Tag Archives: Housing Bubble

Has Real Estate Bottomed? Here’s How to Tell

The absence of stories about the bottom in housing will mark the final nadir, because the real bottom can only be reached when everyone has abandoned housing as a pathway to easy money. Only when the public and investor class alike have completely lost interest in real estate as a “sure-fire” investment can the real trough be reached. Continue reading

Posted in Fresh Perspectives, Real Estate Data | Tagged Home Prices, Housing Bubble | 1 Comment

Permanently High Plateau Theory Touted for Australia Housing; Real Estate Agents Refuse to Disclose Sale Prices

At the height of every boom, bullish clowns inevitably come out of the woodwork touting the “permanently high plateau” prices will not drop much theory.
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Posted in Fresh Perspectives, Home Economics | Tagged Australia, Home Prices, Housing Bubble | Leave a comment

Europe at the Abyss; US Housing in the Abyss; Who is to Blame?

Blaming banks for lending when real interest rates are hugely negative is tantamount to placing a bottle of vodka in front of an alcoholic, telling the alcoholic it is the best vodka in the whole world, then blaming the alcoholic for what happens next.
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Posted in Fresh Perspectives, Home Economics | Tagged Home Prices, Housing Bubble, The Fed | Leave a comment

NAR Spin Crossing The Line

The NAr doesn’t care about its customers. They have no interest in sharing the truth or providing accurate information if such information may cause a buyer not to buy or a seller not to sell. A reasonable deduction from NAr press releases is that they will say anything to generate sales, specifically they want to control buyer psychology. Continue reading

Posted in Fresh Perspectives, Industry & Technology, The Real Estate Process | Tagged Housing Bubble, NAR, Spin | Leave a comment

Home Prices Have Fallen Worse Than The Great Depression

Home prices during the troubling five years of 1928 through 1933 saw a decline of 25.9 percent nationwide and this was during the Great Depression. The latest Case-Shiller data shows that home prices in the 20 City and 10 City composite measures are down by 32 percent from their 2006 peak. Continue reading

Posted in Fresh Perspectives, Home Economics | Tagged Case-Shiller, Home Prices, Housing Bubble, The Great Depression | Leave a comment