Source: Articles: All the News That Fits
Archive for the ‘Housing market’ Category
The three bubbles
13
Oct
“The chaos that will arise as trillions of dollars, yen, yuan and euros, etc. try to crowd through the fire exits as the asset bubbles pop will be monumental, and the spikes in small asset class prices as the hot money floods in will be equally monumental.”
Source: Where Will The Money Go When All Three Market Bubbles Pop?
Deja vu, again
23
Sep
“Stop me if you’ve heard this one before, but Fannie Mae and Freddie Mac are lowering mortgage standards.”
Source: Deja vu: Fannie and Freddie Lower Lending Standards | Mises Wire
Preview of things to come?
29
Aug
“I’ve never seen anything like this before” says longtime Aspen broker Bob Ritchie. “Aspen has never experienced such a sudden and precipitous drop in real estate sales.” Meanwhile, sales in the Hamptons and Miami’s luxury condo markets, are in freefall, as the bid for luxury real estate across the US has slammed shut.”
DC housing boom…
08
Jul
…when the bust comes it will mean the end of the welfare-warfare state. Don’t hold your breath.
Source: Chart Of The Day: Washington DC Home Prices Hit $500K, Up 45% Since 2010
Housing bubble?
23
Jun
We are at February 2007 levels, which was the peak of the housing bubble.
Improving supply increased choice for buyers, suggesting the economy remains on solid footing.
Source: US existing home sales hit 9-year high