Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Sunday, July 22, 2018
The Death of the US Real Estate Dream / Housing-Market / US Housing
By: Harry_Dent
In I showed how Japan’s first and more massive real estate bubble peaked in 1991. And then showed how it crashed right along our bubble model into 2013.
The difference was, it never bounced. Even when its Millennial generation came along to buy houses again.
A rise of “dyers” (sellers) were offsetting the rise of Millennial buyers.
Now let’s look at the U.S. bubble – or our double bubble.
Saturday, July 21, 2018
The Death of Japan's Real Estate Dream / Housing-Market / US Housing
By: Harry_Dent
It’s no secret that Millennials are not buying homes as early or to the degree that Boomers did.They saw the first major real estate crash since the Great Depression. So, rentals are up and home buying is down.
But this is being called “the Dream on Hold.”
Our view is based purely on demographics, and it is more extreme than that: By 2024 the home ownership dream as a means to wealth will be DEAD!
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Thursday, July 12, 2018
One Drawback to the US Real Estate Bubble / Housing-Market / US Housing
By: Harry_Dent
I’ve been ranting for weeks now about it… People don’t understand that sky-high home prices are bad for countries, cities, businesses, and consumers.And only the 62% of people who already own homes are feeling the “bliss” of the bubble. They’re the ones who want prices to keep going up so they get something for next to nothing…
There’s another side effect of this housing bubble. We’ve seen it in the bubbliest areas for years…
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Monday, June 25, 2018
UK Fixed Rate Mortgage Gap Hits Five-year Low / Housing-Market / Mortgages
By: MoneyFacts
As two-year fixed mortgage rates continue to rise, five-year fixed rate mortgages are starting to look more appealing. In fact, the latest research from Moneyfacts.co.uk shows that the gap between the average two and five-year fixed rate mortgage is the smallest it has been since August 2013.
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Monday, June 11, 2018
UK Average Two-year Tracker Mortgage Interest Rates Fall / Housing-Market / Mortgages
By: MoneyFacts
Moneyfacts UK Mortgage Trends Treasury Report data (not yet published) shows that the average two-year tracker rate has fallen for the third consecutive month to reach 1.92%, the lowest it has been since the base rate rise back in November
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Sunday, June 10, 2018
All US Homes Are Overvalued / Housing-Market / US Housing
By: Raul_I_Meijer
My long time pal Jesse Colombo, now at Real Investment Advice, recently linked on Twitter to a Zero Hedge article, which quoted CoreLogic as saying more than half of American homes are overvalued. CoreLogic calls itself “a leading provider of consumer, financial and property data, analytics and services to business and government.”
Well, CoreLogic is way off. All American homes are overvalued. How can we tell? It’s easy. It’s so easy it’s perhaps no wonder that people overlook the reasons why. But we all know them: The Fed has pushed some $20 trillion down the throats of the financial system. It has also lowered interest rates to near zero Kelvin. Then the government added a “relaxation” of lending standards and an upward tweak of credit scores. And Bob’s your uncle.
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Wednesday, May 23, 2018
How Much Is Your House Worth Today? Another Crisis Brewing? / Housing-Market / US Housing
By: Kelsey_Williams
We seem to have come full circle in the past ten years or so. The pipe dream of being a millionaire by virtue of owning a home – any home – is stoking unrealistic fantasies once again.
But, before we get carried away, here is a story about home ownership that might cause you to question the potential reality of that dream.
The house was built in 2007, almost concurrent with the peak in froth and expectation surrounding residential real estate at that time.
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Monday, May 21, 2018
Free Cash on UK Mortgage Deals Intensify / Housing-Market / UK Housing
By: MoneyFacts
Borrowers navigating the mortgage maze could well be looking for the best possible package to suit their circumstances, and one of the many perks that can stand out is cashback.
Mortgage deals with cashback may not be a new concept, but moneyfacts.co.uk can reveal that the popularity of such offers is growing: some of the newest deals to be launched onto the market recently include a cashback incentive*, with both the number of deals and average cashback amount on the rise.
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Wednesday, May 16, 2018
What to do When the IRS Comes for Your Property / Housing-Market / Taxes
By: Steve_Marks
Nothing in life is sure except for death and taxes. When it comes to owing the IRS, you can rest your laurels on the fact that sooner or later they will come to collect. When you owe the IRS, there are a handful of ways in which they may come after your assets—one of which is putting a lien on your home. If you’ve received a letter from the IRS notifying you of an impending lien, here are some helpful ways in which you can resolve your debt and protect your property.Read full article... Read full article...
Wednesday, May 09, 2018
It’s Not Supply & Demand Inflating This US Housing Market Bubble / Housing-Market / US Housing
By: Harry_Dent
I recently told our readers about how this latest real estate bubble looks just like the last one. It’s surged about the same, this time peaking a little higher, and has run for about as long.But what’s driving this bubble is totally different than what drove the last one.
