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Alexandra Stevenson, based in Hong Kong, reports on

As I have noted in the past, since the home price index data provided by Radar Logic is more timely, unadjusted and un-smoothed it is particularly useful for gaining deeper visibility over our housing markets. As for the latest trends, it’s important to note that the 25-MSA Composite is showing significant year-over-year declines while prices …Mar 23, 2023 · March 23, 2023 at 2:23 am. The Austin-based job search company Indeed has announced that 2,200 jobs are being cut. Indeed is yet another company joining the big names in the tech industry for mass layoffs. In a letter from CEO Chris Hyams, around 15% of the entire company has been cut. Like the other bubbles I've been warning about, U.S. Housing Bubble 2.0 formed as a result of the Fed's extremely stimulative monetary policies in the past decade - namely zero interest rate ...It’s Friday desk clearing time for this blogger. “Home prices continue to go down in the Boise area. The Intermountain Multiple Listing Service shows the median price of a newly constructed single-family home in Ada County dropped in March to $507,500, a decrease of more than $20,000 from February and more than $100,000 from March 2022.A report from the Philadelphia Inquirer in Pennsylvania. "For most families, owning property is the primary way they build wealth. As prices start to cool off over the next few years from sky-high growth, some people may find that their homes are worth a little less than what they paid, but that's not necessarily something to worry about, said Jacob Channel, senior economic analyst at ...Eagle Realty West Coast, Inc. Jul 25, 2014󰞋󰟠. 󰟝. http://thehousingbubbleblog.com/?p=8508 · THEHOUSINGBUBBLEBLOG.COM. The Housing Bubble Blog » The Hedge ...Home prices in Toronto reached a new record for the month of November—up 28.3 per cent from November 2020. As the number of new listings declined some—by double-digits in the condominium market—the average sale price hit an all-time high of $1.163 million, up 21.7 per cent from the previous year (the national average rose …The Housing Bubble Blog. Search Submit. Monthly Archives: May 2022 Home 2022 Monthly Archives: May 2022. Now Anger Meets Fear. May 31, 2022; Ben Jones; Uncategorized; A report from the News & Observer. "Summer has warmed up in South Carolina, but the same can't be said for its housing market. To some realtors, the higher interest rates and ...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'.There's a standard and widely shared explanation of what caused the bubble. The villains were greed, dishonesty and (at times) criminality, the story goes. Wall Street, through a maze of mortgage ...The content on Dr. Housing Bubble Blog is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.The Housing Bubble Blog Dec 2004 - Present 18 years 9 months. www.thehousingbubbleblog.com Examining the home price boom and its effect on owners, lenders, regulators, realtors, and the economy as ...July 25, 2022 at 2:14 am. ‘The pullback is a blight on commodity analysts and traders who pushed the theory that a new economic order was blossoming, one that would power a …The D Magazine article is worth reading in full. Here's one part: 'The Fed, for its part, of course, sees things much differently. Interest rates have been held down so long mainly because inflation's in check and the U.S. and global economies have been relatively weak, policymakers argue.April 2, 2023 at 1:14 am. From the first 4:40 video: Forced sales increasing in Ontario’s housing market | Your Morning. Real estate agents say more people in the Greater Toronto Area are being forced by their lenders to sell their homes. The second 2 minute video: Andrew Monaghan.Aug 31, 2023 · A report from Reuters.. “The Federal Reserve has issued a slew of private warnings to lenders with assets of $100 billion to $250 billion as part of increased efforts to tighten supervision, Bloomberg News reported on Wednesday citing people familiar with the matter. Wallace Neff’s Bubble Houses (Pasadena, California) According to 99% Invisible, the pioneering California architect believed so strongly in in his concrete dome houses, that he lived in one ...A weekend topic on lending and the housing bubble. The Visalia Times Delta"A new working paper by Wharton economists Fernando Ferreira and Joseph Gyourko, the authors argue that the idea that subprime lending triggered the crisis is misguided.The Housing Bubble Blog by Ben Jones examines the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole. housingbubble.blog 2 posts / day Sep 2018 DA 28 Get Email Contact. 2. Dr. Housing Bubble BlogThe Housing Boom May Be About to Go Bust. A new generation of buyers is jumping into the market at what may be the worst possible time. Mark Gongloff is a Bloomberg Opinion editor and columnist ...Here are 20 Best Affordable Housing Blogs you should follow in 2023. 1. Shelter Blog. The Shelter blog is an open platform to discuss housing policy, campaigns, the latest research and our activities. If you would like an official quote... more. 2. Shelterforce. 3. Habitat Blog.‘Reno posted a record high median home sale price of $635,000 in June 2022 for an existing home, almost doubling the median price of $320,000 from January 2017, according to Sierra Nevada Realtors.The Housing Bubble Blog. Search Submit. Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole."The media's bubble talk could become a self-fulfilling prophecy. It's easy to write about the doomsday scenario because it makes for dramatic reading, but the problems start to arise when it has no basis in fact and readers actually start to believe it, much like the overhyped Y2K bug."Your house too, allow your house to pay all your bills for you. It can be done, just ask this guy: "If you paid your mortgage off, it means you probably did not manage your funds efficiently over the years," said David Lereah, chief economist of the National Association of Realtors and author of "Are You Missing the Real Estate Boom?" "It's as if you had 500,000 dollar bills ...Some housing bubble news from Wall Street and Washington. Reuters, "Standard & Poor's on Friday changed its rating outlook on Bear Stearns Cos. to negative from stable, indicating a greater chance of a downgrade over the next two years, as it warned of problems that could hurt the firm's performance 'for an extended period.' 'Bear Stearns has material exposure to holdings of ...From the first 7 minute video: Las Vegas Housing Market | Shocking Report | Sept 2022 Sep 5, 2022 The bubble has popped is this a typical downturn or a 2008 level crash?16K posts - Discover photos and videos that include hashtag "housingbubble"Here are three signs that the housing market is creeping toward a 2008-like bubble. 1. Prices are above bubble levels. The Case-Shiller National Home Price Index is among the most popular measures ...In a recent post, Paul Krugman gave his take on the causes of the Great Recession. His inclination, contrary to my findings, is to emphasize the effects of the housing bust on aggregate demand ...2009. 8. 13. ... ... thehousingbubbleblog.com · LikeLike. on August 21, 2009 at 8:45 pm msexceptiontotherule. I would assume that most strippers wouldn't be seeing ...Anonymous said... If volker was appointed Secretary our problems would not be all solved,but there would be some stability in the markets 8 March 2009 at 21:21Also known as a real estate bubble, a housing bubble occurs when home prices rise at a rapid rate to a level of instability. Housing bubbles generally begin when there is a shortage of inventory and an increase in demand in a market. As the prices start rising, speculation begins to take effect. Consumers expect prices to increase further, so ...As of June 30, 2023, the Boise housing market is showing some interesting trends and forecasts. According to Zillow, the average home value in Boise City is currently listed at $463,505. However, it's worth noting that there has been a decrease of 8.5% in home values over the past year.2023: (305-169)/169 * 100) = 80.47 percent. On a real DPI basis, home prices are roughly 80 percent above where they should be. Some justify these home prices on the basis of mortgage rates and affordability. They are wrong. The difference between home prices and income is really a measure of the Fed's propensity to blow financial bubbles by ...The median sales price of a previously owned single-family house in the U.S. reached $314,300 in December, up 93% in 11 years, according to the National Association of Realtors. But this chart ...By Megan Henney FOXBusiness. Sales of previously owned homes tumbled 2.4% in March from the prior month to an annual rate of 4.4 million units, according to new data released Thursday by the National Association of Realtors (NAR). On an annual basis, existing home sales are down 22% when compared with March 2022.A press release from the used shack sellers. "As the final countdown begins to Realtor.com ® Listapalooza, the company today released data that shows homeowners are gearing up to sell this Spring and Summer. According to the report, 64% of prospective 2022 sellers anticipate doing so within the next six months.The Housing Bubble Blog - Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole. Domain Summary What is the traffic rank for Housingbubble.blog? • Housingbubble.blog ranks #771,613 globally on HypeStat.From the first 5:13 video: February 2023 Austin Texas Real Estate Market Update Mason Bleasdell - Austin, Texas Area Realtor Premiered Mar 18, 2023A report from the Dallas Morning News in Texas. "The slowdown in Dallas-Fort Worth's housing market may be worse than at first glance. Sales of preowned single-family homes dropped 1 percent annually in August in all of North Texas, according to the latest numbers from the Real Estate Center at Texas A&M University.Some housing bubble reports from Wall Street and Washington. “Downward momentum in the U.S. housing market is leading some of America’s biggest mortgage lenders to launch new cost cuts and risk reduction strategies that suggest growing concern that the outlook is worsening for the $9.5 trillion home mortgage industry.” The Mortgage Bankers Association: The D.C.-based trade group projects that the 30-year fixed mortgage rate will slowly move down this year.The group thinks mortgage rates will average 6.4% in Q1 ...The Housing Bubble Blog. Search Submit. Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole. Most …The Housing Bubble. Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.The content on Dr. Housing Bubble Blog is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.People like Buffet, Thomas Jefferson, George Washington, and Pat Tillman are the exceptions rather than the rule - just as the people here on the Housing Bubble Blog are exceptions to the rule. When the average, nearly comatose, drooling dimwit "American consumer" wakes up and realizes that he's been totally screwed, courage will not be ...87 days, historically, is not a long time to sell a house. But the bubbles have distorted peoples' perception on how quickly a house should sell. Boo Randy. January 2, 2021 at 8:11 am. 77% of Republicans and 30% of Democrats believe the 2020 election outcome was skewed by large-scale election fraud.The housing market is entering a massive slowdown and only the naïve and delusional will ignore the red warning signs. 