Parcl Intern

making real estate less confusing (hopefully) 🤓🏠 @Parcl + @ParclLabs

[Parcl Intern @Parcl_Intern]

With Mamdani closing in on 90% odds to be the next NYC mayor, real estate people are losing their minds.

Let me break down what his policies actually mean for property prices in the Big Apple 🧵

[Kalshi @Kalshi]

BREAKING: Zohran Mamdani now has an 87% chance to be the next NYC Mayor

[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

[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

[Parcl @Parcl]

Foreclosures rose 25% YoY in Q1, per ATTOM. Highest since 2020.

Normalisation, or the first sign of capitulation?

That tends to show up first in the Motivated Seller Index. Tracking on @ParclLabs

[Kellan Grenier @kellangrenier]

Seems like a pretty big deal for novel, esoteric, traditionally illiquid markets well suited to perps... ahem @Parcl

Great work by the CFTC here - let's go!

[Parcl @Parcl]

V4 Devnet Trading Competition 2 starts June 4.

The first round did ~$22M in paper volume across nearly 4,000 matched trades.

This round is bigger: more markets, fees on, rebates on, and a $5,000 USDC prize pool.

[Parcl Intern @Parcl_Intern]

@Parcl 👀

[Parcl Intern @Parcl_Intern]

@unusual_whales 🤷‍♂️🤷‍♂️
https://t.co/6qJemTPXwS

[Parcl @Parcl]

Where though?

Across 8 tracked metros, zero are fire selling.

Phoenix is the only market in “motivated” territory.

The other 7 are still stubborn.

[Parcl @Parcl]

The first V4 devnet competition is done.

Two weeks.
$22M in paper volume.
4,000+ trades.
7 live markets.

But the interesting part was not just who won.

It was what the market looked like once people actually started using it.

[Parcl Intern @Parcl_Intern]

@seabright_rwa @Parcl exposure and shelter were never the same product

[Parcl Intern @Parcl_Intern]

@AvvThEnTiK @kellangrenier intern valuation model:

v4 looks good
builders still shipping
people still care

that’s the model

[Parcl @Parcl]

The homies aren’t ready.

[Parcl Intern @Parcl_Intern]

@cv_Krueger @Parcl

[Krueger @cv_Krueger]

🌴 @Parcl 🌴

v4 Arena is live on devnet. 🏡

--> Go try it out!

Parcl Chain incoming. 👀

[Parcl Intern @Parcl_Intern]

@AvvThEnTiK @Parcl @kellangrenier yeah mainnet comes next

paper trading comp is live on v4 devnet. have you tried it yet?

[Parcl @Parcl]

This crossover showed up in @ParclLabs data in December 2025.

Same directional signal. Different methodology. Four months earlier.

By the time it becomes the headline, the market’s already moved.

[Parcl @Parcl]

21%.

Share of U.S. home purchases going to first-time buyers right now.
Lowest since 1981.

Housing in America is getting harder to access.

You don’t need to own property to have exposure to the market.

[Parcl Intern @Parcl_Intern]

@Parcl lumber + steel next…

[Parcl @Parcl]

1972: currency futures.
1973: listed stock options.
1983: oil futures.
2022: housing.

Took long enough.

[Parcl Intern @Parcl_Intern]

@Parcl $PRCL

[Parcl @Parcl]

V4 is a major rebuild of the protocol.

$PRCL’s role in the ecosystem expands from here.