Dave Neal

Former Terrapin Basketball player, now all things PEOPLE for @parcl and @parcllabs @parcldevco #DEFI #REALESTATE

[Parcl Labs @ParclLabs]

6.9% of US rental listings now come from "accidental landlords" - owners who tried to sell, couldn't, and listed for rent instead

In four metros it's closer to 1 in 5

[Jason Lewris @jasonlewris]

JUST IN: 1 IN 10 HOMES FOR SALE IN FLORIDA ARE UNDERWATER

These are homes that have a current asking price BELOW what they were originally purchased for, and STILL can't find a buyer.

27% of homes listed for sale bought 2022 or after are underwater vs just 3% of units purchased prior to 2022.

These units are clustering between Tampa and Fort Myers, between Tampa and Orlando, and in Jacksonville.

[Dave Neal @DaveNeal35]

@Terrapins247 @NdotSmitty Appreciate the love!

[Inside Maryland Sports @Terrapins247]

In honor of the birthday boy, enjoy @DaveNeal35 leveling @NdotSmitty with a screen and then drilling a three on the other end 🐢

[Parcl @Parcl]

Housing has always moved like a market.

People were just expected to live through it, not trade it.

[Jason Lewris @jasonlewris]

🚨 JUST IN: 6.3% OF US HOUSING LISTINGS ARE UNDERWATER

These are units where the current asking price is BELOW the original purchase price and the seller still can't find a buyer

Washington, DC leads the country with 20% of active listings underwater

Colorado is second with 10.2% of active listings underwater

Florida is third at 9.6%

[Parcl @Parcl]

These are homes where the seller already cut the price and still can’t find a buyer.

Price cuts are supposed to unlock demand. In these metros, they clearly aren't.

Source: @ParclLabs

[Jon Brooks @jonbrooks]

The red will... spread.

[Parcl Labs @ParclLabs]

Berkshire just agreed to buy $TMHC. We mapped exactly what they got.

Every home in Taylor Morrison's inventory the day the deal broke - ~3.8k homes across 356 communities.

Footprint, pricing, market exposure, what comes next ⬇️

[Parcl @Parcl]

A realtor’s entire income is a leveraged bet on their local housing market.

The problem is not just the slowdown. It is having no hedge.

Your income, your pipeline, your net worth all tied to the same market at once.

That is exactly the gap Parcl is built around.

[Parcl Labs @ParclLabs]

👀

[Inside Maryland Sports @Terrapins247]

Former Terp Fatts Russell was named Finals MVP after leading U-Bt Cluj-Napoca to their sixth consecutive Romanian National Championship. Russell led all scorers with 23 points 🐢

[Inside Maryland Sports @Terrapins247]

Happy birthday to Maryland wrestling coach Alex Clemsen 🐢

[Jon Brooks @jonbrooks]

There are now NINE states where more than 1 in 10 homes listed for sale have entered fire-sale territory.

Arizona.
Florida.
Louisiana.

These states lead the nation.

This is what happens when inventory rises faster than buyers can absorb it.

The housing market isn't crashing everywhere.

But the cracks are getting harder to ignore.

[Inside Maryland Sports @Terrapins247]

Highlights of @TrimbleMelo’s MVP campaign, where he led CSKA Moscow to a 37-3 record:

🐢 18.3 points
🐢 2.9 rebounds
🐢 4.1 assists
🐢 1.8 steals
🐢 48.4% FG
🐢 38.6% 3PT

[Trevor Bacon @trevorjbacon]

Excellent analysis from the @Parcl / @ParclLabs team on Berkshire’s acquisition of Taylor Morrison.

Parcl’s data platform is expanding across residential real estate: homebuilders, multifamily, ownership, pricing, supply, and portfolios.

More soon.

https://t.co/wIu1PZ61v4

[Jason Lewris @jasonlewris]

BREAKING: AS OF THIS MORNING, 14 MAJOR HOUSING MARKETS IN BEARISH TERRITORY

These markets have negative year over year home prices with for sale inventory that is aggressively cutting prices and still can't find a buyer.

This is important as sellers are actively trying to find buyers, they cannot, and are continuing to cut prices. These markets are likely to go lower.

[Parcl @Parcl]

Your rent might be set by an algorithm.

In Dallas, roughly 1 in 12 rental listings shows signs of software-driven pricing, the highest share in the country. Phoenix, Atlanta, and Charlotte are close behind.

The metros where corporate landlords run deepest tend to be the same ones where pricing starts to look less human.

[Trevor Bacon @trevorjbacon]

@RobertJShiller saw it in ‘92. Crypto proved market structure and now the U.S. Reg path is opening thanks to @MichaelSelig & team

We’ve been building towards this for years: real time data, indices and an exchange

@parcl is the infrastructure for real estate financial products