AKM @akm515 Twitter profile

Last Seen Profiles

@Hozonkai1

@TheCrazySaguaro

@06opa

@iam_ayhole

@ryo_ory1

@comin_home

@GfWM

@nas4sh

@gerrintee

@xcZxreZ3e6qATLn

@konselo

@Valyssa0

@lil_purple_girl

@hugo_garnier

@lil_purple_girl

@SineMaddy

@stwmaniax

@hobbyroad1

@_swifholic

@hmo10_10

@aseeralsamt305

@Oven2405

@BinorRaja

@imd_inga

@SorisatoKaito

@alexxvbooks

@bokeplokalmalam

@RFetsick

@mukurudotcom

@AmcerberusI

@Mila_Carelli

@FATPHOBIC101

@Ufficiale1st

@MatmasPL

@sekrle

@MisandryE

AKM

@akm515

3 years

Dear Michigan Athletics, 1. Launch a legit NIL program 2. Normalize admission standards for athletes. 3. Give Jim Harbaugh what he wants. Get with the program or get out of the way. Warm regards, Michigan Alum Base

54

185

2K

AKM

@akm515

6 years

Wow Ted Cruz is such a dishonest and slimy guy. I was neutral until I watched this debate. I do not trust Ted Cruz. Beto O'Rourke for the win. #TXSenateDebate #TrueToForm

36

218

1K

AKM

@akm515

1 year

Banker in Dallas: We approved loans for $200k to $300k higher than we should have during the pandemic. "So that folks could bid on houses up to $800k to $1M". "Stretched the DTI limits all the time to 50%." "It's a house of cards that'll fall when the economy shakes." Yikes

80

199

1K

AKM

@akm515

3 months

Austin, TX is in more trouble than I thought. A close family friend moved to Austin, TX in 2022 from Bloomfield, MI. Bought a small home for around $650k (all inclusive, with updates). Daughter relocated to Dallas, TX and as luck would have, their son got a really good job in

440

91

1K

AKM

@akm515

4 months

Dallas housing market. Zestimate: $933,300 List Price: $789,000 Price cut & new List price: $735,000 STILL UNSOLD. Key takeaways: - Zestimates are rubbish. - Sellers are going through price discovery - The $700k+ marker is very very slow.

30

58

359

AKM

@akm515

2 months

Dallas - Fort Worth housing market update. Home sales: -11.6% Home prices: -1.2% Housing inventory grew by 45% Continued growth in inventory will likely put significant pressure on home prices this Fall.

32

62

348

AKM

@akm515

3 months

@MrJonesSTRs Not true at all. From a pure supply & demand perspective, banning Airbnb's in designated residential areas increases the available supply of housing for rent or sale while curbing investor demand. Housing and hotels are not the same thing. I know that can be challenging for STR

9

3

348

AKM

@akm515

1 year

Just met with a landlord in Frisco, TX. Built a new home in 2021. Found a tenenant after 3 months and rented it, running a loss of around -$300/month. It's renewal time and the tenant demands a cut in the rent as the market shifts. Landlord's cash burn is accelerating.

54

14

279

AKM

@akm515

2 years

@unusual_whales Make everyone at their agency and all stakeholders responsible drink and swim in the water in East Palestine, Ohio before you believe a word they say regarding the water being safe to drink.

1

7

209

AKM

@akm515

2 years

@DiMartinoBooth Correct me if I'm wrong, but the injection of liquidity is for bank to bank lending to cover existing deposits. This isn't necessarily inflationary, rather, allows the Fed to pursue elevated interest rates for longer without breaking the banking system and forcing a pivot.

18

27

157

AKM

@akm515

5 years

@Serendippo @ozm This is one of the most satisfying videos I have seen on Twitter. Definitely going to try it. Probably going to fail.

2

1

146

AKM

@akm515

8 days

Fed cuts interest rates 50bps. 30 yr mortgage rates increase. The flash in a pan realtors are so confused right now.

