Independent thinking for complex markets and current events
Demand for second-home mortgages fell twice as fast as mortgage demand for primary homes, as housing costs rose to new heights. An early look at this year’s data shows that demand for vacation homes hasn’t picked up in 2024; interest in second-home mortgages has been sitting near an 8-year low all year. Many of the …
Property taxes go up due to home value increase. Home insurance goes up to replace said overvalued home + cost of materials due to inflation Double whammy. I’ve had several friends who are starting to get priced out of their own home. Sorry if I’m late to the game on this information but this seems …
Interest in selling a rental is rising. https://t.co/WeBG15EzoS pic.twitter.com/IyPj4PYDXc — Darth Powell (@VladTheInflator) April 26, 2024 Congrats housing market, March was the best you'll see for the rest of the year pic.twitter.com/pfpPm5YZJM — Darth Powell (@VladTheInflator) April 26, 2024
by confoundedinterest17 Fed Chairs Ben Bernanke and Janet Yellen started the home price fire that Powell is trying to extinguish but can’t. Throw in a 10% burst in illegal immigration and Biden/Mayorkas just added fuel to an already out-of-control fire. Housing is becoming an exclusively upper-class privilege in a growing number of cities. According to a new …
by confoundedinterest17 Somehow, today’s Existing Home Sales number don’t soothe me. After the collapse in housing starts and permits in March, it is no surprise that existing home sales disappointed in the same month, dropping 4.3% MoM (-4.1% exp) after surging 9.5% in February. That is the biggest drop since Nov 2022. Sales were down almost 10% from a …
View post on imgur.com The city of Baltimore is selling vacant homes for a dollar apiece to revive struggling neighborhoods. Currently, more than 13,000 homes in the city sit vacant, often abandoned due to high rates of violent crime. The city now owns close to 1,000 of them, in what’s amounted to an unsuccessful bid …
Americans are poor people with a manipulated home price. They don't have/save shit pic.twitter.com/j8b8IDajcU — Darth Powell (@VladTheInflator) April 7, 2024 Guys this time is totally different! Also this time: pic.twitter.com/65cBdcJZDn — Darth Powell (@VladTheInflator) April 7, 2024 How many people have held onto their house because they were told rates would come down before …
“Nonprofit in Democrat Detroit: Director For Home Ownership Programs For Detroit Arrested For Stealing 30 Homes “Prosecutors say instead of keeping people in their homes, Zena Thomas worked to steal them right out from under the owners.” “This scheme targeted some of our most financially vulnerable citizens and was perpetrated by an individual whose job …
As affordability falls to record lows, people are looking for alternatives. Even renting the average home now costs over $24,000/year. The housing market is truly in an unprecedented time right now. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) April 4, 2024
One of these projects is described as a “mobile robot” that would “follow users around their homes,” while another is said to be an “advanced table-top home device that uses robotics to move a display around”: Engineers at Apple have been exploring a mobile robot that can follow users around their homes, said the …
Patrick Sawer Sat, 30 March 2024 at 6:00 pm CET·5-min read Royal author and historian Coryne Hall is being evicted with her husband Colin from their four-bedroom home in Bordon Royal author and historian Coryne Hall is being evicted with her husband Colin from their four-bedroom home in Bordon – DAVID ROSE Dozens of families …
Quite a few problems can be linked to a lack of fatherly presence pic.twitter.com/caj802Lgw0 — The Rabbit Hole (@TheRabbitHole) March 29, 2024 The United States has the HIGHEST RATE of children in single-parent households of any nation in the world. There are over 18 million fatherless children in the US. Fathers are absent from approximately …
via Mike Shedlock: To entice buyers, home builders are building cheaper and cheaper houses. What are you getting for your money? New Home Sales Prices from the Commerce Department, chart by Mish. New Home Sales Key Points The average sales price peaked at $568,700 in December of 2022. The median sales price peaked at $498,800 …
Unemployment and supply of homes are correlating higher now as well pic.twitter.com/cfgrH7wAsT — The Coastal Journal (@1CoastalJournal) March 26, 2024 The real estate rollercoaster is hitting some unexpected twists and turns, with February delivering a double whammy of unsettling news. Brace yourselves: layoffs have skyrocketed a jaw-dropping 410% compared to last year, hitting levels not …
I strongly support free markets. But this corporate large-scale buying of residential homes seems to be distorting the market and making it harder for the average Texan to purchase a home. This must be added to the legislative agenda to protect Texas families. https://t.co/VBs6Rluh3K — Greg Abbott (@GregAbbott_TX) March 15, 2024 Recent revelations have shattered …
A recent study by Georgia State University researchers found that three corporations own more than 19,000 homes in Atlanta’s five metro counties.
