Silver as an investment

Category Archives: Housing Market

“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 […]

Why The Fate Of The World Economy Is In The Hands Of China’s Housing Bubble

A couple of research reports released overnight by Deutsche Bank and Bank of America, respectively, come to a sobering conclusion: the fate of the global economy may be in the hands of the Chinese housing bubble. As a reminder, China is a serial bubble inflator courtesy of a closed (capital account) economy, and nearly $30 […]

“2017 Will Be A Tipping Point” – Why Some Think This Is The Next “Big Short”

One week ago we reported that "Mega-Bears Smell Blood As Mall REITs Tumble" in which we wrote that "just like 10 years ago, when the "big short" was putting on the RMBX trade, and to a smaller extent, its cousin the CMBX, so now too some are starting to short CMBS through the CMBX. They […]

Global Stocks Rise, S&P Futs Flat As Dollar Rebounds Ahead Of Critical Week For Markets

European bourses advance and Asian share rose led by a surge in Hong Kong stocks which rose the most in three months as Japan hit 15 month highs. U.S. futures are little changed along while the dollar rebounded from session lows after Friday’s selloff. Crude oil has continued its retreat, down 0.2% and sliding for […]

Manhattan Luxury Housing In Freefall: J.Crew CEO Slashes Tribeca Loft Price By Over 40%

While in recent weeks we have documented various instances of sharp pullbacks in the ultra-luxury segment of New York’s housing market (here, here and here), a dramatic example of just how sharp the drop in the high-end housing segment has been comes courtesy of Mansion Global which reports that J. Crew CEO Mickey Drexler has […]

Australian Banks Deny “Speculative Bubble” Driving Home Prices To Record Highs

The basic laws of physics have seemingly ceased to exist in Australia…water is no longer wet, the sky is no longer blue and home prices are not in a “speculative bubble,” at least according to some conflicted commercial banking executives who are massively long Australian housing.  Testifying before a parliamentary committee, the chief executives of […]

Putting It All Together…

Guess ‘Who’ Just Figured Out The Fed Is Behind The Curve

Via Kevin Muir of The Macro Tourist blog, I must admit, I had been expecting the Fed to be a little more hawkish over the past couple of months. Given how tone deaf they seemed during previous tightening periods when the US dollar was screaming higher and oil plunging to levels that would have resulted […]

So Who’s Pumping Up this “New Normal” Housing Market?

wolfstreet.com / by Wolf Richter / Feb 23, 2017  America becomes “Landlord Land.” “A housing recovery that is highly dependent on real estate investors is a bit of a double-edged sword,” explained Daren Blomquist, senior VP at ATTOM Data Solutions. “Rapidly rising home values have been good for homeowner equity, but also have caused an affordability crunch for […]