buyers

Housing defaults have skyrocketed to levels not seen since the 2008 Financial Crisis; Geopolitics erode foreign buyers; Chinese buyers drop to 11%.

WARNING: Housing defaults have skyrocketed Such a run-up was last seen during the Financial Crisis pic.twitter.com/KcDppiC6Lz — Bravos Research (@bravosresearch) July 19, 2024 Housing Affordability Continues to Erode The latest data on housing affordability paints an increasingly challenging picture for American homebuyers. As of July 2024, the median household would need to spend an estimated …

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Mortgage Rates Rise, Over 7% since Early April, Buyers Remain on Strike, Housing Market Still Frozen as Prices Are Too High

The over-7% mortgage rates seem to have become a fixture in the housing market. The average conforming 30-year fixed mortgage rate edged up to 7.07% in the latest week, and has now been above 7% since early April, according to the Mortgage Bankers Association today. During Rate-Cut-Mania, the average mortgage rate had dropped to 6.76% …

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31% of recent home buyers struggled due to budget issues and high rates; 69% of US consumers fear a recession within the next year, rising sharply recently.

The recent insights into consumer sentiment and economic outlook paint a complex picture of financial strain and diverging spending patterns across different segments of the economy. With 31% of recent home buyers citing financial challenges like budget constraints and high interest rates, it’s clear that affordability concerns are widespread and impacting major purchasing decisions. Moreover, …

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If inflation is 3%, why do home buyers need to earn 80% more than they did in 2020 to afford a home in today’s market

https://finance.yahoo.com/news/homebuyers-need-to-earn-80-more-than-they-did-in-2020-to-afford-a-home-in-todays-market-090055980.html They can redefine recession, change how and what CPI numbers measure, but they can’t redefine prices without actually putting more buying power into wallets. At the end of the day, manipulating reported numbers is just covering up for a problem that will get worse the longer it is swept under a rug instead of …

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Tesla faces image crisis among leftist EV buyers; consideration score plunges to 31%.

SAN FRANCISCO/LONDON (Reuters) – The ranks of would-be Tesla buyers in the United States are shrinking, according to a survey by market intelligence firm Caliber, which attributed the drop in part to CEO Elon Musk’s polarizing persona. While Tesla continued to post strong sales growth last year, helped by aggressive price cuts, the electric-vehicle maker …

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HSBC introduces first-ever digital gold token, offering retail buyers direct access to gold stored in the bank’s vaults

🚨HSBC LAUNCHES DIGITAL GOLD The HSBC Gold Token is the first #digitalgold coin in the world launched by a bank for retail buyers. ✅ Gold tokens represent gold in bank’s vault ✅ Blockchain allows holders to more easily track #gold they own pic.twitter.com/OSU4jnD9wa — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) March 27, 2024 HSBC’s …

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Early WARNING signs that buyers are weak

Early WARNING signs that buyers are weak$SPX $QQQ $META $TSLA $AAPL $AMZN pic.twitter.com/XpVNKfcW0Q — Simplifying Stocks, CPA (@FinFluentialx) February 3, 2024 “The name of the company is Meta. It's a cutting edge high-tech company with a super sophisticated business model of laying off 11,000 employees, generating a crap ton of free cash flow, buying back …

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Underground Party Bunker Home in Las Vegas: From Swingers’ Oasis to Real Estate Struggle… Unique Bomb Shelter Residence Sees Drastic Price Drop, Fails to Find Buyers.

A Las Vegas swingers house appearing to be models after the Playboy Mansion is having difficulty selling despite a $12 million cut in its price tag. The famous ‘Las Vegas Underground House’ on 3970 Spencer Street became available to purchase for a second time in February 2023 for $6 million. The underground house also comes …

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Top 1% of US earners are now have more wealth than the middle class; Housing is less affordable for both renters and buyers alike.

Economic inequality worsens in the U.S. as the top 1% amass more wealth. Housing affordability declines. The 1% are crushing it 👇 pic.twitter.com/0Wfsj4EbR6 — Win Smart, CFA (@WinfieldSmart) December 14, 2023 Housing is less affordable for both renters and buyers alike, per Bloomberg: pic.twitter.com/vT3bMKiKxV — unusual_whales (@unusual_whales) December 14, 2023

Backdoor Gun Grab: Congressional Dems Push Background Checks on Ammo Purchases, Seek to Criminalize Middlemen Buyers

Democratic members of Congress have introduced a bill that would impose restrictions on bulk ammunition sales, licensing requirements on ammunition vendors, and background checks for ammunition buyers. Democratic U.S. Senators Elizabeth Warren of Massachusetts and Richard Blumenthal of Connecticut, and Democratic U.S. Representatives Robert Garcia of California and Debbie Wasserman-Schultz of Florida introduced the bill …

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WSJ – Where Have All the Foreign Buyers Gone for U.S. Treasury Debt?

