Things that make you go hmmm…US crude oil inventory quite bearish, home builders dropping prices, falling demand for residential mortgages … except subprime

US crude #oil inventory report was quite bearish, with biggest weekly stockpile increase since early 2017@EIAgov @Investingcom @SoberLook pic.twitter.com/T8TShDeJSs — Liz Ann Sonders (@LizAnnSonders) November 17, 2018 Home builders dropping prices #JohnBurnsRealEstateConsulting @SoberLook pic.twitter.com/HTxyS1vyHX — Liz Ann Sonders (@LizAnnSonders) November …

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New Home Inventory Forecasts A Recession

via UPFINA It seems like almost every new data point on housing shows weakness. That’s because even though millennials are entering their prime age for home buying, starter homes have become unaffordable. Housing prices for houses less than 75% of …

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The inventory has hit the lowest mark since 1999 while sales touching the highest point since 2006. Is this indicating the same peak for the Housing Market that occurred in the eve of 2008 crisis

by Umar Farooq   Almost a decade after the peak of the American real estate bubble, there’s no shortage of fear that we will repeat the whole nightmare again. Housing market is back in the hands of flipping frenzy investors. …

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