for the week of 2/27 to 3/4
Welcome to WeeklyBasis, The Basis Point's roundup of your most read posts from Monday till now. In case you missed these or want a fresh look we're sharing them below. Would love to know your take. Please reply with thoughts.
Silvergate did well banking crypto firms, but is now caught in the fallout. The bank said it earned $77.5m in 2021 but lost $948.7m in 2022.
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Homeowners with 3% mortgages way less likely to sell, unlike those with no mortgage. Can this help supply in 2023? Here’s all the stats.
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Jan pending home sales up 2nd straight month, most since June 2020. Feb likely worse with rate spike.
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Stats on how many billionaires & millionaires in U.S., why a record number want to relocate outside U.S. Plus industries they made their money, fave hotels, top second home cities.
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NYT just picked up on Emily Colucci's post about an Art World Family's delicious/vile job post to pay $65k to do literally everything in the most humiliating way possible. Here's Emily's original blog about it.
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