Analysis Topic: Housing Market Price trendsThe analysis published under this topic are as follows.
Monday, October 13, 2014
Shah Gilani writes: Ben Bernanke began his tenure as Chairman of the Federal Reserve Board just as the housing bubble was peaking in February 2006.
He exited the post in February of this year after supposedly shepherding the country out of the Great Recession the mortgage crisis spawned.
He recently admitted the housing recovery is hitting a wall.Read full article... Read full article...
Thursday, October 09, 2014
Dr. Steve Sjuggerud writes: Warren Buffett is the second-richest man in America today, behind Bill Gates. (He was the richest man in the world in 2008.)
He made his fortune through the financial markets. Buffett, to me, is the greatest financial mind of our time – if not ever.
Right now, Mr. Buffett says to get a fixed mortgage... Specifically, he calls it a "no brainer" today...Read full article... Read full article...
Sunday, October 05, 2014
Monetizing the UK Housing Market Bubble with 20% Discount Election Bribes / Housing-Market / UK Housing
Many people continuously ask how can UK house prices continue rising from already a very high levels to what appear to be new bubble extremes, especially when average wages have been falling in real terms for the past 5 years and only likely to turn marginally positive this year. The answer to this remains the same in that all governments of whatever party will always seek to monetize the UK housing market in an attempt to keep inflating the housing bubble in perpetuity by literally printing money (QE and and debt that will never be repaid but inflated away).Read full article... Read full article...
Friday, October 03, 2014
Though greatly improved from the staggering declines of the past decade, the US housing market still tends to undervalue homes by an average estimated 3%. This is the broad view, but America is an enormous country with multiple submarkets. Comparing Metropolitan home sales to the sale of homes in less concentrated areas illuminates the fact that US Housing is not one market, but several.Read full article... Read full article...
Tuesday, September 23, 2014
In his book The Postcatastrophe Economy, iTulip’s Eric Janszen notes that financial bubbles don’t repeat. That is, yesterday’s bubble is never tomorrow’s because hot money likes to chase the next big thing, not the last big thing. Which explains how US equities, government bonds, fine art, and trophy properties like London penthouses can all be sizzling while US houses, the epicenter of the previous decade’s financial orgy, just sit there.Read full article... Read full article...
Monday, September 22, 2014
Dubai Residential is NOT a Property Bubble But the Party’s Over / Housing-Market / Global Housing MarketsThe sentiment of the experts at 2014 Cityscape Global is that Dubai residential property is “cooling”. That said, the words “bubble” and “bust” are studiously avoided, almost as if a communications guideline had been issued.
Depending on who you talk to...prices went up easily by 50% and perhaps by 70% over the past five years since the bottom in early 2009; everyone appears to agree that they are back to where they were in January 2008. What happened between then and now is a subject of collective amnesia as are many of the statements made at the 2008 Cityscape...for example the spectacularly miss-timed pronouncement by one expert... “Investors say 2009 will be the best year for real estate investment in MENA, ever”.
Read full article... Read full article...
Saturday, September 20, 2014
With the three fascinations of the week, the Fed’s FOMC statement, the separation vote in Scotland, and the Alibaba IPO, now history, will investors re-focus on the economy?
Given what the Fed actually said in its statement, and some recent economic reports, it might be a good idea.
Investors were anxious to judge how long the Fed will leave interest rates at low levels by whether or not it left the words “for a considerable time” in its FOMC statement.Read full article... Read full article...
Monday, September 15, 2014
Property Rights and Property Taxes—and Countries That Don’t Have Them / Housing-Market / Global Housing Markets
By Nick Giambruno, Senior Editor, InternationalMan.com
Do you really own something that you are forced to perpetually make payments on and which can be seized from you if you don’t pay?
I would say that you don’t.
You would possess such an item, but you wouldn’t own it—an important distinctionRead full article... Read full article...
Sunday, August 31, 2014
Dr Steve Sjuggerud writes:"Steve, you know the housing boom will end when the Fed raises interest rates, right?"
Oh really? What makes you so sure about that?
"Steve, you know that mortgage rates are going up, right? And you know that when mortgage rates rise, house prices will fall – or at least stop going up – right?"Read full article... Read full article...
Sunday, August 31, 2014
Scotland Independence House Prices Crash, Deflationary Debt Death Spiral / Housing-Market / UK Housing
The consequences for the people of Scotland voting YES would be tantamount to the Scottish people firstly committing economic suicide as a consequence of the immense uncertainty in virtually every aspect of economic activity that would expect to manifest it self in dis-investment / flight of capital out of Scotland, from funds held in the banks deemed to be Scottish, to sale of a whole host of business and private assets such as properties as for many Scottish households the safest place to be at such an uncertain time would be to move into rental premises, even to the extent of a panic swapping of Scottish paper Pound notes for English paper Pound notes, just in case of volatility in the relative value of the notes by the market (shops).Read full article... Read full article...
Saturday, August 30, 2014
Peter Schiff recently made another appearance on RT News, once more warning that the U.S. Housing market is a bubble primed to burst as speculator investors will be forced to sell into a market without any buyers.
"I think this is a bubble.
I think speculative buyers are leaving the market ands there is no one to fill the void because the real buyers are absent and if you look at the recent home statistics the percentage of homes bought by first time buyers is at a record low and in fact home ownership amongst individuals is at generational lows so prices have to come down dramatically from here before real buyers can actually afford to buy all the properties that have been bought by speculators, and at some point the speculators if they cannot collect enough rent to cover the cost of ownership they are going to be selling these properties, and look out below because when they put these properties up for sale, again there are no buyers anywhere near the current prices."Read full article... Read full article...
Friday, August 29, 2014
Slowing US house price inflation from a peak of 14% for data released in January this year to now 9% is prompting many housing market analysts to conclude that the US housing bull market may already be over, such as Professor Robert Shiller who recently expressed surprise at the strong rise in US house prices and stating that it is overvalued along with stocks and bonds.Read full article... Read full article...
Wednesday, August 27, 2014
China Housing Market Crisis $325K in Incentives to Buy, China's "eBay-Like" Portal / Housing-Market / China Housing MarketDevelopers in China are offering up to $325,000 in incentives to home buyers.
The catch? Incentives come in the form of a credit on Alibaba’s Taobao, an e-commerce platform similar to eBay. More modest discounts, some of them retroactive, are offered by other developers to combat sinking purchase volumes. Read full article... Read full article...
Monday, August 25, 2014
The U.K. has been perhaps the hottest housing market in the developed world this year, and London’s housing market is even hotter, as I reported in “London has Gone Bonkers” on June 23, 2014.
Now, the sh*t is starting to hit the fan.
Rightmove is like the Zillow of the U.K. and it surveys 90% of the residential housing market. Its most recent survey found that prices dropped 2.9% in August (2013) in the U.K. and are down 3.7% since it peaked this past May as the chart below shows.Read full article... Read full article...
Saturday, August 23, 2014
U.S. Housing Bull Market Over? House Prices Trend Forecast Current State / Housing-Market / US Housing
Despite U.S. house prices surging higher in July by 1.1% (May data) after near flat lining for several months, the mainstream pundits continue to issue warnings of its unsustainability for as is always the case there are ample snippets of data out there to take either a positive or negative point of view and since fear tends to sell more copy, so that is where approx 80% of the mainstream media's focus lies.Read full article... Read full article...