#silentdepression #housingmarketupdate #californiarealestate

M3 Market Update is a review of the current state of housing (including long and shortterm rental), commercial real estate and mortgage finance with relevant data and drivers. Not investment advice.

This update is a deep dive to uncover what is driving those MOM price declines in California including employment and credit quality metrics inclusive of auto and bankruptcy filings. Unemployment is high, but mortgage delinquency not yet concerning. However, rent delinquency is very stressed meaning less buyers.

Link to Substack deep dive into refinance potential:
https://open.substack.com/pub/m3melod...

Census Pulse Survey:

https://www.census.gov/programssurve...

Deep Dive into Hidden Delinquency:    • Hidden Mortgage Delinquency SURGING  

Link to Show on Appraisal Fraud in Texas:    • Whistleblower: Economic HELL Breaking...  

Link to DNN: https://www.youtube.com/live/MkrtF23M...


General Reference & Recommendations:

1) #silentdepression For a review of what's really been going on in the economy since 2007 to understand the path of housing:    • We Are Living In A Silent Depression ...  . Follow @emilkalinowski on Twitter or YouTube.
2) Eurodollar University YouTube Daily Briefing:    / @eurodollaruniversity  
3) The term Eurodollar sounds kinda weird and the concepts are complicated, so I recommend going back to the very beginning where they lay it out very simply. This is a MASTER CLASS in monetary policy and the plumbing of the financial system:    • Video  
4) And for an episode on some of the myths surrounding the Fed:    • Market Rates Refusing to Follow Fed's...  
5) The Fourth Turning: https://www.amazon.com/TheFourthTur...
6) A Brief History of Doom: https://www.audible.com/pd/ABriefHi...
7) Swamp Peddlers https://www.amazon.com/SwampPeddlers...



Please reach out to me with questions or comments:
Twitter: @m3_melody
LinkedIn:   / melodywright44204a4  
Substack: https://m3melody.substack.com
DNN:    / @doomersnewsnetwork