Independent thinking for complex markets and current events
Weak buyer demand, weakening home prices and overall uncertainty in the economy are combining to make home sellers change their minds and step out of the market. Close to 85,000 U.S. sellers took their homes off the market in September, up 28% from September 2024 and the highest level for that month in eight years, …
by confoundedinterest17 Yikes! October saw an estimated 36.8% more home sellers than buyers, biggest gap in records dating back to 2013. Last one, promise 😁 pic.twitter.com/1luRsMFlo7 — Hollywood Horror Museum (@horrormuseum) November 25, 2025
Retail stores are collapsing right in front of our eyes as American families struggle to make ends meet. In this video, we’re looking at what’s really happening with our economy, from completely empty malls and major store closures to massive layoffs hitting right before the holidays. We’re seeing Claire’s, Target, Kroger, and other major retailers …
42 % drop in home sales is enormous. The Chinese consumer has stopped spending. China is the # 2 largest economy in the world. It’s housing market is the largest asset class in the world. US is already in an undeclared recession. Watch 1st 3 to 5 minutes for main details. AC
Affordability crisis rattling mom-and-pop shops… “Surging import costs. Mounting payroll and healthcare expenses. A shortage of affordable loans. And a stressed-out workforce. Small businesses are facing mounting pressure from America’s affordability crisis. Doug Scheffel, owner of a family-run ETM Manufacturing in Massachusetts, laid off about a quarter of his employees in April as the Trump …
🚨BREAKING: Home Depot COLLAPSED after HORRIBLE earnings. The economy SUCKS. — Spencer Hakimian (@SpencerHakimian) November 18, 2025 Home Depot on Tuesday cut its full-year profit forecast and missed Wall Street’s earnings expectations for the third straight quarter as it saw weaker home improvement demand, tepid consumer spending and lower-than-usual storm activity. The retailer said it …
CHINO HILLS, Calif. (KABC) — At least eight people are in the hospital after a home exploded in Chino Hills on Sunday. The explosion happened around 3:45 p.m. at a home in the 4200 block of Sierra Vista Drive. AIR7 video from above the scene shows pieces of the home scattered all over Sierra Vista Drive, …
by confoundedinterest17 Housing after Covid. 2020. A year that goes down in infamy. The Covid outbreak and the government’s insane overreaction to it. Masks and massive spending, driving up housing prices. After 2020, mortgage originations plummeted while housing prices soared. US home prices took off like a scalded cat after the Federal government went on …
Canadians are broke and food prices are beyond control, its worse than USA in Canada. and Canadian main stream media blaming on Trump that because of him people not going to USA and in the news showing a few handpicked rich person and their interviews.
Before covid, the average first-time homebuyer age never exceeded 33 years old. In 2025, it rose to a whopping 40. byu/Conscious-Quarter423 inInfographics The same generation that had affordable housing in their 20s is the same generation buying houses today. Because the average working class person cant save for the down payment in this market. The …
'This gold is the real thing, not Home Depot stuff.'pic.twitter.com/FtZsRoQ59D — Citizen Free Press (@CitizenFreePres) November 11, 2025
If the mortgage has to double in length, the market is already broken. If you stretch a 30-year mortgage to 50 years on the median U.S. home (~$410K) You’ll pay roughly $300K–$450K more in interest over the life of the loan. Sure, your monthly payment drops — but you’ll spend an extra two decades paying …
by confoundedinterest17 Redfin’s Housing Turnover Report, Q1–Q3 2025 Just 2.8 homes out of every 1,000 changed owners in the first nine months of 2025—the lowest turnover rate in at least three decades. This marks a 38% plunge from the 2021 frenzy, when 44 per 1,000 homes sold, and is 44% below the pre-pandemic 2019 pace of 40 …
US Rents were down 0.9% over the last year, the 29th consecutive month with a YoY decline. Renting a home is cheaper than paying a mortgage in all 50 of the largest metros in the US. byu/Boo_Randy_II inHouseBuyers
IRVINE, Calif. (KABC) — A house of horrors in Orange County overrun with rats has been declared a public nuisance by the city of Irvine as neighbors grow frustrated with rodents roaming around freely. “There’s no way a human being can live in this environment,” said David Shuelke, an exterminator and rat expert with Twin Home …
New home sales in China collapsed by 42% in October when compared to last October, representing more than just another setback for the beleaguered Chinese real estate market, the world’s largest asset class. This is a major problem for Chinese banks, not that they were expecting different. So, we see interest rates are back to …
Mortgage rates jump 20 basis points following Fed cut While the Federal Reserve cut its benchmark interest rate this week, mortgage rates responded by doing just the opposite. The average rate on the 30-year fixed mortgage has jumped 20 basis points since Chairman Jerome Powell announced the cut on Wednesday and held a news conference, …
Americans value good neighbors so much that 82% say having them is just as important as price or location when buying a home. Americans would feel most positively about having an older couple as a neighbor (59%) and most negatively about a sex offender (90%). Neighbors shouting or fighting regularly (89%) would most bother Americans, …
Soon they will start approving 40-50yr mortgages to pretend its affordable because “the monthly payment is only 60% of your income, totally affordable!” I’ve been saying this for years. It’s the high prices not the rate. It’s time for the housing market to come to terms with this. pic.twitter.com/QlTT7uBDVR — QE Infinity (@StealthQE4) October 27, …
by confoundedinterest17 September US home sales printed at 4.06 million units. The US still hasn’t recovered from the Covid 19 outbreak of 2020 and the Fed’s response to Covid. On the commercial real estate side, CRE prices remain below Covid 19 outbreak levels.
