Case-Shiller released their latest numbers on April 26. In absolute terms, prices are 57% above the bubble peak in 2006. Of course, the Fed has printed so many dollars that today’s dollars are not worth nearly as much as 2006 Read more…
Category: Predictions
Probably not. 8/9 is the Fed’s record on triggering a recession while trying to fix inflation Nine times since 1961, the Fed has ratcheted up interest rate increases to try to control inflation. In eight out of those nine times Read more…
Jeremy Grantham, co-founder of GMO mutual funds book, makes the case that we are in a stock market and housing superbubble. He talks about the stock and other markets as being multiple standard deviations from trendlines. He refers to a Read more…
On October 26, 2021, S&P Dow Jones Indices released results for the Case-Shiller Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index covering the entire USA reported a 19.8% annual gain (appreciation) in August compared to August 2020. Read more…
https://www.noradarealestate.com/blog/housing-market-predictions/
According to research by Oxford Economics, the whole world is in a property bubble and Canada is the second riskiest, after the Netherlands. They used a price versus rent ratio versus historical ratios and found that Canadian prices are about Read more…
According to an article by Fortune Magazine, new data from Realtor.com shows that price growth in the housing market, is starting to slow, and has hit its lowest level in seven weeks. Year-over-year increases in home prices were actually down Read more…
Senate Bill 5096 proposed a 9% capital gains tax for the sale or exchange of long term capital assets, beginning January 1, 2022. Governor Inslee has signed the bill. The bill would apply to individuals as well as to owners Read more…
Ingo Winzer, one of the best real estate market researchers, is predicting that the pandemic will probably last beyond 2021 and that the economy won’t recover for a couple of years. He believes that there will be a large number Read more…
UPDATED APRIL 16, 2021. Governor Inslee has extended the prohibition on evictions until the end of June, 2021. That means that for more than a year, the state has put the burden on landlords to take care of tenants whose Read more…
We are in unprecedented times due to the Coronavirus. People are leaving large, crowded, urban areas for lower density areas like in Wyoming, South Dakota, Idaho, etc. Companies are currently letting people work remotely due to the virus. Fear of Read more…
Zillow says home values in Spokane have increased by 11.4% over the past year. Apartment rents are up 4.3% from last year. Some investors mistakenly assume that past performance is an indication of what to expect in the future. While Read more…
The American Enterprise Institute has released a list of metro areas most at risk from FHA loan delinquencies, based on August 2020 data. They are: Atlanta Houston Chicago Washington DC Dallas Riverside Baltimore San Antonio Orlando Tampa In Atlanta-Sandy Springs-Alpharetta, Read more…
According to this article by CNBC, about 7% of all active mortgages are in some sort of forbearance program. The number of seriously delinquent mortgages, at least 90 days past due, more than doubled from May to June, according to Read more…
https://www.recenter.tamu.edu/news/newstalk-texas/?Item=24811&utm_source=RECON&utm_campaign=05fe67467d-EMAIL_CAMPAIGN_2020_08_27_04_24&utm_medium=email&utm_term=0_b815716265-05fe67467d-66993429 According to the above report by the Real Estate Center at Texas A&M University, national housing inventory declined 32.6 percent year over year, and the inventory of newly listed properties declined 13.4 percent Baby boomers are not moving. Perhaps potential Read more…