Feb

Housing Market 2023

The U.S. housing market is looking like it did around 2006/7!

It’s looking like home prices could fall by 30% in 2023 as the housing crash gets worse. Read more

29

Oct

Vacant Housing Inventory

The deluge of Inventory could be worse than the Subprime Housing Crisis in 2008.

Real estate investors are unloading vacant home inventory on the US housing market. Read more

25

Oct

Home Sales Continued to Decelerate in August

Home Sales Decelerate

S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices.

Data released today for August 2022, shows that home price gains decelerated across the United States. Read more

16

Sep

Home Mortgage Crisis Is Getting Worse

In this video Peter Schiff warns about the dangerous trends in mortgage and refinance applications that may lead to something bigger down the road…

Peter D. Schiff is an economist, stock broker, financial specialist, host of the Peter Schiff Show Podcast, and author. He is the CEO and chief global strategist of Euro Pacific Capital Inc. Mr. Schiff has also written a number of books on investing over the years. He educates people all over the world about free market economics and the principles and benefits of individual liberty, limited government and sound money. Read more

1

Sep

Real Estate Bubble Explained 2022

Patrick Bet-David breaks down whether or not the housing market is going to crash.

Love ya, but it’s only 700% more foreclosures year over year because of the forbearance programs of 2020-21.

One of the options on these forbearance programs was adding 10 years to your 30 year mortgage and tacking on all the deferred payments to the end of the mortgage.

That’s like saying “evictions are up 8000% yoy” when evictions were basically banned during Covid. You are right about a lot of things, but this stat was just sensationalism.

California Housing – first time home buyer program

California Housing

The state of California is considering a new first-time buyers program. Keep in mind that the details on this program are not all in yet and nothing is official.

Some believe we are witnessing the downfall of Los Angeles, San Francisco and every city in between. We are going to see massive changes coming to the real estate space and though this will be a big impact on small business owners as well as first time home buyers who want to purchase their first home. Read more

9

May

2022 Real Estate Market Drop

Home mortgage rates jump to a 13-year High!

Home mortgage rates are now at their highest level since August 2009!

Yes, currently a 30-year fixed mortgage will cost you in the range of 5.27% which is up from 5.10% just last week! Home mortgage rates have jumped up about two percentage points just from the start of the new year! Read more

4

Apr

Housing Market Inventory Increases

Housing Market Inventory Increases in March

According to new data from Realtor.com in certain cities across America homes for sale is up by double digits!

This could be a sign that the 2022 Housing Bubble is nearing an end. And that a Housing Crash could be coming soon. Read more

3

Mar

Home Mortgage Rates

Russia & Ukraine CRASH Mortgage Interest Rates

Home mortgage rates PLUNGED yesterday due to the Russian Invasion of Ukraine. But now Mortgage and Interest Rates are surging back up after Jerome Powell testified before Congress. Where does this leave the US Housing Market in early 2022? When will the HOUSING CRASH start?

Home Prices Drop

U.S. January 2022 home prices actually DECREASED from December 2021. In addition, home prices are now at the lowest levels since April 2021.

Also, Fannie Mae and Freddie Mac INCREASED their loan sizes by 18%, resulting in a maximum loan of $1 MILLION DOLLARS throughout over 100 high cost of living areas. Read more

Posts tagged ‘housing bubble’