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A report from the Ahwatukee Foothills News in Arizona. "The Valley housing market is steadily becoming more favorable to buyers as it enters the final quarter of …Bloomberg, “Housing starts in the U.S. fell for the first time in four months in May as interest rates rose, suggesting no early end to the recession in residential real estate. Builders broke ground on new houses at an annual rate of 1.474 million, down 2.1 percent from the prior month, the Commerce Department said today.”.The credit bubble and especially the housing bubble part of it created the bubble in the money supply that caused the inflation, or increased prices, that we have seen in the past few years. But there is a time delay of at least a year with the housing boom ahead of the inflation, so I believe that we will see inflation falling now that housing ...The average home sales price in in Hutto fell 10.2% from last May, dropping from $436,295 to $394,963. Pflugerville had the sharpest decline, as home prices there dropped 15% year over year. In May 2022 the average home sold for $512,364 compared with $434,765 this May. Additionally, the market in Round Rock has become more favorable for buyers ...May 29, 2022 · May 27, 2022. Ben Jones. Uncategorized. It's Friday desk clearing time for this blogger. "Nearly one in five sellers dropped prices during the four week period ended May 22, Redfin Corp. said. 'The picture of a softening housing market is becoming more clear, especially to home…. Read More. The current housing boom will flatten in 2022—or possibly early 2023—when mortgage interest rates rise. There is no bubble to burst, though prices may retreat from panic-buying highs.The Housing Bubble Blog. Search Submit. Blog Home Uncategorized The Housing Market Continues To Soften. The Housing Market Continues To Soften. December 1, 2022; Ben Jones; ... The housing market is about to collapse and you're about to be hit the hardest! North Carolina Real Estate Premiered Nov 29, 2022The Housing Bubble Blog. Search Submit. ... As a result, investing savings in the hot real estate market and rising housing prices has become the hope for many Chinese to preserve and increase the value of their money. The second 2 minute video: Steps To Foreclosure Properties on The Market Concord, NCThe Australian and Canadian housing markets are experiencing double-digit house price declines, and economists are of the view that a global downturn in the housing market is just getting started. Hideaki Hirata of Hosei University and a former Bank of Japan economist, told Bloomberg on September 12:The Housing Bubble Blog. Search Submit. Blog Home Uncategorized Markets Are Suffering From A Glut Of Eager Sellers Despite Plummeting Sales. ... Austin remains among the most desirable and pricier areas of the metro to buy or rent, local data points to the housing market settling down after a recent burst of activity. After seeing record ...- Thanks Ben for posting the Twitter links! Sort of real-time snippets and updates on progress of the slow-motion train wreck of collapsing housing, stonks, bonds, autos, NFTs, SPACs, cryptos, etc. Pretty much all asset classes as in "The Everything Bubble," aka "The Central Bank Bubble." - The era of free money is over.The owners paid $2.3 million for the St George St home in Papatoetoe in December 2021 but yesterday resold it at auction for $1.305m. The Herald understands the grim sale is related to personal issues rather than pressure from the falling housing market. The Herald is unsure why the owners paid $2.3m for the house in 2021 when its council ...The Housing Bubble Blog. Search Submit. Blog Home Uncategorized We're Doing Sticker Shock In Reverse Now. We're Doing Sticker Shock In Reverse Now. ... the banksters could be as reckless and greedy as they wanted to be in the run-up to Housing Bubble Bust 1.0, because they knew the Fed and middle class taxpayers had their backs. Nothing has ...26-Sept-2019 ... Newspapers love to talk about housing bubbles - but what does the term mean? We answer five questions about housing bubbles in our blog.July 2022 Update: Vancouver House Sales Plummet -48% Premiered Jul 7, 2022 Detached house sales for Greater Vancouver dropped 48% year over year compared to June 2021. Furthermore, overall sales decreased 16% from May to June. Listings are piling up and the buyers have vanished to the sidelines.The Housing Bubble. Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole. April 20, 2008. Bits Bucket And Craigslist Finds For April 20, 2008. ... The Housing Bubble Blog; About Me. Name:Ben Jones Location:Northern Arizona, ...A local relitter penned an article that asked whether there is a bubble in San Diego, accompanied by a Case-Shiller graph that clearly shows the answer is yes. He spent the entire article dispelling the bubble thesis as "scare tactics" and trying to convince readers that now is a good time to buy.Uncategorized. A report from the Orange County Register. "California's latest homebuying debacle is a pumped-up storyline we've seen before — even if each housing bubble has its own shape and size. The median price of an existing, single-family home in California in February 2023 was $735,000, 18% off May 2022's $900,000 high.Oct 14, 2013 · Bubble Meter. Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion. Dec 7, 2022 · “About 270,000 homebuyers who bought during the red-hot housing market this year already owe more than their house is worth, a new analysis found. Among the 450,000 underwater borrowers in the third quarter, nearly 60% had mortgages originated in the first nine months of 2022, Black Knight found. A report from CBS Boston in Massachusetts. “Like the price of just about everything, the price to finance a home is going up. ‘It has a lot to do with inflation,’ said IND Mortgage founder Dick Lee.

December 23, 2021. Ben Jones. Uncategorized. A report from the Erie Times-News. "November bought some relief for buyers as median sale prices fell 2.9% to $330,000, the largest monthly decline since the beginning of the pandemic, according to the November National Housing Report from Re/Max."About one-third of the $748.7 million impairment charge in the fiscal third quarter came from the firm's largest acquisitions — those of Ecwid and NuORDER — which it made in 2021, the Montreal-based company said. Analysts had estimated Lightspeed would post a $73 million net loss for the quarter.Bubble Meter. Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.Sales Down 70% in 10 Months. Redfin for San Francisco Bay Area +Sacramento inventory, pending and price. Demand weak, price down. NEW YEAR, NEW MARKET! Top 3 Housing Numbers - Eastside, Seattle & Snohomish County - January 2023.

The housing boom is reflected in two tendencies. First, new residential investment at more than 6 per cent of GDP is at a 50-year high. And existing house sales, which peaked at just under 10 per cent of GDP in 1979, surpassed that level in 2002, and is now at over 13 per cent.Market Is Heating Up In Vaughan, Richmond Hill & Markham Real Estate - Mar 29. Watch on. Austin Colorado Springs Columbia Flint Housing bubble Huntsville Las Vegas Markham Nashville new construction Ogden Phoenix Port St Lucie Queensland Richmond Hill Vaughan Victoria. Plus one. Email.Goldman Sachs and Wells Fargo have both recently made forecasts for the US housing market in 2023, and their predictions suggest a decline in home prices. Goldman Sachs is forecasting a more significant drop, with a projected decline of 7.6% from the peak, while Wells Fargo predicts a more modest decrease of 5.5%. …

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. Also known as a real estate bubble, a ho. Possible cause: New York CNN —. Sheila Bair, who had a front row seat to the subprime mortgage meltdo.