wolfstreet.com / by Wolf Richter • March 26, 2015
The US housing market has become a special creature. The government subsidizes it in a myriad ways, and more than ever. The Fed has repressed interest rates to ludicrous levels. This has given Wall Street a great opportunity to borrow hundreds of billions of dollars […]
investmentresearchdynamics.com / By Dave Kranzler / March 25, 2015
Just so you are not hearing the bear side of the housing market story from me, Seeking Alpha published an article today from another analyst who is seeing the same fundamental problems with the housing market as me: The Housing Market Looks Like A Short.
marctomarket.com / by Marc Chandler / March 24, 2015
This Great Graphic was composed on Bloomberg. It is a monthly bar chart of the real and theoretical euro prior to the launch of monetary union. The euro is in its third major bear market since the end of Bretton Woods. The first bear market […]
davidstockmanscontracorner.com / by Jeffrey P. Snider • March 24, 2015
There really isn’t much to say about the housing market in the US right now except that economists clearly don’t know what to do with it. Having signed up wholeheartedly for the “booming” economy, or at least the narrative thereof, flagging sales in both […]
New House Sales
davidstockmanscontracorner.com / by Lee Adler • March 24, 2015
Do you know how cold it was up north this year?
How cold was it?
It was so cold up north this year that old people like me bought houses in Florida.
The headlines said that new home sales boomed.
U.S. New […]
zerohedge.com / by Tyler Durden / 03/20/2015 09:16 -0400
A few weeks back we commented on the rather disturbing news that repeat foreclosures jumped in January:
According to Black Knight Financial, both new and repeat foreclosures hit a 12-month high during the first month of the year with repeats (i.e. the borrower was rescued but […]
doctorhousingbubble.com / March 1st, 2015 / Dr. Housing Bubble
California like the rest of nation has gained a large number of rental households. Many of these households were formed from the ashes of the 1 million completed foreclosures. Over the last ten years the nation has lost 1 million net homeowner households and has gained […]
doctorhousingbubble.com / Dr. Housing Bubble / February 11th, 2015
There was another article showing that the LA/OC metro area is the most unaffordable housing market based on incomes of those living in the area. People point to rising prices or rents as somehow a condition of economic resurgence but all it means is that more […]
mybudget360.com / by mybudget360 / February 10, 2015
The Canadian housing market is deep into bubble territory. We all know that bubbles can go on for longer than most people think. But with the crash in oil prices and people fully believing their own hype, the market is setup for a big fall from grace. […]
wallstreetexaminer.com / by $hane Obata, Sober Look • February 9, 2015
1) Canada’s housing market is 63% overvalued relative to its historical average…
2) Home prices in Vancouver are more expensive than they are in Sydney, London, and New York…
investmentresearchdynamics.com / David Kranzler / February 5, 2015
A couple readers have expressed fear over another round of QE having the affect of juicing the housing market even higher (or at least the homebuilder stocks). The fact is, QE1-3 didn’t directly create the housing bubble 2.0. The massive transfer of foreclosed, defaulted and distressed inventory […]
doctorhousingbubble.com / Dr. Housing Bubble / February 1st, 2015
One of the dirty perceptions put out there is that home buyers stay put in their homes for many decades counting their days until the mortgage burning party arrives. The real estate pitch is always built around longevity. Think about your future kids, dogs, and the […]
wolfstreet.com / by Wolf Richter / January 30, 2015
The housing market has been healed by the Fed’s bold actions, we’re told incessantly. We’re also told that the Fed is still keeping an eye on it because it might not be healed enough. Prices have soared over the last three years, and in some cities, […]
teapartyeconomist.com / By Mark Hanson / January 27, 2015
This “housing recovery” has not been about demand, rather house-price super-inflation, which is suspect as price is a “lagging” indicator to demand.
Existing Home demand has been extremely weak since mid-2013, when rates popped and the unorthodox demand began to dry up. “End-user” Existing home […]
doctorhousingbubble.com / by Dr. Housing Bubble / January 22, 2015
Whenever the mainstream press talks about the housing market they rarely provide pictures of the crap that is selling. They speak in overall glossy trends with flowery language but fail to put a picture to what is actually selling in the market. The rent is […]
zerohedge.com / by Tyler Durden on 01/14/2015 11:42
While earlier today the MBA came out with some absolutely ridiculous numbers namely that there was a 49.1% surge in mortgage applications in the week ended January 9, this was, as Stone McCarthy reported, due largely to seasonals. To wit: “The MBA’s broad mortgage application index […]
acting-man.com / Pater Tenebrarum / January 5, 2015
A Warning Sign for the UK Housing Market
The UK real estate boom has largely recovered from the brief hick-up in 2008-2009, whereby the biggest price increases were as usual seen in London and the counties in London’s immediate neighborhood. As a result, prices have not yet […]
wolfstreet.com / by Wolf Richter / December 29, 2014
Mortgages are hard to get, and inventories of homes for sale are low: Those have been the dominant reasons cited by the industry to rationalize the crummy home sales that have disappointed pundits for over a year. But now those memes have been debunked by […]
marctomarket.com / by Marc Chandler / December 24, 2014
1. To make US shale production economical, it required a high price of oil and access to cheap credit. The latter was predicated on the former. From the exploration and production to the transportation and housing markets in Texas and North Dakota, the whole shale ecosystem […]
wallstreetexaminer.com / by Logan Mohtashami / December 22, 2014
This is a syndicated repost courtesy of Logan Mohtashami. To view original,click here.
2014 was not a great year for the housing market. Higher inventories in many areas and low mortgage interest rates lead to lofty promises of booming mortgage purchase applications and “nirvana” for new […]