23

14

367

AKM

@akm515

1 year

Colleague of mine moving out of Dallas because they can't afford their 3400 sq ft house anymore. Listed it for RENT for $6500/month 3 months ago. Zero interest. Seriously, who is going to pay $6.5k/month when you can buy a new build for $4k/month? 🤡😂🤡😂

16

2

129

AKM

@akm515

1 year

"Rents Fell Across the Sun Belt in April Austin, TX (-14.3%) Phoenix, AZ (-9.6%) Las Vegas, NV (-7.1%) Oklahoma City, OK (-6.4%) Chicago, IL (-6%) Birmingham, AL (-4.5%) Sacramento, CA (-4%) Memphis, TN (-3.6%) Seattle, WA (-3.2%) Dallas, TX (-2.8%)"

Rental Market Tracker: Asking Rents Flattened in April as Landlords Faced Rising Vacancies

A rise in new rentals hitting the market coincided with a slowdown in tenant demand, causing rent growth to cool for the 11th-straight month.

www.redfin.com

13

28

120

AKM

@akm515

1 year

Folks are seriously still leaving the West Coast to live in 100 degrees in Texas & Arizona? Seriously?

32

3

111

AKM

@akm515

6 years

Breaking from Columbus: Urban Meyer FIRES the Board of Trustees. #UrbanMeyer

2

24

104

AKM

@akm515

7 months

Banking layoffs increasing. A major bank just told multiple employees that they're being terminated. They see troubling signs in the economic data.

7

9

110

AKM

@akm515

11 months

@JoshHenschke I've worked with a lot of attorneys over my career: This statement is basically a declaration of war by Michigan. I'm not exaggerating. The gloves are off now.

12

1

110

AKM

@akm515

1 year

Plano bans new STR (Airbnb's) for 1 year as residents opposition and concerns escalate. STR bans/regulation/restrictions in residential suburbs will likely scale nationally.

Plano approves 1-year ban on new short-term rental properties

Plano will temporarily ban new short-term rentals as it looks for a solution to a growing number of complaints.

www.fox4news.com

14

12

102

AKM

@akm515

1 year

Just got notified of a $100k price cut on new construction in Aubrey, TX. 5 mins from Frisco, TX. Builders are clearly leading this housing correction in Texas with significant price cuts in the periphery of metros. Fort Worth & Austin with significant price cuts as well.

18

9

101

AKM

@akm515

2 months

@NewsLambert Many recent mortgages had a free refinance as part of the deal. 5.5% to 5.75% is likely where a majority will strike.

7

0

100

AKM

@akm515

2 years

Housing price cuts are getting more aggressive in Texas.

13

12

102

AKM

@akm515

1 year

The Stop Predatory Investing Act, would restrict investors who purchase 50 or more single-family rentals from deducting interest or depreciation on those properties from their taxes.

'Stop Predatory Investing Act' introduced by Senate Democrats

Democrats in the U.S. Senate introduced a bill to restrict tax breaks for corporations buying homes, which would affect big investors.

www.housingwire.com

17

13

90

AKM

@akm515

2 months

@texasrunnerDFW Yup. I'm absolutely seeing this play out in over priced suburbs like Frisco and Prosper for those who bought investment properties in 2022 to Present. Those who can sell sub $700k and turn a profit are still doing alright. The $800k to $1M segment is brutal. $1M+ isn't even a

8

4

91

AKM

@akm515

7 months

Listed for $520k in November. Price cut to $485k. The Zestimate for this 2019 build has fallen from $589k in June 2022 to $468k today. There's just loads of new construction in North Dallas. Dallas exurbs 🤝 Price Discovery

28

9

88

AKM

@akm515

1 year

Visited an open house in McKinney, TX. It was empty. Listed for $650k in 2018. Listed for $1.2M now. Nobody showed up. You can buy a similar sized new build 10 mins away in the same school district for $700k & interest rate buy downs. Builders > mom & pop investors

3

6

83

AKM

@akm515

2 years

@GordonJohnson19 Unused office space should be converted to multi-family housing. This will help ease rental pressure which is crushing the economy and revitalize downtowns in a lot of metro markets.

7

0

79

AKM

@akm515

5 months

@KobeissiLetter Starbucks became too expensive for their core target market of young college going and working adults. Further, the growth of local independent coffee shops makes the market increasingly competitive.

