Housing Market
24 Threads
The July new home sales report shows that months' supply fell to 7.5 from 8.4 in June (which was revised down from 9.3 months). The months supply for existing homes also edged dow...
A massive housing bubble has developed, and is about to pop, in the South. The number of new homes for sale in the Southern Region (FL, GA, TN, TX, etc.) has spiked up to nearly 3...
You think housing prices will keep going up because you've seen it all your life. But this is a historic anomaly that is likely to reverse soon: Prices might start shrinking in man...
Mortgage rates back to 7%. Meaning that the cost to buy a house in America is now approaching $2,700/month when including mortgage, tax, insurance, and maintenance. Meanwhile, co...
1/9 There's no question that the property sector must play a "diminished role" in Chinaβs growth. A 3-decade property bubble has left China with a vastly oversized property sector...
This is scary. π¬ KB Homes, a large home builder, just reported a 68% CANCEL RATE. Meaning that over 2/3 of Homebuyers walked away from their contracts in the quarter. Leaving KB...
There's too many Realtors. 1.6 Million currently registered with NAR. That's higher than 2007 Bubble. π30% of Realtors will likely quit during this Housing Crash. Once that happ...
πThe Demographic Decline of America. For first time EVER, there's more People Living Alone (37.9M) than Households with a Child (33.9M) BAD NEWS for future of Society and Housin...
Another year has come to an end & all eyes are set on 2023 to see what economic development it will bring, will it offer some much needed respite or will it add to our woes? Here...
Home prices are falling across the United States. Some areas are seeing home prices crash faster than the 2008 crisis, while other areas are actually still rising! Where is the...
Home price declines accelerated in September. All 20 cities in the Case-Shiller index posted monthly seasonally adjusted declines in prices. U.S. home prices fell 0.8% last month...
The seeds of the 08β financial crisis were planted during years of rock-bottom interest rates and loose lending standards that fueled a housing price bubble in the U.S. and elsewhe...
The housing market accounts for 30% of China's GDP, and itβs in deep trouble! Everyone knows about the infamous Evergrande crisis. But how did it all begin? https://t.co/pst8Gjg5k5
Household formation outpaced net new construction in the last 2 years. NO state added more housing than the households. π€¨ Many macros play a part in RE values, but this definite...
Housing is in trouble. 1/10
Volumes in the housing market are imploding. New home sales are -51% from 2 years ago. So, is this as bad as 2008 or not? Let's see π 1/25
Stock name - Arihant Superstructures (#ASL) Bought now @ 204 Chart pattern - 5.1 years long BO on weekly closing above 204 Technical target - INR 408 Time frame - Within 2 yrs...
Intro to the Housing Market Homes have been getting expensive - home prices relative to income are at highs exceeding those of the Great Financial Crisis. But why are prices cont...
"There are no houses for under $100,000" I get that message a lot. You may live in an expensive market, but there are a lot of cities across the US that have cheap real estate w...
Monetary policy at work, throttling back demand in rate-sensitive sectors: New home sales fell 16.6% in April from March to 591,000 (a seasonally adjusted annual rate). That is t...
Hmmm. I wonder what will happen when we increase demand for a fixed supply of houses? Is there a word for this? https://t.co/dJ3Xcbudtr
China's Evergrande moment is being touted as 'Lehman Moment' by media Couple of things wrong with that comparison 1β£ Collapse of Lehman was because of it was on wrong side of hou...
#DataScience Project 2 House Price Prediction - Use Machine Learning to create a model that predicts the price of a house. Libraries Used - Numpy - Pandas - Seaborn - Scikit Le...
1 of 15: It has been hard to convey, through anecdotes or data, how bizarre the U.S. housing market has become. For example, a Bethesda, Maryland homebuyer working with @Redfin inc...