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Hot US housing markets turning cold


               
2013 Dec 16, 11:13pm   1,644 views  8 comments

by Bubbabeefcake   follow (1)  

http://www.theedgeproperty.com/global-market-watch/12012-hot-us-housing-markets-turning-cold-.html

Whether this is a reaction to the run-up in mortgage interest rates in recent months or represents a waning bid from the all-cash financial investors who have so often been marginal buyers is unclear. Either way, volatility in house prices may now prove to be a feature of the system rather than a bug.

#housing

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1   Bubbabeefcake   2013 Dec 16, 11:41pm  

Mark Hanson, a real estate adviser and mortgage banking veteran, argues that as supply and volume usually lead price, we could be on the verge of a substantial downdraft in values. “I feel like it’s 2006-2007 again,” Hanson said. “Data are everywhere but nobody is looking, or wants to look.”

2   bubblesitter   2013 Dec 17, 1:33am  

Call it Crazy says

Sounds like a certain slumlord here that is petrified that his empire might lose value...

Well, yeah, Now that Roberta is outa here..some one has to fill in!

3   Bubbabeefcake   2013 Dec 17, 2:09am  

Sam1000 says

Values will not drop

RE Shills jaws will drop when they succumb to the realization that housing is toast

4   exfatguy   2013 Dec 17, 2:15am  

If you didn't buy in 1986, er, 1992, er, 1995, er, 2007, er 2009, you're never going to.

5   Bubbabeefcake   2013 Dec 17, 3:14am  

If you didn't buy in 1986, er, 1992, er, 1995, er, 2007, er 2009, you're never going to.

If you didn't buy inflated bubble prices ...you'll never be a knifecatcher or bagholder when SHTF...

6   Analyzer   2013 Dec 17, 4:41am  

Bubbabear says


If you didn't buy in 1986, er, 1992, er, 1995, er, 2007, er 2009, you're never going to.


If you didn't buy inflated bubble prices ...you'll never be a knifecatcher or bagholder when SHTF...

If you never buy you will live a more stress free life and not have to endure the agony of whether you bought at the right time.............

7   MAGA   2013 Dec 17, 4:43am  

I'd like to see the Realtor's turn cold as well. Six feet underground....

8   Analyzer   2013 Dec 17, 4:45am  

jvolstad says

I'd like to see the Realtor's turn cold as well. Six feet underground....

Not to put anyone down, but why do we need realtors for single family homes?

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