Housing Market – Boom to Bust
Housing Market – Boom to Bust
The year 2022 will be remembered as a big turnaround for the real estate market. After two unbelievable years of housing appreciation, where in many hot markets across the country homes appreciated in the low-to-mid 20% range, this year saw a 180-degree reversal.
This turnaround was surprising for the majority but for insiders who tracked these trends, it was inevitable. 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
Housing Market Collapse
Housing Market Collapse
Informative video but I believe it’s way too optimistic on saying there’s just going to be a 20% real estate market drop.
When one considers how much the real estate market has gone up over the last two years, I believe we’re going to see somewhere between twenty to 40% drop in prices between now and the end of 2023. Read more
2022 Real Estate Market
2022 Real Estate Market in Steady Decline
ECONOMIST DOWNGRADE THEIR HOUSING FORECAST AGAIN! .. You think they are surprised at how fast things are changing??
With a record number of buyers cancelling on their purchase contracts, housing inventory is rising quickly all across the country, pending home sales are dropping, and now the latest news that spells very bad signs for future housing demand.
California Real Estate – It’s Over!
California Real Estate – It’s Over!
Yes, I’ve seen this before in 2005. . .home prices still going up while home sales are falling!
For those of you who may not be regular readers here is the link to the first warning blog post that I put out; my first post where I called the real estate market top was June 15, 2021 (https://www.brokerforyou.com/brokerforyou/real-estate-market-downturn/ ) . On June 17 I had a follow-up post ( https://www.brokerforyou.com/brokerforyou/real-estate-market-bust/ ) where I added additional indicators, that to me showed that the market was in a topping phase right now! I put the links to each one of those prior post above, and would suggest if you’re interested, to reread those posts! Read more
Home Mortgage Rates Spike
Home Mortgage Rates Spike
Mortgage Rates jump to 5.25%
Home mortgage rates climbed to 5.25% today – the highest mortgage interest rates since late 2018! In addition, the yield on the 10yr US Treasury climbed to 2.857% which is tied loosely to mortgage rates.
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
Real Estate utility bills
Real Estate will be impacted by rising utility bills.
We will see gas prices double from here in 2022.
This will cause a panic in the economy unlike anything that we have ever seen in the past. This panic will cause most people to take the bus, train and move. The reason for this is they simply will not be able to fill up their own car at the gas pump. They will be forced to relocate so that they can avoid having to deal with the stress of spending their entire work check to simply fill up their tank for the week. Read more
Housing Inventory
Housing Inventory set to surge.
U.S. Housing Inventory is at RECORD LOWS, creating a massive 2022 Housing Bubble.
The combination of the end of the pandemic and higher mortgage rates could mean a BIG SURGE in US Housing Market Inventory in 2022. Read more
Home Mortgage Crisis 2022
Home Mortgage Crisis 2022
The U.S. housing market is entering another mortgage crisis in 2022. Particularly in cities where down payments and mortgage payments have spiked to levels even higher than the 2007 housing bubble.