Forget the hype about a shortage of supply.
How the next housing bust might unfold – the best-case scenario.
It has finally happened – a line in the sand has been breached.
“101 new listings, 101 price reductions.”
It’s not fun anymore.
Because that’s where the money is, on paper. But it’s not where the market is.
By city, down to the neighborhood.
5% is here, 6% beckons as the next target.
Seattle’s historic spike falters. New York condo prices back where they were last September. House-price bubbles in other metros get even more splendid.
Construction boom, flood of new high-end apartments, not enough demand, rising vacancy rates, and the biggest concessions since the Great Recession.