Article Source Recently, CNBC interviewed Glenn Kelman, the CEO of Redfin, on the current state of the housing market. Kelman said that housing prices, interest rates, and taxes are whipping up a “perfect storm” on the coasts and […]
Article Source It is troubling that Americans are unable to afford home purchases with 30-year mortgages at just 4.5%. Here’s an update on the troubled housing market… from Zero Hedge After NAHB’s optimism rebounded sharply […]
Article Source The unusually large drop in home sales is puzzling those who work directly in the industry. Real estate agents are confused and baffled by the sudden and seemingly unexpected lack of home sales. […]
Article Source It appears to be more likely than ever that the U.S. economy is heading for a recession. On Tuesday, the Dow Jones Industrial Average was down 301 points as investors were rattled by […]
Article Source Student loan debt is a fundamental crisis. Students are borrowing money to pay for school at an alarming rate. But as the problem worsens, it seeps into other sectors, such as the housing […]
Article Source It may be time to start preparing for the upcoming housing market recession. All the signs that the housing market will continue to tank are rearing their ugly heads. It’s only a matter […]
Natasha Sweatte reports on predictions of major changes to the US housing market, as unsold homes climb to the highest level since 2009, when the US was in a middle of a mortgage crisis. Natasha […]
Article Source As we’ve been tracking here at PeakProsperity.com, the housing market is starting to look quite ill. After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose […]
Article Source The U.S. economy is definitely deviating from the script, and we just got more evidence that “Housing Bubble 2” is bursting. Experts were expecting that new home sales in the U.S. would rise […]
Article Source Things just continue to get even worse for the U.S. housing industry. New homes sales have been absolutely plummeting, homebuilder stocks have lost over a third of their value, and existing home sales […]
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