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
2022 HOME PRICE CRASH
2022 HOME PRICE CRASH
Today, home Prices are Crashing across America. But how much will they decline in your city? This video, and a metric called P/E Ratio, answers the question
Fed Head Jerome Powell just announced that the Housing Market needs to go through a Correction. Yet another sign the 2022 Housing Crash is about to get even worse. Read more
2022 Housing Crash Deepening
2022 Housing Crash Deepening
Home Prices across America are DROPPING FAST according to New Data from Redfin.
Metros like Austin, Dallas, San Jose, Denver, and Las Vegas have some of the biggest declines in Median Sale Price over the last 3 Months. 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
Another Housing Crash?
Another Housing Crash?
In California the general trend here is people want to be as close to the coast and Metro centers as possible.
Of course that’s very expensive. So people start moving away to get whatever they can afford. So you have places like Palmdale and Santa Clarita where people don’t actually want to live there, but it’s all they can afford. Read more
2022 Housing Crash has started
2022 Housing Crash
A big problem for home builders and could cause a Housing Crash soon.
Surging Mortgage Rates has made buying a Home in in US Real Estate Market much more expensive over the last three months. Particularly so for newly built homes. Read more
2022 Housing Crash ALREADY STARTED
2022 Housing Crash
The California Real Estate CRASH has started. In this video, Reventure Consulting is projecting home values to decline by 10-30% depending on the city.
But homebuyers and real estate investors won’t feel the impacts until later in 2022. Home Prices across California are at record levels. The typical home in San Jose goes for $1.5 Million. In San Francisco it’s $1.4 Million. And Los Angeles Real Estate averages $850k. These home values are up nearly 20% over the last year – a clear WARNING signal that California’s Housing Market and Economy could be heading for a CRASH in 2022. Read more
2022 California Real Estate Market Red Flags
2022 California Real Estate Market
The US government’s own statistics are very clear, the California exodus continues. 1.1 Million have fled the state since 2017!
First of all, let me say that I was wrong! Yes, I thought the California housing market would be well on its way into a major crash by now. I believe what was different about this time around, was the fact that California as well as the entire country, went on a huge money giveaway plan to try and stimulate the economy out of the covid mess. Plus, California seem to have endlessly extended the eviction moratoriums. So, I guess in one sense the government’s reckless spending spree, forestalled the inevitable and greatly contributed to the outrageous real estate appreciation of the last few years. Personally oh, it’s my opinion, that a lot of smart people (Elon Musk among them) decided that the best financial move they could ever make was getting out of California and moving their businesses to more business-friendly states. Read more