Category Archives: Housing Bubble

Experts offer milquetoast predictions, nothing you didn’t already know.

Posted on February 10, 2022 by grim

This is all you’ve got? Talk about bold predictions. From MarketWatch: ‘Home price growth may return to normalcy.’ 5 economists and real estate pros predict what will happen in the housing market in 2022 Prediction 1: Mortgage rates will rise … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 143 Comments

Really Zillow?

Posted on February 7, 2022 by grim

From Fortune: Zillow: Our 2022 housing forecast is way off—home prices now set to spike 16% Homebuyers got crushed last year as home prices soared at their highest clip on record. Housing economists saw that price growth—which peaked at a year-over-year rate … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 46 Comments

We’ve got all the risk

Posted on January 31, 2022 by grim

From NJ1015: More than 1 in 5 high-risk U.S. housing markets are NJ counties A 2021 fourth-quarter report released by ATTOM Data Solutions shows that one-fifth of the nation’s counties most at risk for damage to their housing markets due to COVID-19’s … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Politics | 127 Comments

Where now?

Posted on January 29, 2022 by grim

From Forbes: Home price growth decelerates again—forecast models say the peak rate is behind us Where do we go from here? Every leading real estate forecast modelreviewed by Fortune predicts this home price growth deceleration—which started in September—will continue in 2022. The most … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 128 Comments

18.8% isn’t really “slowing” – just sayin’

Posted on January 26, 2022 by grim

From the WSJ: U.S. Home-Price Growth Slowed in November U.S. home-price growth decelerated in November as months of fast-rising prices pushed some buyers out of the market. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 350 Comments

The snark is just too good (sorry Mary)

Posted on January 17, 2022 by grim

From NJ1015: Is this a $3M dump? No one wants Mary J. Blige’s NJ mansion (Opinion) Singer Mary J. Blige was inducted into the Rock and Roll Hall of Fame last year. She’s won nine Grammy awards, been nominated for … Continue reading →

Posted in Economics, Housing Bubble, New Jersey Real Estate | 231 Comments

Sales down, prices up..

Posted on September 20, 2021 by grim

From Redfin: Home Sales Fell 6% in August, the First Annual Decline in 15 Months However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market. The median price … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 136 Comments

Boom or bubble

Posted on September 13, 2021 by grim

From CNBC: Here’s why experts believe the U.S. is in a housing boom and not a bubble The U.S. housing market has been an unlikely beneficiary from the Covid-19 pandemic. During the pandemic, home prices have climbed at a record … Continue reading →

Posted in Housing Bubble, National Real Estate, New Development | 384 Comments

Bubflation?

Posted on September 1, 2021 by grim

From CNBC: Soaring home prices shattered another record in June, S&P Case-Shiller says Home prices rose 18.6% annually in June, up from the 16.8% increase in May, according to the S&P CoreLogic Case-Shiller national home price index. That is the … Continue reading →

Posted in Housing Bubble, National Real Estate | 267 Comments

Cool? Or prelude to Crash?

Posted on August 24, 2021 by grim

From CNN: The US housing market is starting to cool off — a bit The housing market is showing signs of cooling off.Sales of existing homes — which include single-family homes, townhomes, condominiums and co-ops — were up 2% in July from the … Continue reading →

Posted in Housing Bubble, National Real Estate | 47 Comments

It’s just not possible here

Posted on July 22, 2021 by grim

From Bloomberg: Zero-Down Mortgages Stoke U.S. Subprime-Like Fears in Canada They’re the kind of exotic mortgages that one typically associates with the reckless, go-go housing market that gripped the U.S., circa 2005: Put down 5% cash and get 3% back; … Continue reading →

Posted in Housing Bubble, Risky Lending | 378 Comments

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