“Shadow Banks” Dominate Mortgage Lending by Piling on Risks. Federal Housing Administration (FHA) on the Hook by Wolf Richter • Feb 27, 2019 • 66 Comments But deposit-taking banks have pulled back.
The Most Splendid Housing Bubbles in America Get Pricked by Wolf Richter • Feb 26, 2019 • 128 Comments San Francisco Bay Area & Seattle lead with biggest multi-month drops since 2012; San Diego, Denver, Portland, Los Angeles decline. Others have stalled. A few eke out records.
The US Housing Market Begins to Feel the Pain by Wolf Richter • Feb 21, 2019 • 135 Comments Fact is, home prices cannot outrun wages forever.
Mortgage Applications Drop Despite Lower Mortgage Rates: Industry is Baffled by Wolf Richter • Feb 13, 2019 • 66 Comments The hope in early January has been unwound.
Liquidity in New York City’s Housing Market Dries Up by Wolf Richter • Feb 11, 2019 • 84 Comments 52% of the homes listed for sale last spring still have not sold. For sellers, “the situation calls for a clear strategy: cut prices.”
New House Prices Drop 12% as Supply Surges by Wolf Richter • Jan 31, 2019 • 59 Comments Unwinding years of price gains as homebuilders try to make deals.
Home Sales to Get Even Uglier in Near Future by Wolf Richter • Jan 31, 2019 • 34 Comments “Dripping down, down, down. Frustrating that the housing market is not recovering”: National Association of Realtors
The Most Splendid Housing Bubbles in America Shrink by Wolf Richter • Jan 29, 2019 • 94 Comments Seattle prices drop 5.1% in five months, most since Housing Bust 1; San Francisco Bay Area, Los Angeles, San Diego, Denver, Portland all decline.
We’re Flying with Eyes Partially Closed into Turbulent Markets & Economy by Wolf Richter • Jan 25, 2019 • 66 Comments But for the markets: “No Data is Good Data”
