Home Sellers Are Coming Out of the Woodwork: New Listings, Unsold Inventories & Supply Rise by Wolf Richter • Jul 22, 2021 • 161 Comments Sales edge up, after sagging for months, amid Crazy Spiking Prices.
While the Fed Fiddles, the Dollar Burns: Dollar’s Purchasing Power Plunged at Fastest Pace since 1982 by Wolf Richter • Jul 13, 2021 • 330 Comments Defying economists’ expectations for sixth month in a row, inflation heats up instead of easing off. And it’s a lot worse than it seems.
Housing Market Splits: San Francisco House Prices do Holy-Moly Spike, Condo Prices Flat for 3 Years by Wolf Richter • Jul 10, 2021 • 169 Comments Amid record surge in luxury house sales.
Americans See the Raging Mania: “Bad Time to Buy a Home” & “Good Time to Sell a Home” Sentiments Spike to WTF Record by Wolf Richter • Jul 8, 2021 • 175 Comments If these sentiments become reality, it’s going to be a sea change for demand and supply at these crazy prices.
Buyers’ Strike? Mortgage Applications Drop 8% Below 2019, as Home Buyers Get Second Thoughts about “Raging Mania” by Wolf Richter • Jul 7, 2021 • 129 Comments First effect of MBS taper-talk from the Fed: Mortgage rates flat since late April even as long-term Treasury yields dropped.
The Most Splendid Housing Bubbles in America: Holy Moly. June Update by Wolf Richter • Jun 29, 2021 • 488 Comments What we’re looking at: Raging House-Price Inflation.
Is this the Reversal of Exodus-Triggered Plunges & Spikes of Rents? Mmmm-maybe by Wolf Richter • Jun 24, 2021 • 113 Comments Price discovery in uncertain times.
Central Banks Did it, Won’t Admit it. Top OECD Housing Bubbles: #1 New Zealand, #2 Canada, #7 USA by Wolf Richter • Jun 24, 2021 • 165 Comments According to “Bubble Ranking” by Bloomberg Economics.
Buyers’ Strike? Sales of “New Houses” Also Slump amid Surging Supply & Spiking Prices by Wolf Richter • Jun 23, 2021 • 145 Comments Sales of “existing homes” performed the same trick. The phenomenon is getting established.
No, Blackstone Didn’t “Buy 17,000 Houses” out from under Desperate Homebuyers. And BlackRock Didn’t “Buy a Whole Neighborhood.” But Built-to-Rent is a Huge Change by Wolf Richter • Jun 22, 2021 • 147 Comments Internet BS made from twisted headlines is fun to spread. But reality is a lot more interesting.
