New Build Market Will Be The First To Crash
https://www.youtube.com/watch?v=OlFN6E-bQTE https://www.youtube.com/watch?v=8wwZUHBkDzo https://www.youtube.com/watch?v=cQBE4XvX5Y0 https://www.youtube.com/watch?v=X1EfOxUmSPY
https://www.youtube.com/watch?v=OlFN6E-bQTE https://www.youtube.com/watch?v=8wwZUHBkDzo https://www.youtube.com/watch?v=cQBE4XvX5Y0 https://www.youtube.com/watch?v=X1EfOxUmSPY
A weekend topic starting with the LA Daily News. "Q. Am I wrong to suggest that prices are already falling sharply, we just can’t see it? Wolf: I don’t think falling home prices are widespread yet, but there are absolutely…
It' Friday desk clearing time for this blogger. "Housing inventory in the Austin area has reached the highest level since September 2018. Spyglass Realty CEO Ryan Rodenbeck said the market has changed so much in the last couple of months…
A report from Bloomberg. "After an abrupt end to the US housing boom, home flippers who were winning big just months ago are now racing to stem losses. It’s a swift turnabout for flippers such as Tammi Merrell, who’s stuck…
A weekend topic starting with the Dallas Morning News in Texas. "'A lot of builders are very worried right now,' said Phil Crone, executive director of the Dallas Builders Association. 'They pushed all their chips in to try to keep…
A weekend topic starting with the Marietta Daily Journal in Georgia. "'Home values are staying really healthy, but it's not the frenzy that it used to be,' said Ellen Hill, a real estate agent with Atlanta Fine Homes. 'When the…
A report from the Denver Post in Colorado. "Long lead times to complete new homes have combined with rapidly rising interest rates, now at 15-year highs, to put metro Denver homebuilders and their customers in a predicament unlike any seen…
A report from Market Watch. "Lumber prices have dropped by more than 60% so far this year, but don’t count on a recovery soon. 'Home builders have faced an enormous uptick in cancellations over the past several months due to…
A report from NBC News. "'It’s gonna be tough, layoffs are a common occurrence right now. We’ve had a frenzy and it’s come to a screeching halt,' said Linda McCoy, who runs a mortgage business in Mobile, Alabama. 'It’s going…
A weekend topic starting with Mises.org. "Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The 20th-century Great Inflation, stoked by the Federal Reserve and the other central banks of the day,…