by Martin Armstrong Housing prices have surged at rates not seen since the lead-up to the 2008 financial crisis, according to global data. This has led to questions of whether the housing market is in a bubble that could burst. …
Financial Survival Network, Released on 7/26/21 New home sales and lumber prices both down, is housing cooling off? Home price were rising at the fastest rate ever. Housing is beyond the means of most Americans. New home sales down 6%. …
👀 credit impulse + supply chain disaster The yields are pricing every single proof of the economic slowdown.. i was talking with several friends the yesterday they all told me the industries will start the layoffs due to the high …
https://www.youtube.com/watch?v=5T_93KOD6-U The housing crash already took place, you just were not told about it by the banks that bought your future and are willing to sell it back to you at a 200% increase. Rent prices are soaring – we …
According to the White House, this incredibly minor decrease in the average price of a summer cookout proves “the Biden economic plan is working.” There’s a glaring problem with this happy-go-lucky announcement filled with picnic puns: Prices on most common …
This is an interesting take I hadn’t thought of on why the housing market is in trouble. Synopsis below but the video is really good with supporting data included… 1.7 million homeowners are currently 90+ days past due. Foreclosure moratorium …
by confoundedinterest17 The US housing bubble (again) keeps growing! According to the S&P Corelogic Case-Shiller national home price index for April, house prices grew at a rate of 14.59% year-over-year. And keeps on growing with M2 Money growth. The Month-over-month numbers are even scarier. …
Boston Fed President Eric Rosengren is sending a warning on the U.S. housing market. Yahoo Finance’s Brian Cheung shares the details.
https://mishtalk.com/economics/real-interest-rates-are-more-negative-now-than-in-the-2004-2007-housing-boom Meaning of Real Real means inflation adjusted. But what is the best measure of inflation? Home Price Not in the CPI Home prices are not in the CPI. They should be. Economists generally disagree with me, but what good …
Via Gen Z Conservative A very dangerous trend has been discovered as of late: hedge funds are buying up American housing. The Wall Street Journal, Federalist, and ZeroHedge have all reported on the problem, but the most succinct and useful depiction of what’s happening …
https://www.youtube.com/watch?v=pBAzfqT3CyE 8 million Americans are due to be homeless as evictions and foreclosures start to roll in. The Federal Reserve warns that they were wrong and inflation will increase into 2024. Stock up on rice, canned food, and grow a …
A Toronto condo developer is buying hundreds of detached houses in Ontario, with the plan of renting them and profiting on the housing crisis ripping across the country. Core Development Group Ltd. is building a large-scale single-family home rental operation, …
(Bloomberg) — Real estate prices around the world are flashing the kind of bubble warnings that haven’t been seen since the run up to the 2008 financial crisis, according to Bloomberg Economics. New Zealand, Canada and Sweden rank as the …
“You’ll own nothing” — And “you’ll be happy about it.” CD
by confoundedinterest17 The University of Michigan consumer survey revealed today the Buying Conditions For Housing (Good) plunged to the lowest level since 1982. Here is a longer view of the data. Overheated home price growth is finally spooking consumers. “I will …
by John Mauldin There is an inflationary connection among energy, housing, and wages. Louis Gave, co-founder and CEO of Gavekal Research, recently said that most economic activity is simply transformed energy of one sort or another. Modern economies developed as we …
from Kerry Lutz’s Financial Survival Network A housing bust is on the way. John Rubino’s builder had an amazing story to tell. 6-12 months ago he was doing record business. Half of his customers have put their project on hold. He’s working just …
There’s a telltale-sign that the hot housing market may be headed for a cool down. Learn why – plus find out why studying the stock market’s trend will help you gauge the housing market as well.
by C Hamilton As the old adage goes, real estate is all about location, location, location. Given this, I wanted to offer a regional and state by state view of the situation, where declining total populations, large declines among those …
Housing boom may be cooling as weekly mortgage demand drops again The average interest rate for 30-year fixed-rate mortgages decreased to 3.17% from 3.18% last week, but the Mortgage Bankers Association said applications for a mortgage to purchase a home …
With even Bank Of America predicting the US economy will face a period of hyperinflation due to a major spike in commodity prices, the prospect of a stagflationary blow up just as seen in the 70s is worrying economists that …
Home prices have risen and continue to rise at twice the rate of wage growth. As wage growth stagnates and housing costs continue to climb, most Americans are stuck with an inability to comfortably pay for housing. With supply shortages …
. @RobertJShiller: ‘Wild West’ mentality is gripping housing… “In real terms, the home prices have never been so high. My data goes back over 100 years, so this is something,”https://t.co/OF20ev5rsc #home #RealEstate #condo #AML #housing #mortgage #loans #credit #RMBs #SALT …
by confoundedinterest17 Robert Shiller had an interesting interview with CNBC entitled ‘Wild west’ mentality is gripping housing, stocks and crypto” Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market’s hottest trades. He’s notably concerned about …
by confoundedinterest17 The US housing market is hot, hot, hot! (Bloomberg – Prashant Gopal) Across the U.S., house prices are skyrocketing, bidding wars are the norm and supply is scarcer than ever. Now the market is too hot even for homebuilders. …
https://twitter.com/NorthmanTrader/status/1392442289499291648 https://twitter.com/NorthmanTrader/status/1392202889414782980 #Inflation fears rise on both sides of the Atlantic: US inflation expectations – measured by 5y5yswap – jumps to highest level since 2017 while Eurozone inflation expectations rose to highest since 2018. pic.twitter.com/uzSc48TLSj — Holger Zschaepitz (@Schuldensuehner) May …
by confoundedinterest17 The Land of Lincoln (Illinois) is seeing epic flight from high taxes and a broken state pension system. We are seeing a tremendous migration shift to Texas and Florida. This migration is leading to a swelling of single-family housing permits …
Check out this property I found using Trulia’s real estate app: https://www.trulia.com/p/mi/keego-harbor/3133-pridham-st-keego-harbor-mi-48320–1018260469 800 square feet 2 bedroom one bath 135,000 dollars This will go on until September and then lights out If you want to cash in Do it now …
https://www.youtube.com/watch?v=BLKFWOr3nws The US housing market bubble is running out of control. A growing number of experts have been warning the Federal Reserve has been blowing the current price bubble by keeping mortgage rates at historically low levels, enabling prices to …
