Things Worse than Slow Growth Await the US Economy by Larry Kummer • Sep 18, 2014 • 11 Comments America might start a downturn from a position of weakness unique since WW2.
California Home Sales Dive, Prices Hit Wall, Millennials Blamed by Wolf Richter • Sep 13, 2014 • 17 Comments The American Dream? Not for millennials.
How the Government Deceives us on Inflation, as Rents and Housing Costs Soar by Wolf Richter • Sep 12, 2014 • 9 Comments Rents and housing costs make up 30% of the Consumer Price Index. They’re its largest component. They’re soaring in real life. But not in the CPI.
Luxury Homes Are Hot, Rest of Housing Market Gets Hosed by Wolf Richter • Sep 11, 2014 • 4 Comments Sweet Spot: Homes above $15 million.
But Who the Heck Is Going to Buy all these ‘Overpriced’ Homes? by Wolf Richter • Sep 6, 2014 • 34 Comments Something has to give. And it’s not going to be the maxed-out American middle class.
Home-Flipping Collapses in San Francisco, Losses Spread by Wolf Richter • Aug 30, 2014 • 8 Comments The magic mix becomes toxic.
What the Heck Just Happened at the San Francisco Apple Store? by Wolf Richter • Aug 29, 2014 • 9 Comments Not everyone is irrationally exuberant.
Drowning in Unsold New Homes? by Wolf Richter • Aug 25, 2014 • 7 Comments Housing Bubble 2: ballooning inventories of new single-family homes.
The Home-Flipping Bubble Implodes by Wolf Richter • Aug 22, 2014 • 5 Comments Profit grows on trimmed trees, freshly painted walls, and rehabbed bathrooms, and flipping volume soars, and nothing can go wrong. Then something goes wrong.
Fannie Mae Sledgehammers Housing Forecasts by Wolf Richter • Aug 19, 2014 • 2 Comments You’d think the housing market is in fine shape, based on the sizzling optimism of our home builders.
