A hub for independent voices and hard truths
by Clean_Army_4675 It is my belief that home prices can only really rise or fall. I do not think stability is possible because in the US housing is seen as an investment as opposed to a commodity. A large amount of the demand for homes that exists is people trying …
Warren Buffett is likely selling his real estate empire – the latest warning sign that the property market is in dire straits. The real estate market has been on the skids in recent years. Brokerage companies have attempted to consolidate as home sales remain very low. Compass, the largest real …
Pam Johnson’s family did everything by the book. They paid nearly $50,000 for a grazing permit that was supposed to last 99 years. They followed government orders, sold their cattle, and gave up their livelihood—all in the name of protecting the endangered desert tortoise. But now, bulldozers are tearing through …
Authored by Charles Hugh-Smith via oftwominds, Bottom line: with the loss of predictability, we’ve also lost any sense of future financial security. Home ownership has been the foundation of middle-class stability and security for so long that it defines middle-class status as much as income. From the end of World War …
The Texas and Florida housing boom is turning into a nightmare. Inventory has tripled in just three years, and now these states account for 30% of all listings nationwide. But here’s the real problem—rushed construction, cut corners, and devastating health risks. Homes built between 2021 and 2024 are already showing …
https://twitter.com/rev_cap/status/1892756066443640857 The housing market is in MUCH worse shape than 2008 pic.twitter.com/tsnp7DucXE — Darth Powell (@VladTheInflator) February 20, 2025 Look no further: pic.twitter.com/gJjpoaoj4W — Saw Chuck (@Saw_Chuck2023) February 21, 2025
by confoundedinterest17 I call this the house latitudes. Horse latitudes is a belt of calm air and sea occurring in both the northern and southern hemispheres between the trade winds and the westerlies. And when the ships motion stalled, the crews would jetison their cargo of horses to the delight of sharks! So, we are …
Are home prices crashing in Maryland, DC, and Virginia as a result of federal government layoffs? Maryland Real Estate Broker, Todd Sachs breaks it down with insider data.
Demand meet supply. https://t.co/9ISi7E3g6B pic.twitter.com/RbuyDgeXVA — Mr.Awsumb (@MrAwsumb) February 14, 2025 via WSJ: An uptick in December delistings is the latest sign of dysfunction in America’s housing market. Nearly 73,000 homes were pulled from sale after they failed to find a buyer in the final month of last year, data …
The Fed’s sustained purchase of mortgage-backed securities post-crisis isn’t just an oversight; it’s a massive market distortion. For years, they created artificial demand that kept mortgage rates unnaturally low, making homeownership seem more accessible while inflating home prices. The truth is, we’ve been living in a housing bubble held together …
Adm. Linda Lee Fagan was fired by the Trump administration on the president’s second day in office, according to a report Adm. Linda Lee Fagan, the former commandant of the U.S. Coast Guard, who was terminated from her role last month over concerns about issues including the border, recruitment and …
Wall Street investors are betting that home prices are overvalued. With the stock prices of big landlords like Invitation Homes and American Homes 4 Rent falling significantly in the last 4 months.
