5 Signs That The Housing Crash Is Escalating A Lot Faster Than Many Of The Experts Had Anticipated
By Michael Snyder The U.S. housing market is absolutely imploding, but nobody should be surprised. In fact, we were warned way ahead of time that…
Real Estate
Rent Going Up? One Company’s Algorithm Could Be Why.
By Heather Vogell, ProPublica, with data analysis by Haru Coryne, ProPublica, and Ryan Little ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The…
Searches For “Real Estate Market Crash” Highest In Internet History
By Tyler Durden Another milestone for the extremely confused elderly citizen in the White House basement. Analysis of Google Trends data reveals that searches for…
Home Robo-Flipper Opendoor “In Danger Zone” After Losing Money On 42% Of All Transactions
By Tyler Durden Last November, housing consultancy firm Zillow lobbed the first warning shot that the housing bubble had burst, when it shocked markets by…
“This Is The Sharpest Turn In The Housing Market Since The 2008 Crash” As Mortgage Rates Soar Above 6%
By Tyler Durden And the hits just keep on coming for the US housing sector. Three months after hitting the highest level in 14 years,…
These Are The Ten Worst US Cities For Renters
By Tyler Durden For cash-strapped renters crushed by the worst inflationary environment in four decades as real wages tumble, personal savings disappear, and credit cards…
The Other Shoe Drops: Blackstone Landlord Halts Home Purchases In 38 Cities As Market Crashes
By Tyler Durden One month after we reported that home prices finally dropped for the first time in year, an observation echoed yesterday by Black…
NYC Rental Market Sets A “Record Number Of Records”
By Tyler Durden Let’s revisit our housing note from mid-April, “Not A Peak” – Manhattan Apartment Rents Hit Another Record High, correctly pointing out how rent…
A “Housing Recession” Is Here, And It Isn’t Going To Be Fun…
By Michael Snyder Our concerns about the housing market have been confirmed. This week, the corporate news is full of headlines about the new “housing…
Rents for One-Bedroom Apartments in Manhattan Hit a Record High of $5,100 in July. Here’s Why
By Brad Polumbo Think your rent is too damn high? Well, taking a look at the latest figures out of Manhattan might make you feel…
Private Equity Vultures Target Trailer Parks, Hiking Rents And Neglecting Repairs
By Tyler Durden While Blackstone may be preparing to snap up some $50 billion in real estate during the coming crash, a constellation of out-of-state…
“We Decided To Stop Paying”: China’s Mortgage Payment Boycott Spreads As Property Suppliers Refuse To Pay Their Bills
By Tyler Durden The Great Debt Jubilee is picking up speed: China’s homebuyer mortgage boycott, which prompted Beijing to scramble to avoid a potentially devastating…
China On Verge Of Violent Debt Jubilee As “Disgruntled” Homebuyers Refuse To Pay Their Mortgage
By Tyler Durden While US snowflakes are all too happy to talk the talk (which remains free, even despite Biden’s hyperinflation), Chinese residents are increasingly…
Prepare For A Tidal Wave Of Evictions
By Tyler Durden A tidal wave of evictions could be ahead. More than eight million Americans are behind on rent payments, and the CDC’s series…