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Melody Wright
@m3_melody
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Strategist, Writer, Technologist, GFC 1 Survivor. Tweets about housing, mortgage finance, commercial real estate, macro and technology. Not investment advice.
Joined February 2021
Builders are flipping out and motivation is turning to distress ✅out my deep dive into December results and 2025 forecast...at your own risk @DiMartinoBooth
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@VladTheInflator
@JuliusMiami
@KennyCap_Phd
@MrAwsumb
@RealJohnGaltFla
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@Md_Rzz @jimhricik @aj_audiophile Doesn't say but you could probably find their biggest lenders in their 10Q or 10K
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@junogsp7 😎 And the average since 1971 is 7.72% You may have read it already, but this is one of my all-time favorites
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@junogsp7 @aj_audiophile 🔥 Kick the can, extend and pretend, stay alive til 25...we've been avoiding accountability for some time It's all pretty appalling ⏰ for reality? To solve problems we have to admit we have them... Here's hoping!
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@TimothyImholt @aj_audiophile Funny thing though is everyone thinks San Diego is impervious Not what I'm seeing at all - way too much speculation And now with gov't & gov't adjacent jobs being threatened this market looks a lot more wobbly imo
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@SOBRBC I see it as information that serves as a recent touchstone We know the area was underinsured...if $1M is the price for land, and she paid $1.5M in 2005 - then if she were not insured that would be no bueno If not her, there will be people in that situation Situation unfolding
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@Brenna__Bear Thank you for that local intel. That general area is so overbuilt imo Lived in Denver from 2015-2019 - was there recently and could not believe what I was seeing...while the Tech Center sat empty
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@rhodeislandmike Thank you for that intel. I also believe the % is ultimately going to be very low
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@darren_learning @rccalhoun Do you go to your city council meetings? I would start there Then I would look at your city/state budgets and unfunded liabilities My experience in Helene was obviously unique to that situation - but this is how I would have found it prior
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