2

3

76

AKM

@akm515

1 year

"It really is a tale of two halves. Pre-pandemic buyers are sitting pretty. 2021 to Present represents a lot of risk that isn't getting enough attention right now".

5

3

72

AKM

@akm515

4 months

Oh, the delusion of it all. A $501k price cut on a house in Prosper, TX. Yup you read that right. A $501,000 price cut. In a suburb of Dallas, TX. If I wasn't doing Hard 75 I'd love to drink what these sellers are drinking.

15

12

74

AKM

@akm515

1 year

The market has definitely shifted in Dallas "For Sale / For Lease" signs popping up. For example, multiple houses in a row in this neighborhood are listed both for sale or for lease - whatever sticks. Excellent school district. Walking distance to a park. Still struggling.

21

4

60

AKM

@akm515

1 year

Housing prices dropping in Dallas. The market is shifting again.

9

4

60

AKM

@akm515

3 years

This is hilarious. Ukrainian's - take a bow. Y'all have earned my respect forever and it's not just because your flag is maize & blue. 🇺🇦

Brookelyn

@BrookelynBluee

3 years

“F*** off” “Again, F*** off” “F**** to Russia” Ukrainians confusing Putin’s Troops by changing road signs. #Ukraine #UkraineUnderAttack

78

694

6K

1

10

59

AKM

@akm515

1 year

Met a doctor last night in Dallas. He was laughing about how ridiculous PPP was. In his words, "We received so much money from the government, when we did'nt really need a dime. Our business was booming and I was personally taking home around $450k in pay from my practice."

6

10

61

AKM

@akm515

2 years

@ERCOT_ISO @PUCTX Texas needs to join the national Federal grid. Clearly, our power grid is not up to par. With a growing population and more extreme weather patterns, power grid reliability and stability are going to be a recurring probldm

9

5

58

AKM

@akm515

2 years

A builder just cut prices by another $60k for new construction in Celina, TX. The Dallas housing price correction continues at a significant pace.

7

10

59

AKM

@akm515

4 months

Landlords in the suburbs of Dallas, TX are going through price discovery as well. Listed for $2750. I know the owners. They're not receiving interest. It's been nearly two weeks now which is unusual for the summer. They're just asking for too much rent. Supply & demand and

20

6

59

AKM

@akm515

2 months

House in Plano, TX. (Dallas metroplex) Sitting vacant since March, 2024. Beautiful. Walking distance to trails and highly rated schools with wonderful neighbors. I know the seller very well. Seller has invested significant money in cosmetic updates and a new roof. Still no

24

6

57

AKM

@akm515

3 years

@Johnubacon NIL should have been our opportunity to leverage our wealthy booster/Alum base to dominate recruiting. What in the world is going on?

2

4

57

AKM

@akm515

2 years

Austin, TX has a whole load of new construction available in the $500k's within a 20 minute drive from downtown/UT Austin campus. Austin's housing market is going to correct hard. There's just way too much supply within reasonable driving distance.

5

1

56

AKM

@akm515

2 months

@DanMurphyESPN @PeteThamel Michigan's lawyers going to scorched Earth in court. Expose the dirty underbelly of college football. Should be pretty interesting to put the NCAA, Catapult, Ohio State, recruits, and the whole ecosystem under oath and on public record.

86

7

55

AKM

@akm515

7 years

@ClayWendler Lmao try the Russian anthem next time.

1

6

41

AKM

@akm515

5 years

@Alyssa_Milano Agree with everything except love over borders. We can have secure borders AND love our neighbors and immigrants just like every other developed country on Earth.

0

3

34

AKM

@akm515

3 months

@NewsLambert Dallas suburbs are going through price discovery. Exurbs are going through a price correction. New construction in particular are open to negotiations and offering additional incentives to get the sale done. Downtown Dallas is more resilient due to limited new construction and

1

4

51

AKM

@akm515

1 year

Ben is onto something here. Resuming student loan payments will do more for correcting the housing market and combating inflation than is being talked about in the mainstream media at the moment.

Ben Hunt

@EpsilonTheory

1 year

The biggest economic impact of the debt deal IMO is an acceleration and certainty to resuming student loan payments (60 days post signing). At $100b+ pa after 3 years of cessation this is the largest peacetime gov’t revenue increase in 40 years and is functionally a massive tax.

