be in for a wild time!

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Where is the majority of the money printing in the world?

Your own home

Vast majority of bad money printing goes into propping up the value of the country’s homes, which in turn inflates the currency

Not mostly going to the government, though it is way too big

Not mostly to some shady corporations

Mostly to the people’s own homes, real estate

Pumping up the prices of homes to millions of dollars each, and beyond

Every homeowner is made complicit, made to be at huge financial risk, should the money printing ever stop

Never seen anyone mention this, but this is the horrifying reality

Deal with the devil

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Police in Ohio use facial recognition technology to identify women twerking on patrol car

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Ghislaine Maxwell once gave a Ted Talk

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