Category Archives: Housing Bubble

Choking the market

Posted on September 21, 2017 by grim

From MarketWatch: Existing-home sales fall in August for the fourth time in five months Existing-home sales in August dropped for the fourth time in five months as real-estate agents continue to blame a lack of available homes to buy. The … Continue reading →

Posted in Housing Bubble, Housing Recovery, National Real Estate | 141 Comments

Dynamics right for a bubble? Or is it different this time?

Posted on September 5, 2017 by grim

From the NY Post: Are we headed for another housing collapse? One decade after the biggest housing collapse in America’s history led to a global recession, could we be facing another crisis? “Not happening,” says Burns, adding that the 2007 … Continue reading →

Posted in Housing Bubble, Housing Recovery, National Real Estate | 132 Comments

So it wasn’t subprime?

Posted on August 31, 2017 by grim

From Quartz: House flippers triggered the US housing market crash, not poor subprime borrowers The grim tale of America’s “subprime mortgage crisis” delivers one of those stinging moral slaps that Americans seem to favor in their histories. Poor people were … Continue reading →

Posted in Foreclosures, Housing Bubble, National Real Estate, Risky Lending | 88 Comments

Up Up and Away!

Posted on August 17, 2017 by grim

From HousingWire: Home prices hit yet another new all-time high Home prices increased in the second quarter of 2017 to yet another all-time high due to low levels of housing supply, according to the latest quarterly report from the National … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 34 Comments

Smaller down payments gaining popularity

Posted on August 15, 2017 by grim

From CNBC: Homebuyers put less and less skin in the game, adding to the market’s overall risk It feels like deja vu in mortgage land all over again. Homebuyers are increasingly opting to put less money down when purchasing their … Continue reading →

Posted in Housing Bubble, National Real Estate, Risky Lending | 77 Comments

Ready for another bubble?

Posted on August 2, 2017 by grim

From CNBC: Home price gains are accelerating again, and in some cities those values are overheating. Four of the nation’s largest cities are now considered overvalued, according to CoreLogic. Home prices in Denver, Houston, Miami and the Washington, D.C., metropolitan … Continue reading →

Posted in Housing Bubble, National Real Estate | 103 Comments

Exurb Puff Piece? Smells like a bubble

Posted on July 21, 2017 by grim

From the NY Times: Extreme Commuting In 1492, after an arduous voyage aboard Columbus’s vessel the Santa María, Rodrigo de Triana, a lookout, bellowed, “Tierra!” This is pretty much how Corey Ferrell, a commuter, sometimes feels upon docking at his … Continue reading →

Posted in Employment, Housing Bubble, National Real Estate, NYC | 56 Comments

Another bubble?

Posted on July 14, 2017 by grim

From Forbes: Home Prices And Buyer Competition Hit New Highs in June U.S. home prices rose 7.3 percent to a median sale price of $298,000 in June, according to Redfin, the next-generation real estate brokerage. This is the highest national … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 40 Comments

Shiller on the origins of housing’s animal spirits

Posted on May 21, 2017 by grim

From the New York Times: How Tales of ‘Flippers’ Led to a Housing Bubble There is still no consensus on why the last housing boom and bust happened. That is troubling, because that violent housing cycle helped to produce the … Continue reading →

Posted in Housing Bubble, National Real Estate | 52 Comments

Home price expectations highest since 2005.

Posted on April 24, 2017 by grim

From Gallup: More in US Expect Local Home Values to Rise Sixty-one percent of U.S. adults predict housing prices in their local area will increase in the next 12 months, up from 55% a year ago and the highest Gallup … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 43 Comments

Annual home prices accelerating … with rates higher?

Posted on February 8, 2017 by grim

From MarketWatch: Home prices accelerating in the face of rising mortgage rates U.S. house prices rose at an accelerated pace in December, a sign that higher mortgage rates aren’t yet diminishing outsize demand for properties. Data provider CoreLogic said its … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 146 Comments

What bubble? What bust?

Posted on February 1, 2017 by grim

From the WSJ: Home Price Growth Showed No Signs of Slowing in November, Case-Shiller Says Home prices climbed strongly in November, as price growth showed no signs of slowing even after mortgage rates began to tick up during the month. … Continue reading →

Posted in Housing Bubble, Housing Recovery, National Real Estate | 79 Comments

“Take a vacation on the house.”

Posted on January 18, 2017 by grim

From CNBC: Rising home values aren’t enough to shake consumers’ memories of the financial crisis Consumers still see value in buying and owning homes. Yet with memories of the recession still fresh in their minds, the recent lift in real … Continue reading →

Posted in Housing Bubble, Mortgages, National Real Estate, Risky Lending | 85 Comments

Yeah, this again.

Posted on December 30, 2016 by grim

From the WSJ: House Flipping Makes a Comeback as Home Prices Rise House flipping, a potent symbol of the real-estate market’s excess in the run-up to the financial crisis, is once again becoming hot, fueled by a combination of skyrocketing … Continue reading →

Posted in Housing Bubble, Mortgages, Risky Lending | 79 Comments

New Record – New Bubble?

Posted on December 28, 2016 by grim

From the WSJ: U.S. Home Prices Climbed Sharply in October Home prices went up sharply in October, as the market showed no signs of slowing after setting a record a month earlier. The S&P CoreLogic Case-Shiller Indices, which covers the … Continue reading →

Posted in Housing Bubble, National Real Estate | 14 Comments