Category Archives: Housing Bubble

August Case Shiller

Posted on October 30, 2019 by grim

From CNBC: Home price gains heat up in August but slow in major markets, S&P Case-Shiller index says Home prices are heating up again on a national level, but some of the largest cities are lagging. That may be due … Continue reading →

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

Mortgage company CEO wants tax break so he can write more mortgages

Posted on October 14, 2019 by grim

From Marketwatch: Opinion: This tax break for first-time home buyers could keep the housing market afloat It’s not easy being a home buyer these days. U.S. home prices are high, housing inventory is low, and consumer sentiment is wobbling. A federal … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, Mortgages, National Real Estate | 101 Comments

Not time to drop?

Posted on October 5, 2019 by grim

From HousingWire: CoreLogic says U.S. home-price gains will accelerate through 2020 CoreLogic Chief Economist Frank Nothaft said the pace of home-price gains will quicken over the next 12 months as low mortgage rates give buyers the ability to pay more … Continue reading →

Posted in Economics, Employment, Housing Bubble, National Real Estate | 81 Comments

Not so good in NYC

Posted on October 2, 2019 by grim

From the very rarely cited Fox News: NYC housing prices in near ‘free fall,’ conditions mirror recession era following tax hikes The Manhattan real estate market stumbled in the third quarter of 2019, new reports show, as prices plunged and fewer buyers were willing … Continue reading →

Posted in Economics, Housing Bubble, NYC | 167 Comments

Leading Indicator?

Posted on September 13, 2019 by grim

From Forbes: The California Real Estate Boom Is Over. What Now? If you had invested in a property in San Francisco five years ago and cashed out in 2019, you would have made a 50% profit, never mind the rental … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 150 Comments

June Case Shiller

Posted on August 30, 2019 by grim

From Inman: Home price gains continue to slow down in June: Case-Shiller Annual home price gains continued to slow in June, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday. Home prices, on average, achieved an … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 58 Comments

Insanity

Posted on August 25, 2019 by grim

From HousingWire: Appraisals may soon not be required on certain home sales of $400,000 and under Certain home sales of $400,000 and under may soon not need an appraisal, as federal regulators are close to approving a proposal to increase … Continue reading →

Posted in Economics, Foreclosures, Housing Bubble, Mortgages, National Real Estate | 44 Comments

Don’t Fear The Reaper (or maybe you should)

Posted on August 15, 2019 by grim

From CNBC: More signs point to a softer housing market, even as mortgage rates fall Homebuilders and buyers alike are pulling back, even as mortgage rates fall to multiyear lows. The housing market is simply too pricey, and consumers are … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 39 Comments

Home prices pick up speed

Posted on July 3, 2019 by grim

From HousingWire: Annual home-price growth reverses course, finally rises After 14 months of slowing home-price gains, the pace of growth finally picked up speed in May, increasing by 3.6% on an annual basis, according to the latest from CoreLogic. And, it … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 32 Comments

The first cracks?

Posted on June 29, 2019 by grim

From Curbed: SF home prices drop, still unaffordable for all On Thursday, Orange County-based data firm Core Logic reported that the median home price in San Francisco is down year over year, dropping four percent in May. Earlier this year, … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 31 Comments

Gettin risky with it

Posted on June 11, 2019 by grim

From HousingWire: FHA is increasing lending to riskier borrowers Citing rising risks among the mortgages it is backing, the Federal Housing Administration earlier this year announced that it was changing some of its lending rules to increase the prevalence of manual underwriting. The idea behind the … Continue reading →

Posted in Economics, Housing Bubble, Mortgages, Risky Lending | 247 Comments

We go down now?

Posted on June 3, 2019 by grim

From Fortune: Average Home Values See First Monthly Drop in 7 Years In uncertain times, rising housing values have been one thing keeping our collective spirits up. But, as they say, nothing increases forever, and the U.S. real estate market … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery, National Real Estate | 86 Comments

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