Silver as an investment

Category Archives: Housing Market

Key Events In The Coming Week: French Election, Earnings, Manufacturing, Housing

This week will be dominated by the first round of the French presidential election on Sunday. With the number of undecided voters remaining high, four candidates look set to fight for the two places in the second round on 7 May. On the data side, following China’s strong economic report, attention will focus on US […]

London Housing Market Suffers Worst Collapse Since Financial Crisis

At the end of 2016 we reported that the formerly invincible London home market had suffered its biggest crack in years, when home prices plunged the most in six years according to Rightmove. Asking prices in London dropped 4.3% in December with inner London down 6%.  Meanwhile, the most exclusive neighborhoods, like Kensington and Chelsea, […]

Wells Just Reported The Worst Mortgage Number Since The Financial Crisis

When we reported Wells Fargo’s Q4 earnings back in January, we drew readers’ attention to one specific line of business, the one we dubbed the bank’s “bread and butter“, namely mortgage lending, and which as we then reported was “the biggest alarm” because “as a result of rising rates, Wells’ residential mortgage applications and pipelines […]

David Rosenberg: “This Is A Bubble Of Historic Proportions”

Shortly after we remarked most recently on the unprecedented Canadian housing bubble that has migrated from Vancouver to Toronto, Gluskin Sheff's Chief Economist David Rosenberg joined the growing chorus of calls for government intervention into the Toronto housing market. In an interview on BNN, Rosenberg, who correctly called the U.S. housing bubble in 2005 when […]

Snyder Warns Of The Ticking Time Bomb That Could Wipe Out Virtually Every Pension Fund In America

Authored by Michael Snyder via The Economic Collapse blog, Are millions of Americans about to see the big, juicy pensions that they were counting on to fund their golden years go up in flames in the biggest financial disaster in U.S. history? When Bloomberg published an editorial entitled “Pension Crisis Too Big for Markets to […]

Putting Pennies in the Fusebox, Report 26 Mar, 2017

Back in the old days, homes had fuse boxes. Today, of course, any new house is built with a circuit breaker panel and many older homes have been upgraded at one time or another. However, the fuse is a much more interesting analogy for the monetary system. When a fuse burned out, it was protecting […]

Hedge Fund CIO: “The Market Doesn’t Care About Health Care. Poor People Care About Health Care”

From Eric Peters, CIO of One River Asset Management, here is a topical anecdote, as well as a review of the key events in the past week. Weekend Notes “Where’s the beef?” bellowed Biggie Too. “Health care, regulation reform, tax cuts – where’s it at?” continued the Chief Global Strategist for one of those too […]

The American Dream: An Endangered Ethos

Authored by Danielle DiMartino Booth via MoneyStrong.com, Few words are slipperier than ‘ethos’ to grasp. Even the best translation of the word – essence – is hard to get your arms around. Perhaps that is why so many of us were blissfully unaware until recently that the very essence of the American Dream was slipping through […]

“This Is Going To Blow Sky High” – Observations On Canada’s Housing Market

zerohedge.com / by Tyler Durden / Mar 20, 2017 6:54 PM For months we’ve been warning about real estate bubbles re-emerging in various markets around the world from Canada to Australia (see “There Are 66,719 Empty Mansions In Vancouver” and “Vancouver Home Sales Crash 40%, As Toronto Home Prices Soar 22%“).  And while facts and figures clearly indicate […]

Home-Flipping Profits Just Hit An All Time High: These 10 States Offer The Highest Return Potential

That most distinct remnant of the 2006 housing bubble – home flipping – is not only back, it is more profitable than ever. According to a new report by ATTOM Data Solutions and RealtyTrac,193,009 single family homes and condos were flipped — defined as sold in an arms-length transfer for the second time within a […]