Some refer to this behavior as the “Greater Fool Theory,” since investors know they are overpaying but nevertheless believe ...
Ezra Klein had a classic column in the New York Times today where he advertises in his title, “America’s Housing Crisis, in One Chart.” The chart he highlights — new housing units per capita — is ...
Michael S. Eisenga, CEO of First American Properties , today released a detailed statement addressing rising stress signals across the U.S. housing market and broader economy. Drawing on recent ...
Despite a cumulative 125bps easing in the Fed Funds rate (about to be 150bps Wednesday) since last summer, average 30-Year ...
U.S. housing market faces a potential price correction as home prices reach unsustainable, bubble-like levels, driven by pandemic-era stimulus and low rates. Four converging factors—economic slowdown, ...
WASHINGTON, Sept 17 (Reuters) - U.S. single-family homebuilding plunged to a near 2-1/2-year low in August amid a glut of unsold new houses, suggesting the housing market could remain an economic ...