Hi @Richard BellWhile this sentiment is common, I’ve seen this cycle repeat throughout my years in real estate.

Goldman Sachs highlighted that investor risk sentiment has reached its highest level since 2021, driven by improving global growth expectations and broad-based equity participation.

Meaningfully different monthly payment.That’s how housing demand actually changes—not through sentiment, but through monthly math.

@Adam Macias would have to agree with this sentiment. 

If he knows the implementation is contrary to voter sentiment, why vote for it?  

And agree with the general sentiment.

I think I would hold it for appreciation and because I'm sentimental of Exeter. 

The University of Michigan’s January sentiment reading inched higher for a second straight month, signaling modest improvement, but confidence remains deeply depressed versus a year ago as consumers continue to cite high prices and a softening labor market.

Risk sentiment remained cautious, and rate volatility stayed contained, reinforcing the sense that markets are trading momentum and credibility rather than reacting to any single data point — a dynamic echoed across global bond markets in recent sessions.

Markets will then turn to Core PCE, the Federal Reserve’s most important inflation gauge, where any upside surprise would reinforce a more cautious policy stance while softer readings could support dovish sentiment.