Real Estate is strong nationwide. The buying season has started. Shortage of housing, surplus if buyers
0ne near my apartment building sold in three days multiple offers. 700sf 2/2 over $300k
I know my local market. Only 3 multi family properties for sale. Very low Sfh inventory. Stocks cooling. Investors and vacation buyers looking to buy. No snow at lake level. Buyers come up, skiing is crappy . They are bored and shop for houses. Jackpot.
Could see the craziness of 2004-2005 . Multiple offers and skyrocketing prices… buying season has started 3 months early… asking $1.2m for my apartment building. Was asking $1m last week. Off market
IMO, TWTR exuberance will not long last with current market condition. One time making profit may provide temporary jump, but TWTR is not so strong a company to invest.