Meredith is at it again......predicting the silver tsunami. She doesn't present any evidence or data to prove it's happening or when or where it will happen. She's just getting paid for being an ivory-tower doomer: In fact, the article pretty much rebuffs the whole...
Doomer
Another Coffee Bet
After mortgage rates went over 6% again yesterday, the doomers will be burying the real estate market over the next few months. You can see why - rates have been dropping for a generation; for them to now go up from 3% to 6% in a few months is unprecedented for...
Doom?
After another weekend of multiple-offer situations where the listing agents made no attempt whatsoever to create a bidding war, and instead just shut down the showings, it's hard to believe there is any downturn coming our way. When you can get a mortgage rate in the...
Mortgage Mess Ahead?
Low mortgage rates and large down payments are how buyers today are able to afford these lofty prices. Wondering where the big money comes from? Some of it could be from cash-out refinances: The article has a couple of other zingers too - excerpts: In recent years,...
Who Will Give Them Away?
Hat tip to PC for sending in this doomy article about the future of real estate - an excerpt: At some point, housing prices become so expensive that no matter how low interest rates go, the average household simply can’t afford to buy. We may very well be at that...
Doom, 2019 Style
One of the more vocal doomers is at it again. Here's a link to an article from 2014 when he thought the sky was falling: https://www.marketwatch.com/story/this-house-market-is-falling-apart-2014-08-26 Today's version - an excerpt: There are growing signs that U.S....
More Bubble Talk
This expert says the next recession will cause home prices to come down hard, but we learned last time that people have to live somewhere, and the government will save us....