This is why there is literally “no bid” in housing unless you are wealthy and paying cash. https://t.co/p538tx6F5H — QE Infinity (@StealthQE4) October 23, 2025 Sellers Are Getting Ghosted: 15% of Homebuying Contracts Were Canceled in September Housing costs are frightful and economic jitters are in the air, leading some buyers to leave sellers in …
Southern California home sales fell to their lowest level for an August on record as stubbornly elevated prices and mortgage rates – plus economic uncertainty – scared off house hunters. The six-county region had 14,476 sales in the month, according to Attom’s tracking of closed transactions involving houses and condos, both existing and newly constructed. …
A 76-year-old woman in Washington, DC just won a lawsuit that forbids her neighbor from smoking marijuana inside his own home. What sounds like a local nuisance case has quietly set a national precedent that could reshape every state where marijuana is legal under local law but still banned federally. For five years, Josefa Ippolito-Shepherd …
RENTAL AFFORDABILITY HITS FOUR-YEAR HIGH Rental costs now take 28.4% of median household income — the best level since 2021. Landlords are offering concessions on a record 37.3% of listings on Zillow, while single-family rents rose just 3.2% year over year, the lowest on record. https://twitter.com/spice1975503/status/1979159865001152793 Apartment rents are collapsing pic.twitter.com/M3NidrcgKQ — Darth Powell (@VladTheInflator) …
It is a dangerous time to be a politician. Top White House official selling Arlington home after activists write chalk messages on sidewalk White House deputy chief of staff Stephen Miller is selling his Arlington home after it was repeatedly targeted by activists. The nearly 6,000-square-foot house, custom built with interiors that “embrace a refined …
Key Takeaways America’s median home price-to-income ratio has risen from 3.5 in 1985 to 5.0 in 2025. In 2025, the median price for an American home is $416,900, up from $82,800 in 1985. 30-year fixed mortgage rates have reduced from 12.4% to 6.8% between 1985 and 2025. Buying a home in America isn’t for the faint-hearted, …
NATO’S CHIEF RUTTE: “WE ARE SO MUCH STRONGER THAN RUSSIA” “If a plane would pose a threat, we have the authorities to do, if necessary, the ultimate. But if the plane is not posing a threat, we are not going to shoot it down. And then we will gently guide it outside the airspace. This …
Authored by Mike Shedlock via mishtalk, Trump’s economic illiteracy and disrespect of moral hazards have no bounds. Putte Pimps Fannie and Freddie The dawn of The Great American Mortgage Corporation awaits. https://t.co/na3xe7SoPV — Geoff Crouch (@gcmarbella) August 19, 2025 Donald J. Trump Truth Social Post 07:19 PM EST 10/05/25 Before I became President, “OPEC” kept …
A trend is going viral on TikTok of people using AI to prank their loved ones that an intruder is in their home. Police are issuing a warning to users that the prank could result in criminal charges. NBC News’ Ellison Barber has more on the viral trend. More in video: https://www.msn.com/en-us/news/us/police-issue-warning-over-ai-home-invasion-prank/vi-AA1Obk0g
Israeli Prime Minister Benjamin Netanyahu says his country is ready to “immediately receive” 48 Israeli hostages — 20 of whom are believed to be alive. Hamas has pledged to release them by a Monday deadline in exchange for 250 Palestinian prisoners. https://www.nbcnews.com/world/middle-east/live-blog/israel-hamas-live-updates-families-hostages-await-release-trump-travel-rcna237100 Watch : tens of thousands of Palestinians return to their homes in northern …