Downturn in Local Housing Markets Hit National Averages by Wolf Richter • Dec 19, 2018 • 51 Comments Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West.
THE WOLF STREET REPORT by Wolf Richter • Dec 16, 2018 • 64 Comments Peak “Everything Bubble?” The data is piling up.
It’s Happening: San Francisco House & Condo Prices Fall by Wolf Richter • Dec 5, 2018 • 92 Comments House prices down $265,000 from peak, down $60,000 from year ago. America’s most majestic housing bubble begins to deflate.
Why California’s Housing Market is in for Serious Trouble by Wolf Richter • Dec 4, 2018 • 113 Comments Homebuilder Toll Brothers just said it out loud.
Bubble Trouble: Silicon Valley & San Francisco Housing Markets Head South by Wolf Richter • Dec 3, 2018 • 92 Comments The underlying dynamics changed in August and have worsened since. And this is still the tech boom.
New-Home Prices Drop Nearly 7%, Supply Spikes to Highest since Housing Bust 1 by Wolf Richter • Nov 28, 2018 • 44 Comments Homebuilders not amused.
The Most Splendid Housing Bubbles in America Deflate by Wolf Richter • Nov 27, 2018 • 68 Comments Seattle home prices drop at fastest pace since Housing Bust 1. Feeble declines in San Francisco, Denver, Portland, etc. Flat prices in others. Condo prices in NY City suddenly jump.
Bubble Trouble: Seattle-Bellevue Metro Housing Market Goes South by Wolf Richter • Nov 17, 2018 • 114 Comments The inflection point was July. Conditions have deteriorated since.
Housing Downturn Arrives in Silicon Valley & San Francisco by Wolf Richter • Nov 16, 2018 • 79 Comments The inflection point: sellers got the memo and cut prices.
Mortgage Rates May Hit 6% Sooner, as Fed Sheds Mortgage-Backed Securities, But What Will that Do to Housing Bubble 2? by Wolf Richter • Nov 14, 2018 • 116 Comments Mortgage rates are climbing faster than the 10-year Treasury yield.
