Nick Gerhli - Biggest Housing Bubble in US History

Wednesday, December 27, 2023

German property prices plummet as housing bubble bursts

Monday, November 27, 2023

Post from Nick Gerli (@nickgerli1)

Nick Gerli (@nickgerli1) posted at 10:07 AM on Mon, Nov 27, 2023:
Home Prices for Builders just crashed by the fastest level on record.

Down a massive -18% over the last year. 📉

Biggest annual decline in new home prices going all the way back to 1965. https://t.co/XefxSO6kZU
(https://x.com/nickgerli1/status/1729200166664843683?t=L_6Xzx2OtYJ4IsYRDr5EnA&s=03

Friday, October 13, 2023

Friday, September 22, 2023

Post from The Kobeissi Letter (@KobeissiLetter)

The Kobeissi Letter (@KobeissiLetter) posted at 5:44 AM on Fri, Sep 22, 2023:
BREAKING: Average interest rate on a 30-year mortgage rises to 7.75%, the highest since November 2000.

This officially more than a whole percentage point above the 2008 highs.

Mortgage rates are now up 500 basis points in just over 3 years.

The payment on a $500,000 mortgage… https://t.co/O8K2dIE1ST
(https://x.com/KobeissiLetter/status/1705201520101257494?t=GnxME5OiW8bhKzNA1fk-0w&s=03

Friday, September 8, 2023

Monday, August 14, 2023

Friday, July 21, 2023

Robert Shiller says decade-long rally in home prices could end when the Fed wraps its hiking cycle

https://finance.yahoo.com/news/robert-shiller-says-decade-long-005907999.html

The fear of further interest hikes pressured homebuyers to secure houses ahead of higher mortgage rates, the Yale economist said. 

Monday, July 10, 2023

Tweet from jeroen blokland (@jsblokland)

jeroen blokland (@jsblokland) tweeted at 4:53 AM on Mon, Jul 10, 2023:
The US 30-year #mortgagerate has spiked to a new high of 7.38%. This is the highest level in more than 22 years. It does not require rocket science to figure out that the spike will have a massive impact on the disposable #income of people buying a new house or getting a mortgage… https://t.co/TzFbqc3eO1
(https://twitter.com/jsblokland/status/1678371903487049728?t=vbEWL4-zU00rnf3gjx_cRw&s=03

Sunday, May 28, 2023

Lost home equity: San Francisco homes are selling for $220,000 less than a year ago

https://finance.yahoo.com/news/lost-home-equity-san-francisco-homes-are-selling-for-220000-less-than-a-year-ago-153041282.html

In San Francisco, the median sales price was $220,000 lower than at the same time last year — the largest decline by dollar amount  — wiping out 13.4% in equit... 

Sunday, May 21, 2023

Tweet from Lance Lambert (@NewsLambert)

Lance Lambert (@NewsLambert) tweeted at 11:05 PM on Sun, May 21, 2023:
LEFT: Home price decline in major U.S. housing markets since their respective pandemic peak 

RIGHT: Home price decline in Texas ZIPs since their respective pandemic peak 

Blue = Currently sitting at an all-time high https://t.co/86bu5RMjcx
(https://twitter.com/NewsLambert/status/1660527312478117893?t=MYdKeu-wFIkPEiBqZ8uCYA&s=03

Friday, March 24, 2023

Median Housing Price Downturn - First Time in a Long Time

Home Ownership Affordability Monitor - Federal Reserve Bank of Atlanta - FRB Atlanta