Thehousingbubbleblog

May 26, 2023. Ben Jones. Uncategorized. It's Friday desk cle

Goldman Sachs and Wells Fargo have both recently made forecasts for the US housing market in 2023, and their predictions suggest a decline in home prices. Goldman Sachs is forecasting a more significant drop, with a projected decline of 7.6% from the peak, while Wells Fargo predicts a more modest decrease of 5.5%.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 ...

Did you know?

Jul 15, 2023 · Oscar Flink, who owns a company that manages vacation rentals for their owners, said properties he listed for $1,300 to $1,500 a night during the busy travel months of February and March in 2022 could only fetch $600 to $900 a year later. McDougall, meanwhile, said she’s been dropping her rates by about a third. CoreLogic now deems that 67.9% of U.S. regional housing markets are “overvalued.”. Back in April, CoreLogic’s analysis had 64.7% of housing markets as “overvalued.”. Meanwhile, CoreLogic ...Orange County still carries the most expensive price tag in Southern California housing. Yet simply having a high price tag doesn’t mean prices are justified. Recent data shows that home sales in Orange County are now down over 10 percent on a year over year basis and the median price has collapsed from its peak. I wanted to dig deep into the county data to see whether a housing ...Apr 9, 2022 · We agree again, Flyover. I wouldn’t buy in this market. Given that the comparable rentals in Paramount are renting for 3K/month and the PITI for this house is $5K/month, it is not a good short term investment property. The Housing Bubble Blog; About Me. Name:Ben Jones Location:Northern Arizona, United States To donate by mail, or to otherwise contact this blogger, please send emails to: [email protected] . PayPal is a secure online payment method which accepts ALL major credit cards. Links;The U.S. is currently in one of our biggest housing bubbles in recent history. The term “housing bubble” is used to describe the housing market when it has been inflated to the point of bursting due to a combination of factors, like low supply coupled with high demand, low interest rates, and climbing bidding wars.U.S. home prices have soared to new heights and they keep on climbing, and some researchers and economists say they have seen signs of a housing bubble brewing.Home prices are rising faster than ...Mar 30, 2022 · 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 ... The Voice of San Diego has this update on that housing bubble. “Home buyers in San Diego had 19,238 homes to choose from yesterday. And for a brief time over the weekend, San Diego had more homes listed for sale than ever before.‘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.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 ...16K posts - Discover photos and videos that include hashtag "housingbubble"charles hugh smith-Weblog and Essays. The Bottomless Swamp of Regulatory Capture. October 6, 2023. All this grift, graft, predatory pricing, price-fixing and parasitic monopolizing costs the public and the economy dearly. In the great scheme of civilization, governments arose to consolidate resources, wealth and power, and protect these scarce ...May 26, 2023. Ben Jones. Uncategorized. It's Friday desk clearing time for this blogger. "Austin Board of Realtors latest data shows the median price of a home is about 466-thousand dollars, a significant drop from the price a year ago – 521-thousand dollars. 'Buyers have gotten….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 ...

Dutch bubble news: the Dutch government today announced it is guaranteeing 80% of the US Alt-A mortgage portfolio of financial ING, valued at 35 billion euro.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?Well, krispy, I remember when the m-t-m #s turned negative for the first time in 5 years. That was back in July 2004 for many California zip codes.The views expressed are those of the author, Garth Turner, a Raymond James Financial Advisor, and not necessarily those of Raymond James Ltd. It is provided as a general source of information only and should not be considered to be personal investment advice or a solicitation to buy or sell securities.

A Greater Fool Theory Of Investment. It's Friday desk clearing time for this blogger. "After cooling off in 2014, home flipping is on the rise again, according to a new report from RealtyTrac. It is reaching new peaks in 7 percent of the nation's metro markets, including Baltimore, Buffalo, New Orleans, San Diego and even pricey Seattle.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.The blog, www.thehousingbubbleblog.com, quickly evolved into an information supercenter for real estate addicts. Jones posts news stories, economic data, and analysts' reports on the housing ...…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. The Housing Bubble Blog. Search Submit. Examining the home pr. Possible cause: The Housing Bubble Blog. Search Submit. Blog Home Uncategorized Buyers.

Dec 23, 2022. In this video, Danille offer advice to current home buyers to be careful of falling prices. The housing market can be unpredictable, and it’s important to do your research and carefully consider all factors before making a purchase. One of the key advantages you’ll have as a buyer in this market is patience!Rising mortgage rates should help slow the growth in home prices. But they won’t affect anyone paying cash. And higher rates will make home owning even less affordable. “For first-time home ...

Orange County still carries the most expensive price tag in Southern California housing. Yet simply having a high price tag doesn’t mean prices are justified. Recent data shows that home sales in Orange County are now down over 10 percent on a year over year basis and the median price has collapsed from its peak. I wanted to dig deep into the county data to see whether a housing ...What's your housing bubble prediction for the second half of 2022? Six months ago: " 2022 will be the year the Fed's Everything Bubble bursts.". "A reader sent me some quotes he's collected over the year: "Coming back down to earth" "Reverting to a normal market" "Reached a plateau" "Going from 100 mph to 80 mph ...

Professor Bear. October 26, 2022 at 7:37 am. "It&# May 26, 2023. Ben Jones. Uncategorized. It's Friday desk clearing time for this blogger. "Austin Board of Realtors latest data shows the median price of a home is about 466-thousand dollars, a significant drop from the price a year ago - 521-thousand dollars. 'Buyers have gotten….Oct 8, 2023 · A weekend topic starting with Reuters. “As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening to rescue what was not too long ago considered one of the country’s ‘too big to fail’ enterprises. From the Housing Bubble Blog Sneaky Congress Up to Its Old TThe Housing Bubble Blog. Search Submit. Blo Signs of a Housing Bubble. There are several signs that indicate a housing bubble, such as rapid price increases, high levels of debt, and a rise in the number of speculative buyers. In the past, housing bubbles have led to significant economic problems, such as the Great Recession of 2008. Some historical examples of housing bubbles include ...The Housing Bubble Blog. Search Submit. Blog Home Uncategorized Prices Are Falling And The Property Market Craters. Prices Are Falling And The Property Market Craters. January 26, 2022; Ben Jones; Uncategorized; A report from Spectrum 1 on Massachusetts. "'Landlords have gotten hosed the whole time here,' said Mike DeLuca, who owns 35 ... U.S. house prices surged in 2020, rising 11.2 percent fo The pandemic while being hard on many industries, created a boost and flood of capital into the real estate market. Housing has been one of the hottest sectors since Covid-19 came on the world stage. Now that we are overheating with inflation, those juicy low mortgage rates are no longer here. The Housing Bubble Blog. Search Submit. Blog Home Uncategorized HoA housing bubble meaning describes a period when the price of houseWhat is a housing bubble? A housing bubble is a situation in which the 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.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. May 27, 2022. Ben Jones. Uncategorized. It's Fr A press release: 'Laguna Hills, CA, July 08, 2022 — Maxim Lending Corp, a mortgage broker, has introduced more accessible programs for homeowners and investors as they predict a slowdown in the housing market. In this podcast I get to speak with Ben Jones, founder of The Housing[Here are three signs that the housing maThe content on Dr. Housing Bubble Blog is provided as general i The Mercury News "She noted that townhouses in their neighborhood are going for $600,000 to $700,000. 'The house down the street, an older tract home, is selling for $998,000,' added Austin-Hanson, who lives in an apartment in West San Jose with her husband, a Safeway truck driver, and their 3-year-old daughter.