73

102

762

7

4

49

AKM

@akm515

2 years

Austin, TX - oh my goodness. According to this chart housing inventory is way beyond pre-pandemic levels. With soaring inventory, massive new construction underway, tech job losses, & house prices disconnected from local incomes, Austin is in trouble.

These four cities could see double-digit home price drops: Goldman Sachs

Data from the investment bank shows that out of the 25 largest metropolitan areas in the U.S., four cities are grappling with an oversupply, signaling a bumpy forecast ahead. While overall housing...

finance.yahoo.com

4

8

50

AKM

@akm515

5 years

@womensmarch @ewarren Ummm.... Hillary Clinton 2016?

2

45

AKM

@akm515

5 months

The jobs data is misleading. I know multiple highly qualified and experienced professionals who been laid off and are struggling to find well paid jobs.

15

5

50

AKM

@akm515

1 year

High income layoffs incrementally continue. The $170k to $400k income band is getting hit this cycle. Many are finding lower paying six figure jobs. There's still a lot of excess money sloshing around but this should impact luxury bags, watches cars, homes etc.

The Spectator Index

@spectatorindex

1 year

BREAKING: Deloitte is set to cut 1,200 jobs in the United States

50

599

2K

6

5

48

AKM

@akm515

8 months

@AndyHVandenBerg Analyzing and executing a deal is the easy part. Actually operating a small business and dealing with blue collar employees & customers are a totally different ball game.

1

49

AKM

@akm515

2 years

The Zestimate for houses in north Dallas continues to decline by 2% to 3% every month. According to Zillow, the local housing price has declined from $245/ sq.ft to $205/ sq. ft.

7

6

46

AKM

@akm515

2 years

@nytimes So we're the wealthiest country in the world and we can't even put together a reliable rail network? Maybe we should have invested $ at home instead of wasting it in Iraq.

10

0

42

AKM

@akm515

3 years

@virgingalactic @richardbranson You guys really dropped the ball with this presentation. It looks like a sales presentation prepared by interns.

2

0

45

AKM

@akm515

3 years

@UMichFootball Give us: 1) A legit NIL program 2) Easy transfer portal admissions 3) Jim Harbaugh extension. Thank you.

1

44

AKM

@akm515

2 years

@TheDemocrats Hint: Fix the housing market inflation. Nobody cares about covid anymore.

4

0

39

AKM

@akm515

2 years

Dallas's housing market is bifurcated. Inventory as a whole has dramatically increased, however, most of it is still over priced. 15 year old houses are listed in the $800's with zero interest. 20 minutes away, new construction in the $500's/$600's are selling.

7

3

42

AKM

@akm515

26 days

@texasrunnerDFW Austin, TX locals smile. The city neither has the water resources, school capacity, nor highway infrastructure to support the pandemic boom population growth. There are lots of locals who are pretty happy about the reversal of net migration from inbound to outbound. #IYKYK

3

1

41

AKM

@akm515

7 years

@BarackObama One of the key reasons why young people lead our movements is because they are too young to have been brainwashed by all the nonsense in the media. They just do what is right and don't care about politics. March on young ones. #MarchForOurLives #GunReformNow #EnoughIsEnough

5

9

37

AKM

@akm515

3 years

@PoliticsInsider This is clearly a case of some very smart folks raising massive amounts of money from less informed folks to chase a pie in the sky and earn some serious $ along the way.

0

36

AKM

@akm515

3 years

@BSB_Wolverine Spartans need to realize that nobody at Michigan cares. We're all in as a single unit. Titles are irrelevant. All that matters is the W 👊🏻〽️

2

1

37

AKM

@akm515

1 year

Uber struggling to sublease 350,000 Square Feet of office space in Dallas, TX.

Uber Continues Years-Long Journey in Shopping Its Dallas Office Space

Tech Company Offers More Than 350,000 Square Feet of Office Space in Dallas' Deep Ellum Neighborhood

www.costar.com

3

6

35

AKM

@akm515

17 days

When did the Fed start cutting interest rates in 2007? September 18th. When will the Fed start cutting rates in 2024? September 18th. “History Doesn't Repeat Itself, but It Often Rhymes” – Mark Twain.