With home prices skyrocketing these homes could be for you!
Banks are beginning to foreclosure on homeowners who can’t pay their mortgage. With ATTOM Data Solutions reporting a meaningful uptick in foreclosure activity to start 2024. Particularly in this neighborhood in New York where defaulted homeowners are being kicked out of their homes by the banks.
by Chris Black This is a democracy. You just have to take it. They can do whatever they want to you. You can protest and they will just laugh. If you do more than protest, cops will kill you. The Senate voted 70-29 for a war bill that sends $100 billion for wars against Russia, …
BREAKING: Michigan State is now asking residents to house illegals in their homes. How long until this becomes mandatory? Where do the illegals go when there’s no more room in public housing facilities yet thousands more people are still coming daily? BREAKING: Michigan State is now asking residents to house illegals in their homes. How …
via naturalnews: Citing a draft document from Germany’s Defense Ministry, local tabloid newspaper Bild reported that Germans are expected to build their own bomb shelters as the country’s national draft emergency defense plan has already assigned the construction roles to civilians. With only 579 functional bomb shelters in Germany, the government is counting on its …
by catbulliesdog PHOTO ILLUSTRATION: THE BUREAU INVESTIGATES TORONTO METHOD MORTGAGE LEAKS Here is the Link from The Bureau all credit to Sam Cooper. The publisher is a small Canadian anti-corruption web-zine, but they do appear to have the goods with a whistleblower who already tried to report this internally, and they have a lot of internal banking documents …
Chery Industrial Expandable Prefab House 19ft x 20ft,Exquisitely Designed Modern Villa Prefab House for Live,Work: With homeownership being far out of reach for most millennials and Gen Zs due to inflated asking prices, astronomical interest rates and crushing student loan debts, twenty- and thirty-somethings are getting creative about buying abodes. So, rather than scrimping and …
Well, well, well, here’s a surprising twist in the realm of homeownership! According to the latest scoop from LendingTree, it turns out that single women in the U.S. are holding down the fort when it comes to home ownership. Yes, you heard that right – more single women own homes than their male counterparts. Forget …
As aftershocks continued to rock western China on Wednesday, more than 12,000 people were staying in tents and other shelters, lighting bonfires to fend off the freezing weather Thousands of people are forced out of their homes after 7.1 quake in western ChinaBy KEN MORITSUGU and NG HAN GUANAssociated PressThe Associated PressUCHTURPAN, China UCHTURPAN, China …
MORE OF THIS 🇺🇸 American Coal Worker “Hope all of you that are sitting at home nice and warm today realize that it's the coal industry that's keeping your houses warm as much as you wanna deny it. Not your batteries, not your solar panels. It's coal. Keeping this power plant… pic.twitter.com/6MXPhi0ITN — Wall Street …
🚨Melrose, Massachusetts is holding an event called “Exploring the Host Home Experience” to encourage residents to house illegals in their homes. A few months ago, the Governor asked citizens to take illegals into their homes. MA is the only state in the nation with a… pic.twitter.com/LTbErNnvDO — Libs of TikTok (@libsoftiktok) January 12, 2024 Melrose, …
NYC’s officials just approved a bill to ban background checks for apartment rentals. Is this a good idea?
