The real estate market, how bad will it get?

william the wie

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If you live in the south you are probably wondering what I am talking about. Here's what I am talking about.

The well heeled are getting out of the Blue Wall as fast as they can.

Foreign investors are getting out of the Blue Wall real estate high end market.

Inventories of unsold property are growing.

This is due mostly to the fact that tax rate uncertainty is sky high. Rising interest rate worries are also a problem.

If the Blue Wave turns red on election day and that could be as little as retaining the senate then there will be a regional meltdown.
 
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