Category: US Housing
The analysis published under this category are as follows.
Tuesday, December 08, 2015
The U.S. Housing Market Needs to Watch Out For China! / Housing-Market / US Housing
By: Harry_Dent
The New York Times ran an article on Sunday talking about how the Chinese invasion of U.S. real estate is only expanding.They aren’t just buying condos in Manhattan or McMansions in Silicon Valley – they’re buying properties in new developments in places like Plano, TX, just north of Dallas.
In the market for homes over $1 million, the Chinese make up one out of every 14 buyers – which is huge. In the top tier markets in San Francisco, Orange County or Manhattan, they can be 50% or more!
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Saturday, October 10, 2015
A Bifurcated U.S. Housing Market, How Much Longer Can Unaffordable Housing Prices Last? / Housing-Market / US Housing
By: Adam_Taggart
Charles Hugh Smith writes: Markets discover price via supply and demand: Big demand + limited supply = rising prices. Abundant supply + sagging demand = declining prices.
Eventually, prices rise to a level that is unaffordable to the majority of potential buyers, with demand coming only from the wealthy. That’s the story of housing in New York City, the San Francisco Bay Area and other desirable locales that are currently magnets for global capital.
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Friday, September 25, 2015
U.S. Housing Market Two Outs in The Bottom of The Ninth / Housing-Market / US Housing
By: James_Quinn
The housing market peaked in 2005 and proceeded to crash over the next five years, with existing home sales falling 50%, new home sales falling 75%, and national home prices falling 30%. A funny thing happened after the peak. Wall Street banks accelerated the issuance of subprime mortgages to hyper-speed. The executives of these banks knew housing had peaked, but insatiable greed consumed them as they purposely doled out billions in no-doc liar loans as a necessary ingredient in their CDOs of mass destruction.
Friday, September 18, 2015
U.S. Housing Market May be About to Implode -- Again / Housing-Market / US Housing
By: EWI
Before I get into the "why," know that the residential real estate market never fully recovered.
Annualized new home sales this past July stood at 507,000, vs. the July 2005 peak of 1.39 million. The chart and commentary from the August Elliott Wave Theorist offer:
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Sunday, September 06, 2015
How to Buy Houses for 25% Below Market Value / Housing-Market / US Housing
By: DailyWealth
Dr. Steve Sjuggerud writes: "What's your top idea right now, Steve? What are you doing with your own money?"
The answer is simple: U.S. real estate.
Right now, I have a greater percentage of my net worth invested in the U.S. residential property market than in any other asset class – by far.
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Saturday, August 08, 2015
Despite Low Interest Rates, U.S. Housing Market Rebound is Weak / Housing-Market / US Housing
By: EWI
Elliott Wave International's Chief Market Analyst talks about the outlook for the U.S. housing market
A June 28 headline on CNBC reads, "Homeownership rate drops to 63.4%, lowest since 1967." The report goes on to say "The number of occupied housing units grew, but all on the renter side."
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Wednesday, July 29, 2015
U.S. Home Sales Market Is Dead – This Chart Proves It / Housing-Market / US Housing
By: ...
MoneyMorning.com
Lee Adler writes: The seasonally adjusted (SA) headline number for the monthly-error-times-12-annualized version of new home sales in June was 482,000.
Wall Street analysts had guessed that the number would be 550,000. The Wall Street Journal went into apoplectic excuse-making mode, almost foaming at the mouth to try to find pundits to explain away the bad number.
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Wednesday, July 29, 2015
The Gold - U.S. House Prices Ratio As A Valuation Indicator / Housing-Market / US Housing
By: Dan_Amerman
The Gold/Housing ratio is a quite useful measure for evaluating relative values between real estate and gold, and also has an interesting historical track record for identifying turning points in long-term gold price trends. In light of the commodities rout occurring in the summer of 2015, and the continuing strength in housing – it is worthwhile revisiting this basic measure, because the results aren't at all what most people likely think they are.
Thursday, July 23, 2015
5 ways in which Real Estate has changed in the US in the last decade / Housing-Market / US Housing
By: Submissions
Peter Scully writes: Following a ten year review of the real estate market in the United States, it is clear to see that things have changed a lot. Ten years is a long time but in that period there is a huge difference, and it may be surprising to hear that it is not all related to finance.
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Thursday, July 02, 2015
Inflation Is Lurking, but This Asset Can Protect You / Housing-Market / US Housing
By: ...
MoneyMorning.com Peter Krauth writes:While the investing world is focused on Greece, events unfolding right now in Africa offer another important cautionary tale.
Thanks to reckless political and economic mismanagement, Zimbabwe holds clues to the future of other nations – like ours.
Granted, this failed state's policies have been more egregious than those perpetrated by the U.S. government against its people. Nonetheless, some of the outcomes could be similar. And I'm going to tell you one way to protect yourself.
