A former federal regulator who served when the 2006 housing bubble burst is concerned that today’s housing market is on an unsustainable path. The housing market’s affordability is worse than it’s been in decades as mortgage rates toy with 8%. The median price of a...
A former federal regulator who served when the 2006 housing bubble burst is concerned that today’s housing market is on an unsustainable path. The housing market’s affordability is worse than it’s been in decades as mortgage rates toy with 8%. The median price of a...
How prepared is the real estate market for unpredictable black swan events? The 2008 financial crisis gets thrown onto the list, but it was a gray swan that was predictable - and widely discussed for 2-3 years in advance. Things could have been done to avert that...
I asked them to write a blog post for bubbleinfo.com. I think my job here is secure...... In recent years, the real estate market has been experiencing a phenomenon known as a "bubble." But what exactly is a real estate bubble, and why is it causing such a stir in the...
Housing Bubble Set to Pop By John Burns In 2013, fresh off the biggest housing downturn in their lifetimes, 73 housing industry executives compiled the Top 10 Signs of a Housing Market Bubble at our Summit Conference in Laguna Beach, CA. Assessing the criteria that we...
Mike thinks this year's price explosion was unusual, and is working its way back to a more-normal pace. I agree with Mike, and think the market will split, with those products that have been the hottest (one-story homes, family homes with yards and pools, etc.) will...
The housing market is hot as home prices continue to rise, but Nobel Prize winning economist Robert Shiller predicts prices will eventually drop. "They'll come back down, not overnight, but enough to cause some pain," Shiller told Yahoo Finance Live. The...
Shiller has been too conservative on his predictions because he's an ivory-tower guy. If he were to talk to potential home sellers, he'd find that there aren't many - if any - who have to move so badly that they would sell for "substantially lower" prices. The next...
Are we in a bubble? Who cares about the label. All that matters is whether the bubble going to burst. Four reasons why it won't: No easy money - buyers have to be solid qualifiers. Foreclosures are extinct. Everyone has loads of equity (except 2021 buyers). No easy...
Let's call it the Big Confluence: Covid concerns keep diminishing over the next few months. More sellers feel safe to put their home on the market. More sellers find a way to hurry up and get their home on the market. Buyer skepticism rises. Agents get too cocky....
