» housing bubble

The in-laws own a gas station in Miami that they’ve wanted to sell for years. But they dithered when the market was hot and ended up being stuck with it when interest evaporated in 2009. Lately, though, the phone has begun to ring again. It’s not exactly a feeding frenzy but real offers are comi...

In a previous report, Headwinds for Housing, I examined structural reasons why the much-anticipated recovery in housing valuations and sales has failed to materialize. InSearching for the Bottom in Home Prices, I addressed the Washington and Federal Reserve policies that have attempted to boost the...

Today all eyes are on the eurozone financial crisis, crashing commodities, and the potential drag on US markets. But what caught my eye was the Shanghai Composite, which logged its 4th consecutive daily decline and the 15th decline in the last 20 sessions. My friend and occasional guest contributor ...

With each and every report comes “hope” that maybe, potentially, somehow the moribund housing market has finally reached its inevitable bottom and is now on the verge of the next great advance.   Nothing could be further from the truth. I say this with a bit of pain because I am a home...

The Economist is frequently a mixed bag. Here is an article on the global housing market that pretty much hits the right spot. Please consider House of horrors, part 2 The bursting of the global housing bubble is only halfway through. MANY of the world’s financial and economic woes since 2008 be...

Since the triple dip in housing was recently circumvented courtesy of QE2, and was “transitory” in theory today’s subpar housing starts and permits data is the beginning of the quadruple dip. And subpar it was: starts came at 523K on expectations of 569K, down from revised 585K pre...

Anyone who regularly follows me knows that I have been adamant in disagreeing with any who actually assert that the US has entered a housing recovery. The bubble was blown too wide, supply is too rampant, with demand too soft and credit tighter than frog ass. Today, the Case Shiller numbers have com...

By Chris Martenson For a very long time I have been calling for, expecting and otherwise anticipating the day that the Federal Reserve would begin openly monetizing government debt. I knew the day would come intellectually, but in my heart I hoped it wouldn’t. But with the Fed’s r...

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From www.zerohedge.com By Chris Martenson Prediction: Things Will Unravel Faster Than You Think By my analysis, we are not yet on the final path to recovery, and there are one or more financial ‘breaks’ coming in the future.  Underlying structural weaknesses have not been resolved, an...

From www.mybudget360.com The official announcement that the recession is over underscores the massive disconnect between Wall Street and the rest of America.  Wealth inequality in America is at levels last seen right before the Great Depression ravaged our economy.  Yet the inequality has grown ...

From www.mybudget360.com Home sales follow very seasonal patterns.  Yet much of this natural mechanism was stunted by banks delaying foreclosures and the government artificially stimulating home sales.  Now that much of the stimulus has been exhausted, it is clear that home prices are correcting...