State of the World’s Biggest Debt Slaves: Americans Wimp Out in 11th Place by Wolf Richter • Mar 9, 2019 • 131 Comments And where do Chinese consumers fit in?
Sharply Lower Prices Help Sell New Houses, But it’s Not Enough by Wolf Richter • Mar 5, 2019 • 125 Comments Inventory continues to surge. Potential buyers move on.
More Lousy Data Emerges after Government Shutdown: Construction Spending by Wolf Richter • Mar 4, 2019 • 54 Comments Residential Construction Skids, Nonresidential Construction Stagnates. The delay gave markets a break from lousy data.
“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.