Overseas private investors and central banks now own about 30% of all outstanding U.S. government debt, down from roughly 43% a decade ago Chart of foreign flows of US Treasuries over time: https://i.imgur.com/sPYl8E5.png Foreigners no longer have an insatiable appetite for U.S. government debt. That’s bad news for Washington. The U.S. Treasury market is in the …

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An urgent issue looms over the car market. Shocking reports reveal potential car buyers being slapped with quotes exceeding $1,000 per month in certain markets!

The car market is facing an urgent crisis due to record-high auto insurance rates, with reports of potential buyers being quoted over $1,000 per month in certain markets, severely impacting volume and profitability. Brewing issue in the car market: Record-high auto insurance rates. It’s hurting volume and profitability in a big way, even more so …

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Bidenomics Strikes Again! US Existing Home Sales Tumble To Weakest In 13 Years (First-Time Buyers Historical Lows)

by confoundedinterest17 Bidenomics strikes … again. No, not his inane ramblings about Hamas being “the other team” or that Hamas has to learn to shoot straight. But his policies freezing effects on the economy. Like housing. Existing-home sales faded in September, according to the National Association of REALTORS®. Among the four major U.S. regions, sales rose …

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LOL: Study Finds 20% of EV Buyers REGRET Their Decision and SWITCH BACK to Gas Cars

via naturalnews: A study has found that many early adopters of electric vehicles (EVs) regret their decision and go back to using internal combustion engine vehicles.   The study, published in the journal Nature Energy, involved 4,160 early adopters of EVs in California between 2012 to 2018. This found that around 20 percent of these early adopters quickly abandoned …

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Early adopters have buyers remorse on EVs, switch back to gas engines… Price of used EVs in freefall…

Is our honeymoon with the electric vehicle finally over? A study found that one in five early adopters of EV cars and trucks are returning to gas-powered vehicles. As a result, used EV prices are freefalling. Why are early EV adopters returning to ICEs? The Journal Nature published a study revealing that of the folks …

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Tapped-out consumers are finally balking at overpaying for used cars and more than half of auto dealer credit applications for buyers are being denied

The consumer is showing signs of weakening: pic.twitter.com/lQrIAfC7CO — QE Infinity (@StealthQE4) July 30, 2023 JayPo said financial conditions tightening last week referring to this Credit is undoubtedly tightening as auto loan rejections hit highs and credit profile of borrowers deteriorate. Further tightening expected when student loan moratorium ends and excess savings dry up. https://t.co/Fgfujr4V6d …

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Treasury yield hits 16-year high due to ADP job data. Over 75% of homes unaffordable for middle-income buyers.

2-year Treasury yield hits 16-year high after ADP jobs data shatters expectations The 2-year U.S. Treasury yield reached a level not seen in 16 years on Thursday as investors absorbed strong jobs data that could mean further tightening from the Federal Reserve. The 2-year Treasury was last up by more than 11 basis points at …

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“Housing has become so unaffordable that over 75% of homes on the market are too expensive for middle-income buyers”

“Housing has become so unaffordable that over 75% of homes on the market are too expensive for middle-income buyers” Expect this to be a flashpoint issue n the 2024 presidential election if prices and/or mortgage rates don’t correct substantially by then https://t.co/NzOynYAyvG — Adam Taggart (@adamtaggart) June 13, 2023 In Phoenix, investors have sold at …

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Central banks have been net buyers of gold since 2009. This momentum has accelerated significantly again in the past year. In 2022, central banks increased their purchases by 152%, to over 1,136 tons

by BoatSurfer600 https://kingworldnews.com/tick-tock-gold-price-will-be-unleashed-to-a-new-all-time-high/ The gold price already seems to anticipate that the restrictive US monetary policy will turn out to be a bluff. Even if the gold price in US dollars has not yet marked a new all-time high, the all-time highs in various other currencies are a harbinger of the breakout in US dollars …

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So many buyers are going to regret overpaying for their homes the past 3 years. We have 1.3m homes per year coming to market vs 350k net working age adults. Who’s going to buy all these houses?

Without demographics can it ever recover pic.twitter.com/2GkWQ5sEFN — Darth Powell (@VladTheInflator) June 6, 2023 We have 1.3m homes per year coming to market vs 350k net working age adults. Who's going to buy all these houses? pic.twitter.com/IrtD892kDG — Darth Powell (@VladTheInflator) June 6, 2023

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