A random data point:
This week there are a lot of pieces of land getting listed in sale compared to normal. I wonder what's causing the uptick? Or if it's just a random coincidence...
What do you know? Rates didnt go down. Commercial RE getting rekt as financing rolls over EoY
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This land is all in residential, if that matters.
Regardless, weird things happening. I think I will continue to stay humble and stack sats.