1

5

38

AKM

@akm515

1 month

@sggresearch @unusual_whales Tech jobs. Gen Z is the most technologically gifted generation at a time when tech is surging in its value.

4

1

37

AKM

@akm515

2 years

Powell finally said "housing bubble". He basically said they're popping the pandemic bubble but the long-term shortage in housing construction is a zoning issue.

2

6

33

AKM

@akm515

4 years

@SJosephBurns Amazon

0

30

AKM

@akm515

1 month

A family of four needs an annual pre-tax income of around $180,000 to break even in Frisco now. It's absurd.

unusual_whales

@unusual_whales

2 months

20% of US are canceling their summer vacations due to inflation, and nearly 50% are making other budget cuts to make ends meet, per FORTUNE.

553

2K

10K

17

1

36

AKM

@akm515

5 years

@nickbaumgardner I'm happy for Brandon Peter's. Been a tough road for him.

0

33

AKM

@akm515

2 years

27 massage therapists? I've gotta admit, folks who worked at big tech in their beautiful campuses had quite the life for the past decade.

unusual_whales

@unusual_whales

2 years

Google, $GOOGL, has cut 1,800 employees in California, including 27 massage therapists.

291

506

6K

6

4

33

AKM

@akm515

4 years

@Johnson4Dallas We've had 30 mins of power in the past 9 hours. Children are freezing. How come the 'rotation' is so uneven across DFW??

0

33

AKM

@akm515

9 months

@NewsLambert Dallas builders are seeing increased traffic since mortgage rates dipped with lots of incentives. Lenders are still willing to underwrite at 0.42x to 0.45x of gross income to make deals work. Builders, haven't been able to raise prices meaningfully or roll back incentives.

3

32

AKM

@akm515

2 years

Year over year change in rent estimate in a northern suburb of Dallas : Negative $900 Further, we have a massive amount of housing under construction right now that's scheduled for completion soon.

2

7

29

AKM

@akm515

2 years

@POTUS We need deflation. You need to understand that America is already too expensive. You need to restore the price of housing, gas, and food to 2021 levels.

13

2

26

AKM

@akm515

2 years

Dallas ranked as the no.1 city for residents contemplating a move OUT of the city. This would've been unthinkable two years ago, but the sharp increase in the cost of living has changed things. I know people in Dallas who are considering more affordable cities as well.

Jim Russell

@ProducerCities

2 years

More than one in 10 Seattle-area residents contemplating a move: "The data comes from the new 2021 American Housing Survey, or AHS, which is the most comprehensive survey of housing data in the U.S."

9

12

33

6

5

30

AKM

@akm515

2 years

@TheMcKenziest @Channel62News @NeilNasty7 Another toxic trait of some builders are to invite BIDS for new construction houses. Home buyers are taking note and everyone I have talked to have said they won't forget which builders did this BS and conversely those who kept their prices reasonable, fixed, and no escalation

1

2

30

AKM

@akm515

5 years

@Walmart Make yourselves a part of the solution by discontinuing the sale of firearms and ammunition.

0

2

29

AKM

@akm515

4 years

@GregAbbott_TX Vote for decency & democracy. Biden 2020.

2

0

27

AKM

@akm515

1 year

@JeffWeniger House prices need to fall significantly to restore transaction volume. It'll be led by new construction and second homes while owner occupied homes enjoy their golden handcuffs.

3

0

29

AKM

@akm515

3 months

@unusual_whales Housing is increasingly being financed through wealth and assets, not income. Cash out refinances, lines of credit, creative debt vehicles, foreign investors, and more recently PPP money. This has skewed the market away from fundamentals.

4

0

29

AKM

@akm515

5 months

@Nettleshippy Sign me up. I've got big time FOMO from not seeing the Northern Lights last night. 😂

0

28

AKM

@akm515

5 months

@KobeissiLetter The American economy is being artificially propped up by historic levels of fiscal deficit. $1.7T in 2023. Meanwhile, the median American family is cutting back on discretionary expenses such as Netflix, Starbucks, travel to make ends meet. Housing specifically, both the cost

1

5

27

AKM

@akm515

2 years

@JT_theQB4th @Chris_Wormley43 Well the past is the past. What matters now is Michigan 42 - OSwho? 27

14

0

28

AKM

@akm515

2 years

@ImBrentJames @unusual_whales Wow. This is both hilarious and concerning given how much truth there is.

