Dave Neal (@DaveNeal35) header
Dave Neal (@DaveNeal35) profile picture

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

Joined April 2009
Photo by Dave Neal (@DaveNeal35)Photo by Dave Neal (@DaveNeal35)Photo by Dave Neal (@DaveNeal35)Photo by Dave Neal (@DaveNeal35)Photo by Dave Neal (@DaveNeal35)Photo by Dave Neal (@DaveNeal35)Photo by Dave Neal (@DaveNeal35)Photo by Dave Neal (@DaveNeal35)Photo by Dave Neal (@DaveNeal35)
Dave Neal retweeted
Our Motivated Seller Index measures price-cut contagion: how widely sellers are cutting, how fast, and how deep Right now no US metro with 2,000+ homes for sale scores higher than Indianapolis
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Dave Neal retweeted
As of this morning, 6.7% of all listed homes for sale have an asking price below what the owner originally paid for the unit. However, in these major markets that rate can be up to 3x. Colorado Springs: 17.2% Denver: 15.7% Honolulu: 15% San Francisco: 14.6% Lakeland: 13.5% Punta Gorda: 12.9% Panama City: 12.6% Cape Coral: 12.5% Portland: 12.5% Tampa: 11.9% North Port: 11.7% San Jose: 11.6% Crestview: 11.4% Naples: 11.2% This list is dominated by Florida markets...
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Dave Neal retweeted
Let me break down the Flavio Bolsonaro situation and why he is in the United States just hours after the election… First, they imprisoned his father. They sentenced Jair Bolsonaro to 27 years and placed him under house arrest after he challenged the 2022 results and was accused of plotting to overturn the election. In this recent election, Bolsonaro was ahead. Lula and his thugs, including his former corruption lawyer, who now sits on Brazil’s Supreme Court, requested a two-hour extension that miraculously produced enough votes for Lula to win. That extension added only about 35,000 votes, roughly 0.03 percent of the total, which is nowhere near enough to explain Lula’s final margin of roughly 4.4 million votes. Bolsonaro immediately challenged the election because anyone who is not a communist and has a brain could see that the election was stolen from him if they actually paid attention to what was happening. President Trump called the outcome a rigged election and said it looked very bad. Hours later, they accused him of trying to overturn the election, EXACTLY as they did to his father, and accused him of inciting “violence” in the streets. Then they prohibited him from leaving the country, even though he had committed no crime, and canceled his passport to make sure he could not leave. Fortunately, Bolsonaro had been working with the United States. They extracted him in an undisclosed operation before the authorities could throw him in prison just like his father. Meanwhile, while ALL of this is unfolding, Lula’s little tranny lover, Erika Hilton, who is a “Congresswoman,” is publicly calling for the Brazilian government to seize Bolsonaro’s and his wife’s assets and freeze ALL their bank accounts. DOES THAT SOUND NORMAL TO YOU? A man challenges an election, and suddenly the Brazilian government is coming after him for doing exactly that. THIS IS COMMUNISM. So while you see Democrats across our country congratulating Lula on his victory, including Alex Soros, the biggest demon of them all, understand exactly what you are looking at. These are the people cheering on a government that is targeting its political opposition. They are the enemy, and they will attempt the SAME thing against a Republican here in America, just as they did to Trump. This is EXACTLY why it is essential to vote RED and make absolutely sure our country NEVER becomes what Brazil has become. ONCE YOU GO COMMUNIST, YOU CAN NEVER GET OUT OF IT.
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🖤🐢❤️🐢💛🐢‼️
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Dave Neal retweeted
Will Los Angeles home values finish the year below $1.115M? That would take another ~2.2% decline from Parcl’s latest LA metro benchmark of ~$1.14M It’s one of the December 31 outcomes in @Polymarket's quarterly LA housing market, which uses Parcl Labs data for settlement.
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Dave Neal retweeted
1 in 5 homes listed in Washington, DC today have an asking price below what the home owner bought it for. Nationally, this is 6.7%. Why are so many DC residents willing to walk away at a loss?
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JUST IN: Price cuts keep climbing to new highs. Today, nearly 45% of active listings have had a cut, up from ~40% in June. Several states are now above 50%: Oregon: 53.8% Colorado: 52.7% Washington: 51.6% Indiana: 51.1% North Carolina: 50.2% Desperation is setting in.
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Dave Neal retweeted
There is an exodus of vacation homes within the US housing market right now. For the last 5 months, for every vacation home purchased, 2 are being sold. These units are transitioning from vacation assets into primary residence or long term rentals. The bigger question is what is causing Americans to unload vacation properties at such a high rate?
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Dave Neal retweeted
There’s no earnings call for a housing market, but there’s plenty to research. If you already follow US stocks, housing has its own fundamentals to get to know: who’s buying, how much is being built, and how quickly homes are selling. @ParclLabs lets you follow those signals across US housing markets. On Parcl V4, you can take a long or short position on listed US home-price indices, without buying a property.
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Dave Neal retweeted
Oregon, Colorado, and Washington are in a league of their own. Each of these states have more than 50% of homes undergoing price cuts right now. Oregon leads with 53.4%. The US is at 44.2%. It looks like Indiana is about to join this special crew currently sitting at 49.9%.
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Dave Neal retweeted
Oregon leads the country as the state with the highest share of home sellers cutting prices at 52.8%. However, there are many metros within the state well above this. Klamath Falls: 56.9% Prineville: 55.8% Albany: 55.4% Coos Bay: 55.3% Bend: 55.3% Newport: 53.6% Portland (spills into WA): 53% What's happening in Oregon?
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BREAKING: Maryland basketball has released throwback uniforms for this season 🐢
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NEW YORK: Shocking that NYC is the third most stubborn housing market in the country It’s the only major metro in the top 10. Chicago is next at #16, with home prices roughly half NYC’s. Some serious pricing power New York or nowhere?
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Dave Neal retweeted
He steered the program out of the darkness of the Jordan McNair tragedy, made Terps Football respectable for a short time, and was a great ambassador for MD. But it was time. Locksley out at Maryland after 8 years. Now comes the most important decision for UMD in a generation. 🐢
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Dave Neal retweeted
Personal note related to #Terps football news today: When I got laid off from @postsports, Michael Locksley was among the first to reach out offering support. It was so uplifting during a really crappy time for me professionally. I'll always be grateful for that kindness.
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Update - Delray going vertical and at all time highs. +24%. Last week it was +19%
FLORIDA: The state is a mixed bag, but Delray Beach is a clear pocket of strength: +19% Y/Y Palm Beach is taking off as a Miami alternative, but at ultra-high-end prices. Delray is catching the spillover At $225/sq ft, the re-rating likely has room to run
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Dave Neal retweeted
Traders on @Polymarket are betting San Francisco home values will fall further by year-end In Polymarket’s quarterly market for the San Francisco metro, the chance of home values ending the year below $1.062M has jumped from around 25% yesterday to around 60% today @ParclLabs’s latest benchmark is about $1.107M. Getting below $1.062M would mean another drop of just over 4% by December 31.
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Dave Neal retweeted
This Washington, DC property near Rock Creek Park was purchased on June 15 this year for $2,500,000 11 days later it was listed for sale at $2,200,000 Today, the current asking price is $2,100,000 Why would you sell a home at a loss within 11 days of buying it?
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Happy birthday to assistant coach, Seth Allen! 🎉🐢
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Dave Neal retweeted
Texas remains the accidental landlord capital of the US 14.5% of single-family homes for rent in Texas were listed for sale first: the owners tried to sell, then put them up for rent That's the highest share of any state
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