2023 Housing Market Outlook
2023 Housing Market Outlook
Housing market crash or not?
Some homebuyers and real estate investors are interpreting this slow pace of price declines as a sign that the Housing Market won’t crash. Read more 
Mortgage Market Drop
Mortgage Market Drop
Year over year mortgage applications dropped approximately 41%.
Yes, mortgage applications to buy a home, are down to a 28 year low! Read more
Housing Market 2023
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
Real Estate Evictions and Lease Defaults
Real Estate Evictions and Lease Defaults
America is in a major Housing Affordability Crisis in 2022.
Rental Rates are up by over 15% in the last year, leaving many renters and future homebuyers with no money. Many of these renters are not paying rent, which could lead to a massive wave of evictions in 2022 and a real estate investor sell off. Read more
Where are the Home Buyers?
Home Buyers?
Is there a CRASH in HOMBUYER DEMAND?
As we are coming into the holiday season with considerable inflation shock I would imagine many buyers are going to put house shopping on the back burner. When you can’t count on pricing for daily needs being relatively stable, it puts a lot of things on hold.
Could the US Housing Market Bubble be turning into a Housing Crash? Perhaps in certain cities across the Sun Belt, where external homebuyer interest has crashed! Read more
Banks See Housing Bubble
Housing Bubble
The housing market has had an absolutely crazy time over the last year.
When the virus hit, the world panicked, governments shut their countries down, real estate agents were banned from showing houses, millions lost their jobs and the consensus amongst pretty much everyone was that a housing market crash was imminent. Read more
Home Mortgage Delinquencies Jump
FHA Home Mortgage Delinquencies Jump
Just reported that in the fourth quarter of 2016 the Federal Housing Authority reported that home mortgage delinquencies increased for the first time since 2006. It should be kept in mind that this home mortgage delinquency jump comes at a time when the FHA was seeing the lowest home mortgage delinquency rates since 1997!
It’s fair to say that the majority of economists were surprised by this home mortgage delinquency junp. Naturally, it’s way too soon to determine if this is just a blip or the start of an ominous trend. Read more
Housing Recovery Not Until 2015
Housing market recovery
The analysis of today’s housing market in the video below, in my opinion is one of the most accurate and truthful that I have seen. Be forewarned, that if you’re a San Diego homeowner who’s expecting a snapback in your home value, I’d suggest not viewing this video because the harsh reality can be, and is, quite depressing. Read more
Home Foreclosures Likely to Rise
Banks have stepped up their actions against homeowners who have fallen behind on their mortgage payments, setting the stage for a fresh wave of foreclosures. Read more
Housing Market Outlook
Karen Weaver, head of market strategy and research at Seer Capital Management LP, talks about the outlook for the U.S. housing market. Weaver talks with Carol Massar and Matt Miller on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
httpv://youtu.be/2z3_mzvfVMA
See my 8-19-10 post: Was There A San Diego Real Estate Recovery? & my 11-17-10 post San Diego Home Sales Take Huge Fall , where I said “The evidence presented in this and other recent San Diego real estate reports seem to indicate that we have already entered into a ‘double-dip’ in San Diego home values.