Miami spent the year getting more expensive to buy and cheaper to rent
Widest split in the country
And it wasn’t alone. Four other major metros pulled the same move
The cities everyone rushes to buy in before it’s “too late” are getting harder to own and easier to rent.
The biggest asset most people own is the one they can do the least with
No way to trim it, hedge it, or take a little off the top. You own all of it or none of it
We’re building the version where you can.
Households worth $1M–$2M have nearly 72% of their wealth tied up in housing and retirement accounts, with only 17% in liquid assets.
Liquidity is king.
Vaults are coming to V4 devnet.
Pick a strategy. Follow its results. No need to trade yourself
Paper money for now, so people can see how it works before anything goes live
Details shortly.
The most concentrated institutional housing market in the country is also where this landlord is selling the most
That tells you something about what’s really happening in Atlanta right now.
A major institutional investor has 8% of its portfolio for sale
In its densest zips, it now accounts for ~1 in 4 homes on the market
Distress, or a deliberate pivot?
See who it is:
app.parcllabs.com/research/artic…
Housing has two buttons: buy a house, sell a house.
Right now, for a lot of people neither one makes sense. Buyers can’t afford in, owners won’t trade a cheap mortgage to move
The Opendoor CEO isn’t wrong. There’s still no clean way to act on housing without tying everything to
A new proposal is now live on Discourse covering the final phase of the V3 LP wind-down.
It includes a proposed extension for certain eligible V3 LP accounts, along with clarification on how inactive and small-balance accounts would be handled as V3 operations are closed out.
We pulled every single-family home in Atlanta that resold this year. Nearly 4,000 of them
89% sold for at least what the owner paid
The losses are real and worth watching. They’re just not the whole market.
One of the biggest losses I've found from 2021 pricing.
This house sold for $289k in 2021.
Now it's listed for just $240k.
That's a $59,000 loss in five years.
Many people said homeowners who bought during the pandemic wouldn't lose money.
But now that's changing fast.
1 day left
182 traders have pushed the V4 paper trading competition to ~$130.6M in volume and ~12,690 trades.
Across Parcl V4, total trades are now above 63,000 and total transactions have crossed 770M.
Miami Beach has been the busiest market on the board so far.
Parcl V4 is
"Renters are simply spinning their wheels." - Chief Economist, NAR
They're not sitting out the housing market. They're priced out of it, and still exposed to every move it makes
Owning builds wealth. Renting usually doesn't
But for a lot of people, that gap isn't a choice.
Rent has been quietly falling across the U.S. for two years.
10 of the 12 biggest metros we track are down from a year ago. One is off more than 4%.
Check where your market actually is 👇