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 ratesStubbornly low numbers of homes for sale continue to push prices higher and mortgage rates are rising faster than they have in decades. That has put the squeeze on home buyers and the real estate ...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 ...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.By the mid-2000s, real home prices at a national level were up by "only" about 50 percent, a number you could, with painful intellectual contortions, try to justify on the basis of low ...By the numbers, however, it's becoming harder and harder to argue that America's housing market isn't already over-heating. Inventory in many regions has hit record lows. Days on market are ...The San Clemente home, was first listed in 2016 for $55 million, according to listing records.". The New York Post. "A fancy Upper East Side townhouse has entered contract. The home, at 34 E. 62nd St., was last asking $19.75 million — down from its original $32.5 million asking price in 2017.". From Florida Weekly.The numbers from the Central Oregon MLS are dramatically clear, showing the slowest month of the year, at a time of year when home sales normally start to pick up.". "There were 120 homes sold in Bend (without large acreage) last month, said Realtor Rob Eggers. That compares to 146 sales in April and 156 in March, and is even slower than ...The Housing Bubble Blog. Search Submit. Blog Home Uncategorized We Are Broke And Scared And Feeling Helpless, Our Story Is But One Of Thousands. We Are Broke And Scared And Feeling Helpless, Our Story Is But One Of Thousands. June 28, 2023; Ben Jones; Uncategorized; A report from Community.Home inspectors explain red flags. US home prices have soared to new heights and keep on climbing, and now some researchers and economists are saying they have seen signs of a housing bubble ...Everyone Wants To Pay Tomorrow's Price. A report from the Orange County Register. "California's latest homebuying debacle is a pumped-up storyline we've seen before — even if each housing bubble has its own shape and size. The median price of an existing, single-family home in California in February 2023 was $735,000, 18% off May 2022 ...Some housing bubble news from Wall Street and Washington. "Total existing-home sales were 4.3 percent below the 6.75 million-unit level in January 2006. Total housing inventory levels rose 2.9 percent at the end of January to 3.55 million existing homes available for sale"The Housing Bubble Blog. Search Submit. Blog Home Uncategorized There Is A Glut Of Repossessed Vehicles, Land, Homes And Office Equipment Being Sold Off Cheaply.The content on Dr. Housing Bubble Blog is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.The 2000s United States housing bubble was a real-estate bubble affecting over half of the U.S. states. It was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2011. [2] On December 30, 2008, the Case–Shiller home price index reported the largest ...Even in Miami and Tampa, prices down for 5th month in a row. By Wolf Richter for WOLF STREET. Just for a foretaste, Housing Bubble 2 in Seattle: Housing Bubble 2 is deflating relentlessly, not under the pressure of an unemployment crisis - far from it: the labor market is still historically tight with the highest pay increases in four decades, and an increase in unemployment would be the ...May 22, 2023 · A housing bubble occurs when the rise in house prices is driven by demand and not the country’s economy. The real estate prices rise, however, there is no logical explanation for the rise in real estate prices, such as job creation, interest rates, or demographic changes. A similar situation in real estate occurred in the country before the ... Home prices spiked by 25.9% in Phoenix, 24.7% in San Diego and 23.4% in Seattle, according to the report. Meanwhile, existing home prices continued to grow in June, according to the NAR. The ...U.S. home prices shows signs of becoming "unhinged from fundamentals" like they did in the housing bubble that preceded the 2008 crash, according to a blog post by the Dallas Federal Reserve ...January 22, 2023 at 1:52 am. Nashville Housing Market Update | Leading Indicators Jan 21. Ethan Flynn, CPA | Real Estate. Jan 21, 2023. January 22, 2023 at 2:59 am. Overall violent crime has remained persistently high in the city, with 2022 marking the deadliest year for the homeless population in King County, which encompasses Seattle.. A report from NBC News.. "Millennials are growing It's Friday desk clearing time for this blogger. 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. Even if you adjust the July 2007 peak payment for inflation, it only comes out to about $3,586 in 2023 dollars, meaning that the October ... The opinions expressed in this article are ahansen's, and do 2019. 7. 24. ... http://www.thehousingbubbleblog.com msexceptiontotherule. Page 201. 7/24/19, 12:25 PM. Relationship Game Week: Agree And Amplify | Chateau ... A weekend topic starting with DSN News.. "GSE reform ha...

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