“High End” Apartment Construction Totally Dominates, Creates Mismatch of Supply & Demand by Wolf Richter • Oct 3, 2018 • 73 Comments Because that’s where the money is, on paper. But it’s not where the market is.
The Rental Markets in America, from Hot to Cold by Wolf Richter • Sep 28, 2018 • 48 Comments By city, down to the neighborhood.
What Will Surging Mortgage Rates Do to Housing Bubble 2? by Wolf Richter • Sep 26, 2018 • 66 Comments 5% is here, 6% beckons as the next target.
The Most Splendid Housing Bubbles in America by Wolf Richter • Sep 25, 2018 • 115 Comments 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.
Seattle’s Rental Bubble Meets its Inflection Point by Wolf Richter • Sep 21, 2018 • 41 Comments Construction boom, flood of new high-end apartments, not enough demand, rising vacancy rates, and the biggest concessions since the Great Recession.
HELOCs in the US & Canada: As “Scarred” Americans Learned Bitter Lesson, Canadians Went Nuts by Wolf Richter • Sep 20, 2018 • 107 Comments Home-equity-loan balances in Canada per capita are now 3.3 times what they were in the US during HELOC peak before it all collapsed.
Mortgage Rates Head to 6%, 10-Year Yield to 4%, Yield Curve Fails to “Invert,” and Fed Keeps Hiking by Wolf Richter • Sep 19, 2018 • 81 Comments Nightmare scenario for the markets? They just shrugged. But homebuyers haven’t done the math yet.
How Millennials Are Shifting the Housing Market by Wolf Richter • Sep 17, 2018 • 102 Comments They’re settling in urban centers. In many ZIP codes, they’re already the majority. And they spend their money on rent.
What Can Cause the Next Mortgage Crisis in the US? by Wolf Richter • Sep 16, 2018 • 96 Comments The soothingly low mortgage delinquency rate is a deceptive indicator: the New York Fed weighs in.
What Will These Mortgage Rates Do to Homeowners Trying to Refinance, Homebuyers, and Mortgage Lenders? by Wolf Richter • Sep 12, 2018 • 50 Comments Refinancing activity plunges to the lowest level since 2000.