0

26

AKM

@akm515

4 years

@Johnson4Dallas @DtownDallasInc Agreed. This is not a time for vanity. Frankly, this should have been done yesterday.

1

0

28

AKM

@akm515

1 year

@m3_melody @NipseyHoussle Literally everyone in Dallas says they can't afford their own houses at current prices. I'm talking about six-figure dual income, college educated househoulds. Doctors, bankers, consultants, accountants, engineers etc.

2

5

27

AKM

@akm515

2 months

The Sahm Rule's perfect historical record of predicting recessions. It's been triggered and we very well could be in a recession right now. Ask anyone searching for a decent job and they'll agree.

1

7

26

AKM

@akm515

1 year

If you want to know what will happen to housing prices in Dallas-Fort Worth, look at money supply. Strong correlation between the annual change of M2 and the S&P/Case-Schiller Home Price Index. Additional money supply by the Fed disproportionately found its way to housing.

1

5

26

AKM

@akm515

4 years

@RepVanTaylor It's an economic relief bill focused on accelerating job recovery as a result of the COVID crisis. Support the bill or donate your salary to small businesses and the unemployed.

0

2

26

AKM

@akm515

10 months

@SacAppraiser I think hidden behind the extremes are a legitimate housing affordability problem for America's middle class. Creating further distance between Americans and the 'American Dream' will always result in an audience for extreme points of view.

5

0

25

AKM

@akm515

2 years

Delete anyone from your network who pushed the narrative that real estate will never declines in value. They're either incompetent or intentionally misleading. Delete them. Seriously.

6

3

24

AKM

@akm515

1 year

Real estate construction in Texas is at ridiculous levels right now.

Joey Politano 🏳️‍🌈

@JosephPolitano

1 year

It's pretty bonkers that 1 in 8 new housing units in America are being built in Texas

43

62

792

7

5

25

AKM

@akm515

5 years

@TexasFootball Not sure what's more concerning, the fact that a GPA of 2.89 is the highest in team history, or that the folks in Austin think this is worth bragging about.

0

1

27

AKM

@akm515

4 years

@BillyBaldwin Next DNC Chair?

0

23

AKM

@akm515

1 year

"SELLER OFFERING 5K for rate buy down or closing costs." Increasingly, existing home sellers in Dallas are offering incentives to move inventory in a frozen housing market.

5

2

23

AKM

@akm515

1 year

The GFC of 2008 to 2010 screwed Millenials. Ruined the job market and prospects for quick income growth out of college and resulted in under building housing which has screwed the generation a decade later. The Federal Reserve magnified the impact through excess QE.

0

6

23

AKM

@akm515

2 years

@texasrunnerDFW They're really desperate to get sales this Spring. Mortgage rates reversing course immediately and shooting up to 6.5% has crushed their optimism.

2

0

25

AKM

@akm515

2 years

Apartment rental demand turns negative. Great work by Real Page

1

4

25

AKM

@akm515

1 year

Austin, TX is experiencing a GFC level housing correction. They escaped the last time around, but this time, Austin is the epicenter of the housing correction.

Rick Palacios Jr.

@RickPalaciosJr

1 year

Home price pressure continues to the downside in #Austin , with 71% of resale agents reporting mostly decreasing prices in our survey this month.

8

10

75

2

1

24

AKM

@akm515

7 months

Mortgage rates tick up to 7.16%. The market is realizing we're in a higher for longer situation. Boy oh boy how wrong folks were about Q1 24 interest rate declines.

0

4

21

AKM

@akm515

3 years

@TranspoInsider Frontier and Spirit probably charged each other for the ink and paper used to sign agreements for the merger.

0

1

23

AKM

@akm515

1 year

Sellers in Dallas getting a little desperate. Seeing signs marketing "Off Market Open Houses" along roadways. Never seen that before. Not even during GFC '08 - 10'. The housing market is turning again.

3

2

21