The first bubble was thanks to Baby Boomers flooding the market as they surged through their peak home-buying years in unprecedented numbers. They were helped along with the most liberal lending standards in history. Remember the days of subprime, variable rates, and NINJA loans?
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Wednesday, May 09, 2018
The Top 20 Small Towns Millionaires Call Home / Housing-Market / US Housing
By: Harry_Dent
I came across some interesting data recently…If you’re thinking of retiring or moving to a smaller area that still has some affluence, maybe a few good restaurants, here are 20 small towns that have a high percentage of millionaires.
Millionaires are only 4% of households in the U.S. with an overall median income of $59,039.
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Wednesday, May 09, 2018
The 20 Cities Most at Risk in US Real Estate Market / Housing-Market / US Housing
By: Harry_Dent
Guess where the greatest real estate gains have been since the Great Recession and the massive QE surge?Florida and California… surprise, surprise!
California real-estate prices have exploded because there’s very limited supply there and Florida prices shot to the moon thanks to that states high domestic and international migration.
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Tuesday, May 01, 2018
Number of BTL Mortgate Market Deals Breach 2,000 for the Firt Time / Housing-Market / Buy to Let
By: MoneyFacts
The past couple of years have been turbulent for both landlords and buy-to-let (BTL) providers, given the significant changes to regulations and taxation that have occurred. Yet despite this, the latest research from moneyfacts.co.uk shows that the number of buy-to-let products has reached an all-time high – passing the 2000 mark for the first time on record.
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Thursday, April 26, 2018
How to be Financially Prepared When Purchasing Your First Home / Housing-Market / How to Guides
By: Submissions
Getting ready to purchase your first house can seem like a daunting task. You need to take into account credit scores, mortgages, and down payments. Below is a simple guide that will ensure you are ready to make one of the most significant purchases in your life.
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Monday, April 23, 2018
Buy to Let Fixed Rate Mortgage Deals for Limited Companies At All Time High / Housing-Market / Buy to Let
By: MoneyFacts
Last year, the tax relief's for buy-to-let (BTL) landlords were cut, meaning that they had to start assessing their options – and becoming a limited company was one of them. With more demand for this type of company, research from moneyfacts.co.uk shows that providers have stepped into the breach and are now offering more fixed products to limited companies than ever before.
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Tuesday, April 17, 2018
Triggers to Set off the Next US Housing Market Real Estate Collapse / Housing-Market / US Housing
By: Harry_Dent
Did you see the recent Bloomberg article about how Manhattan home sales have tumbled the most since 2009?How about Thursday’s Washington Post article about how new D.C.-area real estate firms have started offering sellers a commission (rather than expecting them to pay one)?
Or the one from CNBC on Wednesday about how mortgage application volume was 5.5% lower last week, from one year ago?
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Saturday, April 07, 2018
The Biggest Weakness Facing US Real Estate / Housing-Market / US Housing
By: Harry_Dent
Right now, Millennials are the largest cohort of homebuyers in America.And even though they’re waiting longer to get married, start a family, and buy a home… and they’re more likely to skip buying a starter home and opt for a larger property…
They have almost ZERO interest in the massive McMansions the Baby Boomers built. Those behemoths cost a fortune to maintain, they typically lack the desirable open floor plans and high-end amenities Millennials want, and they’re usually located in hellish suburbia, far away from the hip neighborhoods and fun activities.
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Saturday, April 07, 2018
Looking at My US Housing Market “Doomsday” Map / Housing-Market / US Housing
By: Harry_Dent
Jeff was a small business owner in New Hampshire. One Tuesday afternoon, his neighbor called…“You need to get home NOW! There’s a dumpster in your yard, a padlock on your door, and a bunch of guys are ransacking your house!”
Completely panicked, Jeff dropped everything and raced home. When he got there, he found most of his family’s possessions either in a heap in the front yard or tossed inside the dumpster.
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Saturday, April 07, 2018
Looking at Real Estate Prices in Major World Cities / Housing-Market / US Housing
By: Harry_Dent
£593,369 – the average price of a house in London in January! (That’s about $829,000.)$1 million plus – what 400 square foot condos go for in Vancouver!
$1.5 million – the cost of a median house in San Francisco!
$20 million – for a 2,000-square foot penthouse condo with a view of Central Park!
Who the hell can afford prices like these?
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Monday, March 19, 2018
US Housing Real Estate Market and Banking Pressures Are Building / Housing-Market / US Housing
By: Chris_Vermeulen
Early signs that the US Fed may be pushing the envelope of rising rates and creating pressure on banks and borrowers are starting to show up more prominently now. One component of our research at Technical Traders Ltd. is to find data that may be overlooked or ignored by some other researchers. We believe that any pressures or hardships related to general consumers will be seen first in discretionary debt (credit cards, autos, and entertainment/activities). When consumers feel the debt pressure starting to build, they react by cutting back on certain discretionary spending – focusing their purchasing/paying abilities on essential items like food, human necessities (toiletries and other essentials) and maintaining essential components of their lives.