The United States housing bubble is showing more signs of peaking. The median home price in Seattle, WA has dropped ,000 in the past 3-months. Nationwide in the U.S. home prices have taken the biggest drop in about 10 years, over the past 2 quarters. Foreign buyers are starting to lose interest in the American housing market as housing bubbles begin to deflate in many parts of the world. Interest rates are projected to rise further, which will make it even harder for home prices to stay at these over-inflated levels . Housing is a huge driver for the entire economy, so when prices really begin to turn downward, we could see a snowball effect into the broader market and it could get ugly in a hurry!
Links ato articles used in this video found here: https://bit.ly/2QllUNA
Follow Bull Boom Bear Bust on Twitter: https://twitter.com/boom_bull
Please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel. Thank you for your support.
Thank you to all viewers and subscibers. I apologize that I do not typically have time to answer questions that are posted in comments. Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone’s personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often “one man’s opinion” and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due dilligence prior to making any significant decisions regarding financial and investment matters.
Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to credit you for your photo, data, website, or documents.
More info on U.S. Housing Bubble Bust? Home Prices Fall Nationally, Seattle Down K!!
-
Money
Rishi Sunak announced a plan to help home buyers get mortgages with deposits ... The average house price hit a new record high of £231,068 in February, according to a monthly index from ...
-
Boston Properties Prices $850.0 Million Offering of Green Bonds and Announces Redemption of 5.25% Series B Cumulative Redeemable Preferred Stock
The Depositary Shares will be redeemed at a redemption price of $25.00 per share, plus all accrued and unpaid dividends per share up to, but excluding, April 1, 2021 (the "Redemption Date"), which ...
-
It’s Time To Start Worrying About The Housing Market Again
At the end of 2017, I published this post on why we should start worrying about the housing ... price performance is similar to San Francisco’s. Meanwhile, hot cities like Seattle and Portland are ...
-
Fierce contests for scarce homes bring a long-awaited recovery to parts of Greater Cleveland, spur soaring offers in others
In Cleveland and its inner-ring suburbs, where some neighborhoods still haven't healed from the mid-2000s housing bust and ... years watching home values fall. Many suburbs rallied years ago. On ...
-
The Green Bubble
Yes, I am going to talk about bubbles again, but once again about one specific bubble: the bubble in anything (supposedly) green, particularly if it can be tied to the war against climate change. Like ...
-
Real estate is hot, but it’s not in a bubble: LendingTree
Home prices ... to the National Association of Realtors. That's the biggest gain in three decades. Those gains have consumers starting to get nervous. LendingTree (TREE) recently found that 41% of ...
-
Is This The Biggest Financial Bubble Ever? Hell Yes It Is
In the past couple of years, home prices in many places have blown through their 2006 bubble highs and are ... A stock market or housing bust requires much lower interest rates and bigger ...
-
Economic Policy Makers Double Down on Elusive Goal: Full Employment
WASHINGTON -- Driving down unemployment has become the overriding economic goal of top U.S. policy makers ... including housing. Home prices were up nearly 10% last year and show no sign of ...
-
Can Austrian Theory Explain Construction Employment?
Here's Kling on the construction bust ... to look at market prices as a gauge of the housing bubble; we can look at something physical, namely the percentage of homes that are vacant. Here too, the ...
-
International Finance Discussion Papers (IFDP)
We use these data to reassess the Great Recession and prior recessions. The Great Recession in many countries is a puzzle in that labor wedges are small, while those in the U.S. Great Recession - and ...
-
U.S. News
No charges will be filed against a suburban Detroit man who displayed a Ku Klux Klan flag in his window next to the home of a Black family According to the family, his last known whereabouts are ...
-
House prices 'to fall 30%'
Analysts at Capital Economics say it would take a fall of 22 per cent to bring the cost of homes ... boom and bust' cycle. Some London 'hot spots' have already seen prices marked down in recent ...