Why You Should Pay Attention to This Time-Tested Indicator Now “How High Can Markets Go?” — asks this magazine cover Paul Montgomery’s Magazine Cover Indicator postulates that by the time a financial asset makes it to the cover of a well-known news weekly, the existing trend has been going on for so long that it’s… Read more Time Tested Indicator |
Category: Housing Market
Articles about housing market, home prices trends, macro economic effects on housing market.
China’s Housing Bust
Here’s an Update on China’s Big Housing Bust “Property market weakness is now spreading into the overall economy.” If you’re wondering about the future value of your home or the housing market in general, you may want to pay attention to what’s going on in China. The bottom line: The way we see it at… Read more China’s Housing Bust |
US Home Equity
What Will Happen to That $30 Trillion in U.S. Home Equity? “It’s like someone turned off the faucet” You probably remember the last big housing bust which began more than 15 years ago. Elliott Wave International has observed that falling housing prices are generally preceded by a decline in home sales. The lag time may… Read more US Home Equity |
Bold Call on Housing Prices
Here’s a “Bold Call” on U.S. Housing Prices (Don’t Hang Your Hat on It) This does not look like a bottom in median existing home prices Back in October 2022, none other than Realtor.com asked the question: Is America in a housing bubble–and is it getting ready to burst? That was 10 months ago and… Read more Bold Call on Housing Prices |
Housing Market Top
How This Pattern from the Prior Housing Bust is Repeating Here’s when homes will likely sell for once-in-a-lifetime bargains Just like the gold “in them thar hills” motivated people from all walks of life to become miners way back when, real estate booms have motivated people from far and wide to become agents. In both… Read more Housing Market Top |
Real Estate Tide is Turning
THIS is Why the Real Estate Tide is Turning Here’s your next step to get a handle on the global property market. Treat houses as a consumption item — or simply as a place to live, and history shows that real prices will fluctuate only modestly over the decades. Treat houses as an investment, and… Read more Real Estate Tide is Turning |
Why US Housing Market is Set to Decline
Pending home sales provide a reminder of 2005-2006 Most everyone knows that the housing market has been booming in the U.S. However, if history is a guide, expect U.S. home prices to significantly decline. Why? Well, pending home sales have slowed. And the trend in home sales tends to lead the trend in home prices.… Read more Why US Housing Market is Set to Decline |
Housing Market Implosion Coming?
University students live in the lap of luxury The U.S. housing market may be about to implode — again. Before I get into the “why,” know that the residential real estate market never fully recovered. Annualized new home sales this past July stood at 507,000, vs. the July 2005 peak of 1.39 million. The chart… Read more Housing Market Implosion Coming? |