Seattle’s Rental Bubble at Inflection Point by Wolf Richter • Sep 21, 2018 • 14 Comments Construction boom, flood of new high-end apartments, not enough demand, rising vacancy rates, and the biggest concessions since the Great Recession.
HELOCs in the US & Canada: As “Scarred” Americans Learned Bitter Lesson, Canadians Went Nuts by Wolf Richter • Sep 20, 2018 • 87 Comments Home-equity-loan balances in Canada per capita are now 3.3 times what they were in the US during HELOC peak before it all collapsed.
Mortgage Rates Head to 6%, 10-Year Yield to 4%, Yield Curve Fails to “Invert,” and Fed Keeps Hiking by Wolf Richter • Sep 19, 2018 • 76 Comments Nightmare scenario for the markets? They just shrugged. But homebuyers haven’t done the math yet.
How Millennials Are Shifting the Housing Market by Wolf Richter • Sep 17, 2018 • 102 Comments They’re settling in urban centers. In many ZIP codes, they’re already the majority. And they spend their money on rent.
What Can Cause the Next Mortgage Crisis in the US? by Wolf Richter • Sep 16, 2018 • 96 Comments The soothingly low mortgage delinquency rate is a deceptive indicator: the New York Fed weighs in.
What Will These Mortgage Rates Do to Homeowners Trying to Refinance, Homebuyers, and Mortgage Lenders? by Wolf Richter • Sep 12, 2018 • 50 Comments Refinancing activity plunges to the lowest level since 2000.
Anatomy of a Housing-Bubble Inflection Point in the Bay Area’s Sonoma County by Wolf Richter • Sep 11, 2018 • 70 Comments In 9 charts. Red indicates the moves since the inflection point in June.
Update on Rental Bubbles & Crashes in US Cities by Wolf Richter • Aug 31, 2018 Rents plunge in Chicago & Honolulu, spiral down in New York, Washington DC, & others, but surge in many markets.
Supply of Homes Surges 20% to 90% in Many Markets Just as Pending Home Sales Drop by Wolf Richter • Aug 29, 2018 This is not good.
The Most Splendid Housing Bubbles in America by Wolf Richter • Aug 28, 2018 New York condo prices fell again. Historic spikes slow in Seattle and other metros.