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Wednesday, June 24, 2015
U.S. Housing Market Recovery? Nah, It’s Just Spiking Mortgage Rates / Housing-Market / US Housing
By: John_Rubino
This morning saw two very strong housing reports:
Tuesday, June 09, 2015
It’s All a Lie: The Truth about U.S. Housing Market Recovery / Housing-Market / US Housing
By: Harry_Dent
Most commentary on the housing markets — from the industry, from analysts, from the media — all give the impression that the housing crisis is well behind us. One economist in U.S. News & World Report highlighted the slight uptake in new single-family homes this year as fodder for economic growth. So is a $4.95 purchase at Ben & Jerry’s! Like we discussed last week, the increase in new home sales isn't worth a hoot!
Monday, June 08, 2015
US Housing Market Bull, Bear or Crash Ahead? / Housing-Market / US Housing
By: Nadeem_Walayat
U.S. House prices as according to many analysts are apparently continuing to defy gravity, which is now for the third year as the latest data for March 2015 has US house prices rising by 0.8% on the month on the Case Shiller 10 city composite index. Which nevertheless did give some hope to the doom merchants as momentum has plunged or crashed as many like to prefer from a 14% inflation rate of a year go to a sub 5% inflation rate. Find out what this means for US house prices into 2016.
Monday, June 08, 2015
New U.S. Housing Market Crisis in the Making? What's the Solution? / Housing-Market / US Housing
By: Mike_Shedlock
Home ownership rates are sinking and demographics are part of the reason. But does that constitute a new housing crisis?
Friday, June 05, 2015
U.S. Houses Prices Bull, Bear or Crash Ahead Into 2016? / Housing-Market / US Housing
By: Nadeem_Walayat
The most recent release for US House prices data for March 2015 (Case Shiller 10 City Composite) which despite rising by 0.8% on the month nevertheless continues to maintain a trend for the erosion of annual pace for house price inflation that remains below 5%, far lower than that of a year ago when US house prices were galloping ahead at near 14% per annum as illustrated by the momentum graph.
Thursday, June 04, 2015
The Fed's Failure: U.S. New Home Sales Back to 1960s Levels / Housing-Market / US Housing
By: Harry_Dent
By Rodney Johnson : A problem with most humans is that we’re really bad at letting go of what happened yesterday. So too with nations. When estimating potential threats, it’s easy for leaders to adapt to whatever happened in the latest conflict, developing their military accordingly.Think of the U.S. after World War II. We built up land forces across Europe to guard against an invasion by the U.S.S.R. Later on in Vietnam we dove into jungle warfare, where tanks and mass forces were less useful. We were set up to fight the last war, not the next one.
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Thursday, May 28, 2015
US Housing Market - Something Smells Fishy / Housing-Market / US Housing
By: James_Quinn
It’s always interesting to see a long term chart that reflects your real life experiences. I bought my first home in 1990. It was a small townhouse and I paid $100k, put 10% down, and obtained a 9.875% mortgage. I was thrilled to get under 10%. Those were different times, when you bought a home as a place to live. We had our first kid in 1993 and started looking for a single family home. We stopped because our townhouse had declined in value to $85k, so I couldn’t afford to sell. In 1995 I convinced my employer to rent my townhouse, as they were already renting multiple townhouses for all the foreigners doing short term assignments in the U.S. We bought a single family home in 1995 with the sole purpose of having a decent place to raise a family that was within 20 minutes of my job.
Sunday, May 24, 2015
Why Do We Celebrate Rising U.S. House Prices? / Housing-Market / US Housing
By: MISES
Ryan McMaken writes: In recent years, home price indices have seemed to proliferate. Case-Shiller, of course, has been around for a long time, but over the past decade, additional measures have been marketed aggressively by Trulia, CoreLogic, and Zillow, just to name a few.
Measuring home prices has taken on an urgency beyond the real estate industry because for many, home price growth has become something of an indicator of the economy as a whole. If home prices are going up, it is assumed, “the economy” must be doing well. Indeed, we are encouraged to relax when home prices are increasing or holding steady, and we’re supposed to become concerned if home prices are going down.
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Wednesday, May 20, 2015
U.S. Housing Market Strong Numbers in Perspective / Housing-Market / US Housing
By: Mike_Shedlock
Following today's better than expected housing numbers (See Housing Starts and Permits Surge Most in Seven Years) Doug Short at Advisor Perspectives pinged me with these comments.
Read full article... Read full article...Mish - I started tracking these for the first time today - complete historical data. These are two of the noisiest series of all time.
Wednesday, May 06, 2015
U.S. Government Using Subprime Mortgages To Pump Housing Market Recovery / Housing-Market / US Housing
By: James_Quinn
Taxpayers Will Pay Again - It seems hard to believe, but your government is purposely recreating the mortgage debacle of 2007 and putting you on the hook for the billions in losses coming down the road. In their frantic effort to generate the appearance of economic recovery they are willing to gamble with taxpayer’s money while luring unsuspecting blue collar folks into buying houses they can’t afford. During the previous housing bubble, greedy Wall Street bankers, deceitful mortgage brokers, and corrupt rating agencies colluded to commit the greatest control fraud in the history of mankind. This time it is your government, aided and abetted by the Federal Reserve, that is actively promoting the lending of money to people incapable of paying it back. And again, you the taxpayer will be on the hook when it predictably blows up.