2022 Housing Market and Inflation
2022 Housing Market
Inflation surged to a 40-year record high in November 2021.
The US Housing Market is not ready for what this will bring. Especially as interest rates and mortgage rates rise. Inflation / CPI increased by 6.8% in November 2021 according to the Bureau of Labor Statistics. This was the highest reading since 1982 and means that US Consumers are paying significantly more for goods and services like energy, cars, and rent. 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
Real Estate Prices and City Job Loss
Real Estate Prices and City Job Loss
5 U.S. CITIES, which could be on the edge of a massive Housing Market Crash.
Home prices in America keep up going up. Even as the underlying economy continues to struggle. Many cities across the US are mired in a DEEP RECESSION which record levels of job losses. Read more
Home Price Declines Ahead
Are Big Home Price Declines Ahead?
Large housing market corrections are due roughly every 11-12 years, so last year would have been 12 yrs. With the way its going, the markets are completely disconnected. So, when it happens, it will probably black swan type of event that is the trigger!
Home and equity prices always come down from tops. History always repeats. Problem all of us have is timing. fear of missing out can take us to even crazier home price levels. But it always happens. Cycles always reset, with different circumstances IMHO. I think that is what Shiller is saying. Read more
Real Estate Red Flags – Wealthy Selling Their Property
Real Estate Red Flags – Wealthy Selling Their Property – Going into Rentals
The local markets are very different, so it is impossible to make a general conclusion. The FED’s data shows that the number of houses for sale on the market is increasing, so the shortage of homes for sale may be near an end. 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
New Tax Hikes Bad for Real Estate Market
New Tax Hikes Bad for Real Estate Market and stock markets!
Massive Tax Hikes Across the Board – Could be just days away!
We may be facing massive tax increases in the coming days! What should you do to shield yourself against massive tax increases such as capital gains tax, income tax and other taxes that will be needed as congress raises capital for the new 3.5 Trillion Dollar Infrastructure Bill? Read more
Pending Home Sales Fall
Pending Home Sales Fall
The housing market just went negative yet again. Pending home sales in the US have DECREASED over the last 2 months in a row. I share all the details in today’s housing market update including a real estate update on home prices thanks to a brand new report from Corelogic.
This is a very good video with a lot of good information and statistics. But whether intentional or unintentional, no mention is made of the fact that the decline in pending home sales is occurring during the traditional strongest time of the year for real estate sales! Read more