Category Archives: Housing Bubble

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

What bust?

Posted on November 30, 2016 by grim

What now, shut down the blog? From the WSJ: Home Prices Recover Ground Lost During Bust U.S. home prices have climbed back above the record reached more than a decade ago, bringing to a close the worst period for the … Continue reading →

Posted in Housing Bubble, Housing Recovery, National Real Estate | 90 Comments

DoJ fails, BoA walks

Posted on November 24, 2016 by grim

From the Wall Street Journal: Justice Department ‘Hustle’ Case Against Bank of America Dies The government’s Hustle case against Bank of America Corp. is finally dead. The case, in which the government accused the bank’s Countrywide Financial Corp. unit of … Continue reading →

Posted in Foreclosures, Housing Bubble | 29 Comments

FHA/VA cause new bump in foreclosures?

Posted on November 13, 2016 by grim

From CNBC: What’s behind a sudden foreclosure spike Foreclosures had been falling steadily to the lowest levels in nine years, but a curious spike in October may be the first sign of a crack in the recovery. The number of … Continue reading →

Posted in Foreclosures, Housing Bubble, National Real Estate | 37 Comments

What bubble?

Posted on November 3, 2016 by grim

From HousingWire: Median home prices finally pass housing boom levels, hit all-time high Home prices hit a new all-time high, finally surpassing the pre-recession peak, according to the Q3 2016 U.S. Home Sales Report from ATTOM Data Solutions, a source … Continue reading →

Posted in Housing Bubble, National Real Estate | 134 Comments

Peak 2017

Posted on October 5, 2016 by grim

From HousingWire: CoreLogic expects home prices to peak in 2017 Home prices increased in August both monthly and annually, according to the Home Price Index and HPI Forecast released by CoreLogic, a global property information analytics and data-enabled solutions provider. … Continue reading →

Posted in Housing Bubble | 72 Comments

Affordability Sucks, Inventory Sucks, Housing Sucks

Posted on October 4, 2016 by grim

From HousingWire: Looking to buy a home? Now is not the time The summer heat also brought with it rising home prices, which reached levels not seen since before the housing crisis. Now, however, as the heat subsides and we … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 65 Comments

Will the next bubble be the biggest yet?

Posted on June 14, 2016 by grim

From CNBC: Experts sharply divided over whether surging home prices signal new bubble We’re living in a very different housing world today — from tighter credit to stricter regulations — compared with the dark days of the crash, but rising … Continue reading →

Posted in Housing Bubble, Housing Recovery, National Real Estate | 121 Comments

A Flipper Cooker?

Posted on June 3, 2016 by grim

From CNBC: House flipping heats up, creating ‘home price pressure cooker’ It looks so easy on TV. Buy a bargain-basement house, pull up some nasty carpet, re-tile the bathroom, paint away the wall stains and sell it for a hefty … Continue reading →

Posted in Housing Bubble, National Real Estate, New Development | 81 Comments