Vacant Housing Inventory
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
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
Home Mortgage Crisis Is Getting Worse
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
2022 Housing Bust – Mild or Severe
2022 Housing Bust – Mild or Severe
The real estate problems we saw back in 2006 are not the same that we’re seeing now, and that makes me concerned, very concerned! For me, the main red flag is the fact bad for each of the past two years, we’ve seen irrational exuberance in the home-buying market that has resulted in 25% per year appreciation! Sure, all real estate professionals and homeowners love to see housing appreciation. But, with over three decades of residential real estate experience I’ve never seen the market appreciate like this for the last 2 years. If I had one word to describe the appreciation that we’ve seen, it would be crazy! Read more
Housing Crash Phase 2
Housing Crash Phase 2
A huge wave of evictions is starting across the US Housing Market. This is the start of Phase 2 of the US Housing Crash.
Zillow data shows that rents in America have increased by 24% over the last 18 Months. Meanwhile data from the BLS shows that Wages have only increased by 8% in that same period – 3x Lower. Read more
Real Estate Downturn 2022
Real Estate Downturn 2022
The US Census Bureau reported this week, that new housing starts dropped 9.6% last month!
Building permits last month also fell slightly by 1.3% from the June rate. Read more
Housing Market Recession
Housing Market Recession
The Federal Reserve just warned that the 2022 Recession is about to get EVEN WORSE. Expect layoffs, bankruptcies, and a big crash in the Housing & Stock Market as the Recession and Economic Collapse play out.
After two consecutive quarters of negative GDP Growth, the US economy is unofficially in Recession. Read more
Home Sales Down – Home Listings Up
Home Sales Down – Home Listings Up
San Diego – Phoenix Home Sales
The biggest Home Sale Crash in 10 Years!
The National Association of Realtors just reported a 14% YoY Decline in Home Sales!
Read more
Home Price Drops – Top 10 Cities
Home Price Drops – Top 10 Cities
Latest data is showing a big crash in Home Prices in 10 Cities across America.
Cities like Denver, Los Angeles, San Francisco, and Austin had Home Value Drops in June 2022 according to the Zillow Home Value Index (“Raw Mid Tier”). https://www.zillow.com/research/data/ Read more
2022 Housing Inventory Way Up
2022 Housing Inventory Way Up
Homes for Sale is skyrocketing and Prices are Coming Down many Housing Markets across America. Particularly the ones with the biggest Pandemic Migration boom.
Empty Homes are PILING UP on the US Housing Market. Particularly in certain Cities and ZIP Codes where the 2022 Housing Crash is well underway. Read more