Category Archives: Housing Bubble

Gains continue to moderate

Posted on December 27, 2018 by grim

From MarketWatch: U.S. home-price gains keep slowing as higher rates scare off buyers, Case-Shiller shows The S&P/Case-Shiller 20-city index rose a seasonally adjusted 0.4% in October but in a clear sign of the housing market’s recent struggles the increase in … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 51 Comments

Shiller’s Take

Posted on December 19, 2018 by grim

From the NYT: The Housing Boom Is Already Gigantic. How Long Can It Last? We are, once again, experiencing one of the greatest housing booms in United States history. How long this will last and where it is heading next … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 96 Comments

Not just here?

Posted on December 15, 2018 by grim

From CNBC: Goodbye to bidding wars: Some of the hottest housing markets are falling the hardest It was just last spring that home buyers in most of the nation were digging ever deeper into their pockets, bracing for a bidding … Continue reading →

Posted in Housing Bubble, National Real Estate | 21 Comments

It’s different now, or is it a different kind of bubble now?

Posted on December 14, 2018 by grim

From Bloomberg: Trouble in Housing? It’s More 1994 Than 2007 Housing market softness in the back half of 2018 has investors and the public wondering how bad things might get. It’s understandable that people would be worried, considering that the … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 12 Comments

Kaboom! Err, a new boom.

Posted on October 21, 2018 by grim

From HousingWire: TransUnion: Home equity lending is going to soar Home equity levels continue to rise, and all signs point to a market ripe for home equity lending, according to a recent report from consumer credit reporting agency TransUnion. Home … Continue reading →

Posted in Economics, Housing Bubble, Mortgages, National Real Estate | 42 Comments

Room to run or end of the road?

Posted on October 16, 2018 by grim

From Bloomberg: Housing Market Is Raising Serious Red Flags Despite a robust U.S. economy, at least as measured by gross domestic product, real home price growth is locked in a cyclical downturn. If that’s not bad enough, it will likely … Continue reading →

Posted in Housing Bubble, National Real Estate | 94 Comments

Rockland and Westchester slow

Posted on October 15, 2018 by grim

From LoHud: After a robust year, there are signs the housing market is in correction mode The residential market in the Lower Hudson Valley shows signs of a slowdown. The number of sales in the third quarter slipped from a … Continue reading →

Posted in Economics, Housing Bubble, North Jersey Real Estate, NYC | 64 Comments

Oh baby, now we’re talking

Posted on October 13, 2018 by grim

From CNBC: Thousands line up for zero-down-payment, subprime mortgages Magdalene Altidor lost her home to foreclosure during the subprime mortgage crisis, but this week she was first in line at a four-day event in Miami where borrowers with poor credit … Continue reading →

Posted in Housing Bubble, Mortgages, Risky Lending | 16 Comments

NYC transitions into a cooling market

Posted on October 1, 2018 by grim

From CNBC: NYC has moved into a buyer’s market, and is experiencing a housing trend last seen in 2009 New York City’s pricey real estate has become a “buyers market,” new data suggests, characterized by lowball offers and a rise … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Lowball, NYC | 46 Comments

Ah hell, they went and said it…

Posted on September 26, 2018 by grim

From MarketWatch: Home-price gains decelerate to 11-month low as housing market tries for a soft landing The numbers: The S&P CoreLogic Case-Shiller 20-city index rose 0.1%, seasonally adjusted, in July, and was up 5.9% compared with a year ago. What … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 94 Comments

Existing home sales flat in August, prices up, inventory up slightly

Posted on September 21, 2018 by grim

From HousingWire: Existing home sales held steady in August After falling for four consecutive months, existing home sales held its ground in August, according to the latest report from the National Association of Realtors. Total existing home sales, completed transactions … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 57 Comments

Kaboom

Posted on September 19, 2018 by grim

From StreetEasy: 10 Years After the Financial Crisis, False Optimism Pervades NYC Housing Market Aspiring investors may be tempted to view the city’s recovery and the gains reaped by a handful of buyers as evidence that only a major bounty … Continue reading →

Posted in Housing Bubble, NYC | 28 Comments

Owners staying put is causing the inventory crunch

Posted on August 15, 2018 by grim

From HousingWire: First-time homebuyers dominate mortgage market First-time homebuyers may be facing rising affordability issues, but they are still outpacing the share of repeat buyers in the housing market, according to the latest report from the Urban Institute. This is … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 28 Comments

Hottest markets?

Posted on August 14, 2018 by grim

God, I feel that the Ledger should just give up on the stupid “top 10 list” format, I feel like I’m getting sucked into a social media marketing promotion by taking the clickbait. I’ll be the sucker and save you … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, New Jersey Real Estate | 39 Comments

Will the pause continue?

Posted on August 8, 2018 by grim

Great piece from Citylab this morning: This Housing Price Spike Is Different Housing prices are cooking. Across the nation, the price of homes is rising faster than the rate of inflation—in some places by a factor of three. That’s true … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery | 129 Comments