Simon Black On Investment Advice From Paris Hilton
Simon shares how the real estate bubble turned into speculative mania, and he shows how the cryptocurrency bubble is one in the same. Here’s why…..
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DiMartino Booth Lashes Out at Fed for Making Americans BELIEVE That Homes Are Investments
Former Fed employee Danielle DiMartino Booth has some harsh words for both the Fed and the people who buy a home thinking it will go up in price and value…
Continue readingMortgage Finance Update: Winter is Here
We’re not talking HBO. Christopher Whalen isn’t talking about a pleasant winter scene fit for a postcard either. This winter is going to be very hazardous in Mortgage-land, and it […]
Continue readingPercentage Is SO HUGE We Are Glad We Were Sitting When We Read It
Fund Manager has calculated just how skewed the retail sales report has become, and it is so bad, we wonder if the Census Bureau is hiring cooks?
Continue readingHousing Recovery False Alarm – Starts, Permits Plunge In July As Rental Units Collapse
The recession evidence just keeps piling up with a slew of bad housing data…
Continue readingThis Spending Metric Shows 82% Collapse in New York Real Estate Purchases
Drops in the bucket eventually overflow…
Continue readingForget Housing: Mortgages Used To Bet On These Speculations
Things are getting a little out of hand
Continue readingThe Housing Market Bubble Is Popping
This report contained some “eyebrow-raising” results…
Continue readingSimon Black Corners Fannie Mae’s Chief Economist: It’s Worse Than You Think
When the Chief Economist For Fannie Mae Admits the US Housing Market Is At “The End of the Cycle”, 2008 All Over Again May Be Closer Than You Think:
Continue readingThe Apartment Glut Cometh – Adios Housing Market
Adios Amigo!…
Continue readingFake News Alert: Existing Home Sales Report
I hate to be cynical, or accuse anyone in the Federal Government of presenting “fake news”…
Continue readingHousing Starts Crash – Sales Volume And Prices To Follow
Here We Go…
Continue readingAdios To The Housing Market
That popping sound you just heard is the Fed popping the housing bubble.
Continue readingSmells Like 2008: Fund Manager Warns Housing Market Is Unraveling
You wouldn’t know it from the housing industry organizations, Wall Street or the media propaganda, but the housing market is starting to unravel. It does not matter which person or […]
Continue readingEverything’s A Bubble
Then there’s China, where total debt has ballooned by 465% over the past decade. China’s real estate market has grown become so ridiculous that a new project in the city […]
Continue readingHousing Bubble? Here’s Why I Dumped My Last US Property
When I saw the chart, the first thing I thought was, “hockey stick”. Hockey stick charts make me want to sell immediately. They’re screaming indicators that we’re entering another housing […]
Continue readingDéjà Vu All Over Again – The Housing Bubble Is Popping
Pending July home sales were down 13% from June. When the market rolls over, supply quickly builds and demand disappears and the market becomes very illiquid on the “bid” side. […]
Continue readingI’ve Worked Through 4 Housing Bubbles – They All End The Same
The three primary drivers of the economy are starting to head south: retail, housing, autos. I can smell the housing market slipping away now…
Continue readingIt’s 2008 All Over Again
It’s BAAAAACK….
Continue readingAnother Crash Is Coming: Legendary Market Timer Unloads His Positions
Appearances can be deceiving and highly acclaimed investment guru Sam Zell isn’t buying the hype. In fact, he’s taking this opportunity to sell – in a VERY big way…
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