Near-Record Low Mortgage Rates No Relief for Dropping New House Prices by Wolf Richter • Aug 23, 2019 • 143 Comments Last time was during the Financial Crisis. Now it’s happening in a kinder and gentler way, but there is no crisis.
Housing Bubble 2 in San Francisco Bay Area & Silicon Valley Pops Despite Startup Millionaires & Low Mortgage Rates by Wolf Richter • Aug 15, 2019 • 123 Comments House prices dropped again – and ironically the most in San Francisco and Silicon Valley.
Fuel for the Next Mortgage Bust? by Wolf Richter • Aug 14, 2019 • 66 Comments Cash-out refi hype is back full-blast. And for the first time since early 2006, people are doing it in large numbers.
THE WOLF STREET REPORT: Fuel for the Next Mortgage Bust? by Wolf Richter • Aug 11, 2019 • 130 Comments Here we go again: Cash-out refi hype is back full-blast, and for the first time since early 2006, people are doing it in large numbers
Hottest, Most Expensive Rental Markets Unwind by Wolf Richter • Aug 2, 2019 • 78 Comments But apartment rents in 10 other cities surge 10% to 15%. Here are the top 100 and how their rents have changed.
From Less-Splendid Housing Bubbles to Crushed Markets in America, July Update by Wolf Richter • Aug 1, 2019 • 107 Comments Chicago struggles, Dallas-Fort Worth, Atlanta, Minneapolis, Charlotte reach new highs. Drum-roll for Detroit and Cleveland!
The Most Splendid Housing Bubbles in America, July Update: Year-Over-Year Declines Spread to Seattle by Wolf Richter • Jul 30, 2019 • 89 Comments Seattle House prices fall year-over-year, as do New York & San Francisco Bay Area condo prices. Los Angeles, San Diego tick up. Denver, Boston hit highs. Las Vegas, Miami, Phoenix aspire to the crazy peaks of Housing Bubble 1.
Up to Their Neck in Inventory, Homebuilders Cut Prices to November 2015 Level to Boost Sales by Wolf Richter • Jul 24, 2019 • 64 Comments Making deals where the buyers are. And the buyers are at lower price points.
Ultra-Low Mortgage Rates No Relief for Home Sales by Wolf Richter • Jul 23, 2019 • 145 Comments Surging prices are a demand killer, but real estate industry laments the medicine didn’t work.
Housing Bubble 2 Lost its Mojo in the San Francisco Bay Area: House Prices Drop 8% by Wolf Richter • Jul 18, 2019 • 90 Comments For the 9 counties, the median price in June dropped back to June 2017 levels.