It’s more expensive than ever to rent. In fact, rents were unaffordable in 2024 for almost 25 million households in the United States, an all-time high, according to a report on America’s Rental Housing by the Joint Center for Housing Studies of Harvard University released this month. The most astonishing …
If you’ve been looking to buy a house these last couple years you’ve probably heard this phrase from your agent. “ buy the house not the rate” With mortgage rates creeping back up again the rate looks like it’s moving into the house with you like your elderly mother-in-law. Now …
by ElementBulldog I conducted an analysis of housing listings in the USA, focusing on properties for sale by both agents and owners, as well as rental listings. Goal is to take a snapshot of the listings in the USA, and track them over time to see how long it takes …
1/ Mortgage Meltdown Incoming? The share of 🇨🇦 mortgages in arrears (90+ days overdue) has jumped 50% since hitting historic lows. The latest rate of 0.21% might seem small, but here’s why it’s a ticking time bomb for the housing market. pic.twitter.com/ZPhxPWHTQF — Shazi (@ShaziGoalie) January 4, 2025 3/ For …
by confoundedinterest17 We are all riders on the Biden housing storm. Existing-home sales have finally started to improve on a seasonally adjusted basis after a three-year decline. Cause? Raging home prices combined with higher than normal mortgage rates. Home prices are up 35.4% under Biden while conforming 30Y mortgage rates are …
Tell me again about that “Soft Landing” – how the Economy is getting stronger…. US Capacity Utilization is declining – currently at 76.8%. So… why would businesses be hiring people with this capacity utilization? Tell me again about that "Soft Landing" – how the Economy is getting stronger…. US Capacity …
……..and almost no demand at these prices… pic.twitter.com/uzqEYs3ybc — Saw Chuck (@Saw_Chuck2023) December 18, 2024 Distressed sellers inbound. They keep droping the rates on these townhomes. 2.99% interest rates. I drive by it every day and I don't see cars. They also stopped building at the halfway point. Apartments all …
by confoundedinterest17 Government didn’t build this country. The private sector did. Housing Starts: Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,289,000. This is 1.8 percent below the revised October estimate of 1,312,000 and is 14.6 percent below the November 2023 rate of 1,510,000. Single-family housing …
The median renter in America has a net worth of $10,400. The median homeowner’s net worth is $400,000 Wall Street Pours Billions Into Build-To-Rent Communities, Betting Big Against Home Ownership Amid High Prices and Interest Rates While the pillars of the stock market are highly concentrated in just a few …
I should note, these candidates were from last election cycle. I just stumbled upon this and was shocked just how out of touch these candidates actually are. How can these people be so out of touch, that they’re wrong on the cost of housing by a whole ORDER OF MAGNITUDE. …
by confoundedinterest17 Apparently, the late Hawaiian crooner Don Ho foresaw Biden’s irresponsible spending spree. That is, BIG BUBBLES. Let’s start with the Buffett Indicator (Warren, not Jimmy!). It indicates that the stock market is STRONGLY OVERVALUED. The S&P 500 Mean Reversion Model also shows the stock market to be STRONGLY OVERVALUED. How about …
“The year is on track to have the slowest housing market in three decades, with a projected four million home sales, according to the National Association of Realtors — making 2024 the second straight year of historically anemic sales” Record low demand and sales, stubborn sellers holding out for higher …
Yup. So the housing markets just sits here and does nothing. No buyers no sellers because they can’t agree on an affordable price https://t.co/UFEektfCKe — QE Infinity (@StealthQE4) December 12, 2024 Annual income needed to buy a house over last 125 years. pic.twitter.com/RD57b008BQ — Nick Gerli (@nickgerli1) December 12, 2024
Everything feels so high. SPX with 120 month moving average. Dec 2024: SPX 6000, 120MMA 3400. Its funny how the same bullshit scams repeat, but just in VERY slight variation. Penny stocks – CryptoHousing shortage – Housing shortageDotcom – AI My dad started day trading in the late 1990s and …
“The projects” I’ll NVR forget the old starret city in Brooklyn. Literally a war zone Jimmy Carter had made some law, that when you build new residential communities builders had to include a section minimum 10 public housing units or something like that. Can’t recall but I’m close . (My …
Link:https://t.co/lHbaCra43b pic.twitter.com/2N52ECGZnI — QE Infinity (@StealthQE4) December 3, 2024 pic.twitter.com/7CgoDZFhhI — Darth Powell (@VladTheInflator) December 3, 2024
https://twitter.com/Dani3lAndrew/status/1862163986159981018 Someone is lying hard here. pic.twitter.com/Pj5z1EOcAB — Guilherme Tavares (@i3_invest) November 27, 2024 U.S Home Sales on track for worst year since 1995 🚨 pic.twitter.com/y374xS1HMw — Barchart (@Barchart) November 29, 2024
