Will It Drop Another 20%?
https://www.youtube.com/watch?v=AiM6SSispIE https://www.youtube.com/watch?v=qcBO23PMEc0 https://www.youtube.com/watch?v=1JS6pWeNY2E https://www.youtube.com/watch?v=mkbklpeiOQw https://www.youtube.com/watch?v=6MmSaBYIKJE
Housing Bubble Predictions For The New Year
What are your housing bubble predictions for the new year? Six months ago: "I think this will have to do primarily with interest rates – and i think that the central banks will chicken out and live with inflation (in…
The Great Financial Bubble Of Every Bubble Being Pricked By The General Move To Somewhat Greater Degrees Of Financial Sanity
A holiday topic starting with NPR. "Seattle Times business reporter Paul Roberts spoke to KUOW's Angela King: I've talked with a number of workers from India and from China who are really not sure what to do. Some have been…
This Home-Loan Crater Is Deeper Than Anything We Witnessed During The Bubble-Bursting Housing Meltdown Of The Mid-2000s
A report from the Colorado Springs Gazette. "Sellers are slashing asking asking prices on hundreds of homes for sale in neighborhoods throughout the Pikes Peak region. Price reductions of thousands and even tens of thousands of dollars are common, Realtor.com's…
A Zero-Rate World Has Drifted Into The Land Of Excess
A weekend topic starting with Fortune. "Homebuilders and economists alike were on edge this spring after the Federal Reserve Bank of Dallas published a paper titled "Real-Time Market Monitoring Finds Signs of Brewing U.S. Housing Bubble." Shortly afterwards, Fortune spoke…
Housing Inventory Levels Are Alarmingly High And Sales Are Cratering
A report from Deseret News. "'We’ve definitely slowed. Our prices are starting to come down because the interest rates are so volatile,' said Dejan Eskic, a senior research fellow at the University of Utah. After listening to the latest Fed…
We Increase Prices Without Understanding That It Will Backfire On Every Single Part Of The Industry
A report from Market Watch. "'Our prices have come off of their irrational highs of the last 18 months. It’s kind of a rebalancing,' Dave Walsh, manager of Compass Realty San Jose, told MarketWatch. At open houses in the Bay…
We’re Coming Out Of A No Rules Era
A report from Miami Community News in Florida. "It is as if the collective consciousness of anyone thinking of selling said, 'Oh, I have missed the top and I better get on market right now so I don’t lose more…
Buyers Have Disappeared And Sellers Are Shocked
A report from the Tribune in California. "When will the San Luis Obispo County housing market return to normal? Housing prices have seen 'enormous growth' in the past couple of years, Cal Poly finance professor Ziemowit Bednarek said, increasing as…
I Think We’ve Hit The Ceiling, And You Know, It’s A Really Big Ceiling
A report from Candy's Dirt in Texas. "If anyone at a cocktail party says, 'I’m waiting on the housing market to crash,' you simply walk away from that conversation because that person has zero knowledge whatsoever. If someone says, 'There…