A hub for independent voices and signals
2/ The Fed has been on an unprecedented hiking cycle since 2022 Taking rates from near 0% to 5.5% in just 1.5 years pic.twitter.com/3eVzwmSreS — Bravos Research (@bravosresearch) August 27, 2024 4/ High rates negatively impact the housing market Given …
https://twitter.com/MichaelAArouet/status/1828291677036896483 Let's all take note, even when the wtiting is on the wall (like back in 2007) Real estate agents and mortgage brokers/bankers are still trying to con you into going all in on housing. I'm arguing simply to watch …
Despite interest rates coming down, buyers are not returning to the housing market and inventory continues to build across the country. In some parts of the U.S. we are seeing inventory levels jump beyond pre-pandemic levels and nationwide inventory levels …
The everything bubble is about to burst. Worst housing crash in history expected, We’re in a more dangerous bubble and the U.S. economy is destroyed.
View post on imgur.com NEW – United States taxpayers pay $451 billion per year for housing and care of illegal migrants.pic.twitter.com/ebzPmY8KFV — Disclose.tv (@disclosetv) November 28, 2023 Republicans are once again lying about the border to bring us to the …
The U.S. is in a massive housing bubble. Prices are artificially high due primarily to the downstream effects of financialization. Localized supply and demand dynamics — which today are also downstream of financialization — are a mess. Decades of housing …
In the San Francisco metropolitan area, the median home price was nearly twice as much as a 20-year rent — $1.2 million compared to $609,000. The Bay Area is one of the most expensive regions in the United States to …
by confoundedinterest17 Harris has released her “vision” for the US economy, but it is what you would expect. $25k subsidy for first-time homebuyers which will make housing even MORE expensive. According the University of Michigan consumer survey, buying conditions for …
BREAKING: Lumber prices have declined to their lowest level since the 2020 pandemic, down 80% in 2 years. Lumber is a leading indicator for the US housing market, global economic conditions, and inflation. The rapid drop in lumber prices suggests …
Finally an economist that makes sense! https://t.co/qTtcQvJpCb — QE Infinity (@StealthQE4) August 14, 2024 1) What's very interesting about these inventory trends is that they run counter the common narrative about where people are moving. High level – you would …
by Odd_Personality_1514 We’re in the middle of trying to sell our home here in southern Miami – Kendall. Just one year ago you couldn’t find a home to buy. Whenever a home went up, it’d sell in days, after bidding …
via notayesmanseconomics We can start our look at China and its economy via this morning’s update on what is happening with inflation there. BEIJING, Aug. 9 (Xinhua) — China’s consumer prices gained mild growth in July as the domestic consumer …
by confoundedinterest17 The Fed’s theme song: Keep on printing! Look at this chart of the S&P 500 index against M2 Money stock. And this chart of Case-Shiller home prices against M2 Money. Bottom line? The Fed has to keep on printing …
🚩Cutting rates is not what saved housing during the last 3 recessions 🚩 It was cutting rates TO NEW LOWS for mortgages Mortgage rates at 5% aren’t going to be very stimulatory at all in a weakening economy The Fed …
by MouseManManny For almost a century now the key to having equity growth was housing. It’s how previous generations of Americans got their tickets to the middle class. They bought a house in the 50s-70s and it grew in value …
This MUST BE STOPPED New report shows Blackstone buying massive amounts of properties all over the United States and increasing rents 38% “A new report is shedding light — It found that one equity firm increased rent prices at nearly …
Housing inventory is quickly recovering+39.9% YoY; highest level since June 2020 pic.twitter.com/bsUmipgWBe — Piker Capital (@PikerCapital) August 5, 2024
(Bloomberg) — Chinese authorities have rejected a proposal made by the International Monetary Fund to use central government funds to complete unfinished housing, dealing a blow to hopes for more forceful support to an industry that’s been a major drag …
by Mike Shedlock Housing affordability continues to soar out of reach of most buyers. Not only are prices at a new record level, mortgage rates remain close to 7.0 percent. Image data from Case-Shiller and the BLS, chart by Mish …
The second graph shows the seasonal pattern for active single-family inventory since 2015. The red line is for 2024. The black line is for 2019. Inventory was up 39.4% compared to the same week in 2023 (last week it was …
A lot of people have been lied to in recent years being told that if they buy a house today, they don’t have to worry because in five years from now it will definitely be worth more. Well, tell that …
1) Meanwhile – builder inventory in Northeast/Midwest is lagging far behind the previous mid-2000s peak. Here's the comparison between regions in homes for sale v 2006. South: +1% higher than 2006 bubbleWest: -18% lowerMidwest: -62% lowerNortheast: -51% lower — Nick …
by Plastic-Awareness-61 I’ve been noticing a staggering amount of these huge mega apartments going up with 500+ units all around me. For the first time since the 70s, multi unit apartments have been outpacing single houses. But this doesn’t display …
Is there a housing crash brewing for the rest of 2024 and into 2025. Aren’t the home prices currently the highest that they’ve ever been in the recorded history isn’t the home affordability Factor the lowest it’s been in the …
1) This Florida housing downturn keeps getting more intense by the day. With a combination of investors, builders, and inflation-burdened homeowners off-loading houses at a historically fast clip. This increase in listings is now corresponding with a slowdown in demand, …
We did not build enough housing in the last 2 decades for this use case We just didn’t. We couldn’t have foreseen it — Amy Nixon (@texasrunnerDFW) July 19, 2024 Yeah, I’ve always said in my interviews, I don’t think …
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 …
The Texas and Florida housing markets are beginning to crash. With inventory levels spiking and Zillow value estimates declining in these markets. 65% of consumers say this is a bad time to buy a home pic.twitter.com/iBxCnJg9ek — Piker Capital (@PikerCapital) …
The Chinese housing market has been experiencing significant challenges, with this decline being a notable indicator of the ongoing issues. BREAKING: Chinese Housing Market Chinese Existing Home Prices declined by 7.9% year-over-year last month, the largest decline in history! pic.twitter.com/IHHSIFNHmF …