Category Archives: Housing Bubble

If we learned anything during the last bubble, it’s that this is a sign of a bubble

Posted on February 22, 2018 by grim

From Builder Magazine: HOMES NEAR ENVIRONMENTAL HAZARDS SHOW STRONG PRICE APPRECIATION ATTOM Data Solutions today released its 2017 Environmental Hazards Housing Risk Index, which shows that median home prices in U.S. zip codes in the highest 20% for environmental hazard … Continue reading →

Posted in Housing Bubble, National Real Estate | 133 Comments

Case Shiller up 6.4% yoy

Posted on January 31, 2018 by grim

From HousingWire:

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

Yeah yeah, be priced out forever, we’ve heard that before.

Posted on January 30, 2018 by grim

From Forbes: 2018’s Housing Market Looks Good Unless You’re A First-Time Millennial Buyer The nation’s housing market for 2018 continues to look good, according to two recently released reports. But first-time millennial buyers will continue to struggle with affordability, especially … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Housing Recovery, National Real Estate | 113 Comments

In foreclosure … for 10 years

Posted on January 10, 2018 by grim

From Curbed: In 2017, NYC foreclosures reached its highest level since 2009 Foreclosures have been on the rise across New York City for a while now but in 2017, the number of cases hit its highest peak in eight years. … Continue reading →

Posted in Foreclosures, Housing Bubble, NYC | 271 Comments

37% of large metros now overvalued

Posted on January 4, 2018 by grim

From HousingWire: CoreLogic: Home prices jump 7% annually in November CoreLogic’s HPI showed home prices increased 7% from November 2016 to November 2017 and jumped 1% from October to November. But these home price increases are expected to slow into … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 167 Comments

Nerdwallet? More like Emptywallet.

Posted on October 7, 2017 by grim

Insanity from Nerdwallet – clearly the housing market is getting bubbly:

Posted in Housing Bubble | 73 Comments

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 | 142 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 | 104 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