Thehousingbubbleblog

In the latest Fannie Mae National Housing Survey, 65% of respondents said this was a bad time to buy a house. A recent report by Goldman Sachs acknowledges the potential demand problems. Still ....

Ah, yes. What you observed was "the angel." The angel visits and ALL the HBs rise for 30 minutes or so. It is quite magical. Look at daily trading charts for each of the HBs and you will see that they all started rising at exactly the same minute and rose until the angel left when at exactly the same minute they dropped back slightly.The growing underclass of the Orange County Bubble:Â You need to earn an hourly wage of $28 to afford a basic one-bedroom apartment but 68 percent of OC jobs pay less than that amount.The case against seeing today's market as a housing bubble. The case against calling this a bubble is pretty straightforward. Prices are rising primarily due to low supply. That's paired with ...

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The Oregonian. “Sales in the Portland metro area were sluggish for the first quarter of 2023, down by a third from a year ago. Even a drop in home prices hasn’t proved enough to lure buyers. The median sale price in March 2023 was $525,000, down more than 4% from $550,000 last year.About Me. Name:Ben Jones Location:Northern Arizona, United States To donate by mail, or to otherwise contact this blogger, please send emails to: [email protected] Housing Bubble. Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.

'Wood-products giant Weyerhaeuser Co. said its second-quarter earnings fell 25 percent from year-ago results that were boosted by one-time gains, as performance was hampered in part by the slowing U.S. housing market.' 'Cemex SA, the worlds third-largest cement producer, said second-quarter net income fell 17 percent as U.S. cement sales declined for the first time in three years 'Full description and comments at: https://www.peakprosperity.com/podcast/114566/ben-jones-housing-bubble-popping-right-nowAs we've been tracking here at Pea...Marketwatch dot com Market Pulse U.S. stock futures show large losses as Greek crisis intensifies By Michael Kitchen Published: June 28, 2015 9:28 p.m. ETFrom the first 5:13 video: February 2023 Austin Texas Real Estate Market Update Mason Bleasdell - Austin, Texas Area Realtor Premiered Mar 18, 2023

As of February, the monthly payment for the median-price single-family home sold in King County at current mortgage rates was $3,945. The good news: This is down from an eye-watering $4,758 in October. The bad news: This is up dramatically from just a year prior, and 59% higher than what we saw at the peak of the previous housing bubble. …by Calculated Risk on 4/09/2021 11:36:00 AM. There is discussion of another housing bubble. I wouldn't call the current situation a "bubble". Way back in early 2005, I wrote: Housing: Speculation is the Key. A bubble requires both overvaluation based on fundamentals and speculation. It is natural to focus on an asset's fundamental value, but ... ….

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Now there are many of the same flashing signs of a housing bubble—and again, no one is paying attention. A well-respected housing affordability index fell last month to near the lowest level ever as home prices surged. Mortgage interest rates now exceed 5.2%—up from 3.6% just two years ago. In some markets, rates are nearing 6%.A Chinese stock market crash is inevitable Matein Khalid / 1 June 2015. The danger is that China's meltdown is happening at a time when Europe/US are overvalued and liquidity shocks could well follow as Greek exit or the Fed rate hike.First, there is this odd narrative that housing continues to excel and thrive in the current market. “Inventory is low therefore the market is hot” or “7% interest rates can’t stop the equity train baby!”. This seems to be the mentality at this point. But the reality is, $2.3 trillion in housing wealth was wiped out in 2022, the most ...

Ben Jones. April 27, 2023 at 2:03 am. Millennials are fueling a generational housing bubble that’s set to burst over the next decade as demand for homes falls off, according to researchers. In a recent report from the Indiana University Center for Real Estate Studies and the Indiana Business Research Center, researchers said Millennials ...The Housing Bubble Blog Search Submit Blog Home Uncategorized Most Buyers Are Still Trying To Bargain Prices Down While Some Owners Have Realised They Were Over-Optimistic And Are Willing To Cut PricesA housing bubble is characterized by a period of rapidly rising demand for housing and an increase in home prices. When a housing bubble bursts, home values can drop, homeowners can lose equity, and, in a worst-case scenario, a recession can occur. The housing bubble of 2006-07 was prompted largely by subprime mortgage lending tactics and ...

lincoln tunnel closed maybe in the US - but not in Europe. In Netherlands the guarantee is 20K while the average citizen has 50K in savings accounts (and because many have no savings at all the average saver problably has more than 100K in the bank - part of that is probably collateral for mortgages because of our stupid 50% HMD). malloy's bar and grille photosdsmy marlins A report from the Boston Globe. “The short-term rental platform Airbnb has come a long way from its 2007 roots. A glut of listings — and a range of hosting types to match — has driven some communities to institute new policies governing the practice. pug mix puppies for sale near me August 17, 2023, 12:10 AM PDT. China's real estate crash is threatening to drag down the economy. Bloomberg. Judging by China’s official statistics, the nation’s housing market has been ... terrifier pumpkin stencildfw boxer rescuemcdonald funeral home rock falls The Wall Street Journal reports, "Affordable housing is the latest victim of the credit crunch that is reverberating through financial markets." "Projects are being canceled because some of the nation's largest financial companies, including Fannie Mae, Freddie Mac and Bank of America, have scaled back their participation in the federal government's largest and … dana perino husband how old ... thehousingbubbleblog.com/?m=20170707. 7.6.17. Manhattan Home Sales Surge as Cuts Bring Prices to Buyers' Level. NewsMax Finance. Fred is quoted discussing the ...Very good post Aladinsane!!! No one seems to look at the price of a house relative to gold….In 2000 a house might have cost $270,000 and gone up in dollars to $500,000 today.But look at it in gold, and what would have cost you 1000 ounces of gold in 2000 will now only cost you about 500 ounces. coco dispensary chillicothe mo menuadare go cartshow much money does the rockettes make The accommodations-rental platform founded by Chesky, Joe Gebbia and Nate Blecharczyk has raised almost $4.5 billion from investors, according to Crunchbase, and is valued north of $30 billion. There are currently 4 million Airbnb rentals across the world in 65,000 cities and 191 countries.'. 'VCs throw money at Airbnb'.