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
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
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