Zillow's panel of economists is forecasting the next recession, with 66% of them predicting it will start between 4Q19 and 1Q21: Experts in housing are predicting a recession starting in 2020, according to Zillow’s 2018 Q2 Home Price Expectations Survey; however, they...
This guy says a housing bubble is brewing because: A) incomes aren't going up as fast as homes prices, B) the cost of building materials has risen, and C) oil production should collapse. But if gas prices go up higher, aren't electric or hybrid cars the answer? For...
More news today on the surge in home pricing, with Diana happy to point out that half of the nation's 50 largest markets are now considered overvalued, meaning home prices are at least 10 percent higher than the long-term, sustainable level. “The dream of...
An article based on research from a mortgage insurance company, who has a stake in the game (unlike economists). The image above shows virtually no risk of prices falling in Southern California over the next two years. H/T daytrip: Housing bubble coming? According to...
Five years ago, Zillow predicted that the ZHVI would increase 22% by 4Q17. At the time, it seemed a bit optimistic. Since then, the national index rose 32%, and the San Diego index rose 45%! Currently, thirteen of the 20 cities followed in SD County are at all-time...
I think I've had this guy on before, but he has a few different videos. He changes the title and his description to include the new year, but this was published in 2014:
I sent yesterday's post to Lawrence - and this was his reply: Home values falling 8% to 12% were based on taking away all of the deductions- no MID and no property tax deductions. Fortunately, MID is set at $750,000 and $10,000 for state and local tax deductions....
Yesterday I sent a note to the C.E.O. of the National Association of Realtors to counter the idea that home values will be going down 8% to 12% this year. I've been asking for two months - show us your math. Here it is - see link below. They commissioned a study by...
JBREC had the most bullish forecast coming into this year, and they are increasing their expectations on price and volume:
From Bloomberg.com - an excerpt: When real estate investors get this confident, money manager James Stack gets nervous. U.S. home prices are surging to new records. Homebuilder stocks last year outperformed all other groups. And bears? They’re now an endangered...
