Housing Bubble Getting Ready to Pop: Pending Sales Plunge in June, Inventory Jumps, Price Reductions Spike amid Holy-Moly Mortgage Rates

by Boo_Randy Anyone stupid enough to have bought into the Fed’s insane Housing Bubble 2.0 over the past two years is going to get their head handed to them when it all comes crashing down. Got popcorn? https://wolfstreet.com/2022/07/01/housing-bubble-getting-ready-to-pop-pending-sales-plunge-in-june-homes-listed-for-sale-jump-price-reductions-spike-amid-holy-moly-mortgage-rates/ Pent-up supply …

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We are to believe that the LARGEST asset bubble in human history will require the LEAST amount of Fed rate buffer and will be a soft landing. You have to be brain dead to believe that, hence it goes largely unquestioned.

by BoatSurfer600 Who’s gonna tell him….LOL pic.twitter.com/p267nFZV3k — PlungeProtectionTeam (@gamesblazer06) July 4, 2022 Commodities continue to show concern about a global slowdown… Chart: ⁦@RealAlpineMacro⁩ pic.twitter.com/n6hbunBwBB — LongConvexity (@LONGCONVEXITY) July 4, 2022 "Iron ore prices have slipped for 3 straight wks, …

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Why the Housing Bubble Bust Is Baked In

by Charles Hugh-Smith Putting this all together, it’s clear that the source of the current housing bubble is the explosion of financial speculation fueled by central bank policies. Those benefiting from speculative bubbles have powerful incentives to deny the bubble …

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This is what a bursting housing bubble looks like

by Boo_Randy https://www.eastbaytimes.com/2022/06/18/when-a-buyer-cancels-the-deal-who-gets-the-deposit/ Q: My husband is a real estate agent. Last week, the realty firm where he works had five sets of homebuyers cancel their home sales. My husband’s homebuyers canceled first. It’s infuriating. He worked on behalf of …

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The Housing Bubble Needs to Be Destroyed

by Chris Black It is magnitudes larger than 2007. Homes that already appreciated $150k in three or four years tacked on another $100k during April and May. Realtors are telling clients that whatever the asking price is, you need to …

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The Housing Bubble Has Popped

by Dave Kranzler of Investment Research Dynamics I’m starting to believe that the housing market may have hit a wall in April. The graphic below is my reconstitution of the two charts sourced from Reventure Consulting (RC). It’s self-explanatory: Amusingly, I’ve noticed articles in the …

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The Tech bubble is DOOMED. It’s collapsing for the same reason it collapsed in Y2K – slowing growth AND a Fed eager to make up for lost time.

by BoatSurfer600 So why does EVERYTHING feel like it's about meltdown? Piper Sandler chart pretty much explains it. Financial conditions were tightened gigantically and quickly by the financial mkts themselves. Liquidity destroyed in unprecedented fashion. Severe economic slowdown coming. pic.twitter.com/MVqhP2Ed3D …

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