Gabrahm Vitek

Dojo Mod ▪️ Compass RE — Pursue Your Place

[Gabrahm Vitek @gabrahmvitek]

First-time home buyers are at a 40 year low…..around a quarter of all buyers. That used to be 35-40%. (NAR)

I’ve been meeting some of you courageous and intentional forst timers making up the 25% ◡̈

[Gabrahm Vitek @gabrahmvitek]

The dollar ends 2025 with its steepest annual drop since 2017, with Wall Street banks predicting further weakness next year as the Federal Reserve presses ahead with interest rate cuts, down 9.5% against several major currencies this year. (FT)

[Gabrahm Vitek @gabrahmvitek]

Jakarta is now estimated to have almost 42 million residents, overtaking greater Tokyo as the world’s biggest city and over 5X the population of New York City (not even in the TOP 15 (FT)

[Gabrahm Vitek @gabrahmvitek]

In 2025 - 41.2% of homes in London were listed as not having a living room. Almost half (49%) of all renters surveyed reported that the living room in their home is now being used as a bedroom. (GUARDIAN)

[Gabrahm Vitek @gabrahmvitek]

A $115mm home sale was recorded in the Hamptons to Ukraine-born Len Blavatnik. Seems like a fortune, right!? It represents .4% of his wealth…

[Gabrahm Vitek @gabrahmvitek]

BITCOIN has dropped in value by over 34% in about 6 weeks (most Wall Streeters would term this a crash), down 16% YOY....but up 370%+ over 5 years….(CNBC)

[Gabrahm Vitek @gabrahmvitek]

Nationally - The median price of a home sold in October was $415,200, an increase of 2.1% from a year earlier. Homes are staying on the market longer, at an average of 34 days. (CNBC)

[Gabrahm Vitek @gabrahmvitek]

The 10-Year Treasury fell below 4% in the past week. (CNBC)

[Gabrahm Vitek @gabrahmvitek]

Gold is up over 50% since the beginning of 2025

[Gabrahm Vitek @gabrahmvitek]

The median cost for assisted living in the US is about $5,900 a month. To fully retrofit a house for aging in place can cost up to $65,000.  (Genworth Financial)

[Gabrahm Vitek @gabrahmvitek]

The White House is considering declaring a National Housing Emergency and is exploring ways to standardize local building and zoning codes and decrease closing costs. (Bloomberg)

[Gabrahm Vitek @gabrahmvitek]

More than 16 million people aged 65 and older in the U.S. live alone, roughly 28% of that age group, almost triple the share in 1950. Among the reasons: increased longevity, higher divorce rates among older adults and children more scattered than previous generations. (WSJ)

[Gabrahm Vitek @gabrahmvitek]

There’s a 98% probability of a quarter-point rate cut this week. (Barrons)

[Gabrahm Vitek @gabrahmvitek]

In 2025, investors who buy homes to flip or rent out have made up 30% of purchases of both existing and newly built single-family homes, the highest share in 14 years. Small investors made up about 25% of these home purchases while large investors accounted for about 5%. (WSJ)

[Gabrahm Vitek @gabrahmvitek]

The IMF projects the U.S.’s overall federal deficit will dip to 6.5% of gross domestic product this year, down from 7.3% in 2024 citing higher tariff revenues for the decline. (CNBC)

[Gabrahm Vitek @gabrahmvitek]

New-home construction surged in the Northeast by 47.4%, followed by the South at 18% and by the West. But starts in the Midwest fell by nearly 25%. (MARKETWATCH)

[Gabrahm Vitek @gabrahmvitek]

Nashville Housing Market Pulse 🩺

[Gabrahm Vitek @gabrahmvitek]

Housing unaffordability has been explained via inflation, zoning laws, under-construction, etc, but one other explanation is mostly omitted: Between 1979 and 2020 the top 1% of earners have received a160% wage increase.....compared to 31% for those in the bottom 90%. (Investoped)

[Gabrahm Vitek @gabrahmvitek]

There are over 250,000 home listings on the market in Florida and Texas.....that is close to 30% of all US home inventory

[Gabrahm Vitek @gabrahmvitek]

Jimmy Buffet’s Margaritaville Hotel has sold for $75mm!! The seller paid $145,000 for the property in 1991👀. Hell of an investment.