Nick Gerhli - Biggest Housing Bubble in US History
A friendly reminder that we are in the biggest housing bubble of all-time.
— Nick Gerli (@nickgerli1) August 26, 2024
Inflation-adjusted home prices today are almost 100% higher than the long-term, 130-year average.
Only 2x in US history where this has ever happened: 2006 and right now.
Note how from 1890 to 2000,… pic.twitter.com/Ll0NL4wVhP
Wednesday, December 27, 2023
Thursday, December 21, 2023
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Monday, December 18, 2023
Saturday, December 16, 2023
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Monday, December 4, 2023
Wednesday, November 29, 2023
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)
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)
Wednesday, November 15, 2023
Friday, November 3, 2023
Thursday, November 2, 2023
The US Housing Market Has Become an Impossible Mess
The US Housing Market Has Become an Impossible Mess https://www.bloomberg.com/news/articles/2023-11-02/housing-crisis-gets-worse-for-americans-on-mortgage-lock-in-effect
Tuesday, October 31, 2023
Thursday, October 26, 2023
Monday, October 23, 2023
Sunday, October 22, 2023
Friday, October 20, 2023
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Wednesday, October 18, 2023
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Friday, October 13, 2023
Grant Cardone says buying a home is a ‘terrible investment’ — draws on Elon Musk and Warren Buffett’s unique housing situations to make his point. But would the billionaire investors agree?
https://finance.yahoo.com/news/grant-cardone-says-buying-home-110000018.html
The real estate investor received "a lot of hate" for his contrarian take.
The real estate investor received "a lot of hate" for his contrarian take.
3 REITs Near 52-Week Lows Just Received An Analyst Downgrade
https://finance.yahoo.com/news/3-reits-near-52-week-215226172.html
Analysts often downgrade stocks they feel have run up in price too much or if some bad news comes out that can negatively impact a stock. But it's unusual to s...
Analysts often downgrade stocks they feel have run up in price too much or if some bad news comes out that can negatively impact a stock. But it's unusual to s...
Thursday, October 5, 2023
Monday, October 2, 2023
Severe Crash Is Coming for US Office Properties, Investors Say
https://finance.yahoo.com/news/severe-crash-coming-us-office-000003441.html
(Bloomberg) -- Office prices in the US are due for a crash, and the commercial real estate market faces at least another nine months of declines, according to ...
(Bloomberg) -- Office prices in the US are due for a crash, and the commercial real estate market faces at least another nine months of declines, according to ...
Sunday, September 24, 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)
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)
Tuesday, September 19, 2023
Friday, September 15, 2023
Thursday, September 14, 2023
Tuesday, September 12, 2023
Saturday, September 9, 2023
Friday, September 8, 2023
Apartment Rents Teeter On Negative Growth As Supply Set To Surge
https://www.benzinga.com/economics/macro-economic-events/23/09/34372138/apartment-rents-teeter-on-negative-growth-as-supply-set-to-surge
https://www.benzinga.com/economics/macro-economic-events/23/09/34372138/apartment-rents-teeter-on-negative-growth-as-supply-set-to-surge
Thursday, September 7, 2023
Tuesday, September 5, 2023
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Sunday, August 27, 2023
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Monday, August 14, 2023
Berkshire Hathaway Is Betting On US Housing Market: Buffett Bought These Stocks, Should You?
https://www.benzinga.com/news/large-cap/23/08/33849177/berkshire-hathaway-is-betting-on-us-housing-market-buffett-bought-these-stocks-should-you
https://www.benzinga.com/news/large-cap/23/08/33849177/berkshire-hathaway-is-betting-on-us-housing-market-buffett-bought-these-stocks-should-you
Thursday, August 3, 2023
Saturday, July 29, 2023
Friday, July 28, 2023
Tuesday, July 25, 2023
Saturday, July 22, 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.
The fear of further interest hikes pressured homebuyers to secure houses ahead of higher mortgage rates, the Yale economist said.
Wednesday, July 12, 2023
Tuesday, July 11, 2023
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)
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, July 9, 2023
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Friday, June 2, 2023
Wednesday, May 31, 2023
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...
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)
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)
Sunday, May 14, 2023
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Wednesday, April 26, 2023
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Tuesday, April 4, 2023
Friday, March 31, 2023
Wednesday, March 29, 2023
Biden’s sweeping plan to help renters comes 'at the expense' of mom-and-pop landlords — here's what to do if you still want your slice of the real estate pie
https://finance.yahoo.com/news/biden-one-size-fits-plan-150000623.html
Rule changes living rent-free in your mind? Perhaps it's time for a more passive approach.
Rule changes living rent-free in your mind? Perhaps it's time for a more passive approach.
Tuesday, March 28, 2023
Friday, March 24, 2023
Median Housing Price Downturn - First Time in a Long Time
Median home price has fallen 0.2% YOY marking the first decline in since 2012. pic.twitter.com/sisIgkfD7w
— Wealthion (@wealthion) March 22, 2023
Sunday, March 19, 2023
Thursday, March 16, 2023
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Friday, March 10, 2023
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Thursday, February 2, 2023
Sunday, January 29, 2023
Curbed: New Yorkers Never Came 'Flooding Back.' Why Did Rents Go Up?
Curbed: New Yorkers Never Came 'Flooding Back.' Why Did Rents Go Up?.
https://www.curbed.com/2023/01/nyc-real-estate-covid-more-apartments-higher-rent.html
https://www.curbed.com/2023/01/nyc-real-estate-covid-more-apartments-higher-rent.html
Thursday, January 26, 2023
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China's home prices fell at an accelerating rate in December, survey shows https://www.cnbc.com/2023/01/01/china-home-prices-fell-at-faster-rate-in-december-real-estate-survey.html
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