Vital Signs

8.2K posts

Vital Signs

Vital Signs

@jgpuck99

Katılım Kasım 2022
20 Takip Edilen189 Takipçiler
IGO
IGO@IGHO_2022·
@franzialover @jgpuck99 @erichhartmann ppl can't afford the payment (at current prices) on the houses they own but they are going to sell for covid prices (delusional sellers)...82% say now is not a good time to buy a house it's just rich ppl trading houses right now
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Vital Signs
Vital Signs@jgpuck99·
@dgsommersmkts Oh Massie. We luv ya, but libertarians in deep red houses seats can be annoying. They have zero chance to win statewide much less presidential victories
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Vital Signs
Vital Signs@jgpuck99·
@franzialover @erichhartmann @IGHO_2022 Sure but this is not true in many/most markets. Yes the existing sfh transactions are way down but who cares besides realtors? For ex: here in CA sellers r in control. The sell prices continue to rise in most markets (im only talking existing sfh - no condos or new builds).
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Van Alden
Van Alden@franzialover·
@jgpuck99 @erichhartmann @IGHO_2022 There doesn't need to be a crash. The housing market has ground to a halt. There is a mismatch between buyers and sellers. Buyers can't pay the asking price. All the equity over the past 5 years is fake.
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Vital Signs
Vital Signs@jgpuck99·
@franzialover @erichhartmann @IGHO_2022 With the fed and state & federal govt bailouts they are indeed “holding out”. We have been hearing a home price crash is coming “next year” every year since 2022. They will not allow foreclosures, defaults, or deflation.
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Vital Signs
Vital Signs@jgpuck99·
@dgsommersmkts But DiMartino-Booth said we defeated inflation and the FED needs to slash rates & do QE!?
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David Sommers
David Sommers@dgsommersmkts·
Where would mortgage rates be today if the Fed had never intervened in the mortgage-backed securities market? The Fed's ownership of these securities was zero in 2008. What would happen to mortgage rates if the Fed exited the MBS market?
David Sommers tweet media
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Jon Brooks
Jon Brooks@jonbrooks·
@PeterSchiff This is all politicians. They just print and screw over future generations
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Peter Schiff
Peter Schiff@PeterSchiff·
Treasury Secretary Scott Bessent said that it’s ridiculous to ask whether Trump would consider raising taxes to pay for the war. That confirms Trump’s intent to pay for the war with more debt and higher inflation. The biggest threat to the U.S. comes from Washington, not Iran.
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Vital Signs
Vital Signs@jgpuck99·
@jonbrooks Yes, but it does not mean home comp prices will meaningfully deflate
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Jon Brooks
Jon Brooks@jonbrooks·
Are we in a housing bubble? Yes or no.
Jon Brooks tweet media
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Jon Brooks
Jon Brooks@jonbrooks·
This map tells you everything you need to know about housing right now. Prices are falling in most major metros… while inventory is rising at the same time. That’s not normal. That’s supply finally overwhelming demand. And look where it’s happening: Sun Belt = red Northeast/Midwest = holding up This isn’t a national housing story anymore. It’s a two-market system: • Oversupplied → price cuts • Undersupplied → stability Every market is micro, study accordingly.
Jon Brooks tweet media
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Vital Signs
Vital Signs@jgpuck99·
@nickgerli1 @DiMartinoBooth Same old tho. Southern states, tx, fl, etc. Also lets see rents for single family homes, not condos or apts. still going up
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Nick Gerli
Nick Gerli@nickgerli1·
Rental market deflation is spreading across the U.S. Austin is down 22% from peak. Fort Myers is down 19% Denver is -13% Atlanta is -11% Nashville is -11% Dallas is -11% Landlords are doing big rent cuts across the Sun Belt and West. In some cases, they're even offering 3 months free rent (20-25% net rent cuts). This is great news for renters and homebuyers.
Nick Gerli tweet media
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Jon Brooks
Jon Brooks@jonbrooks·
Builders are paying you $100K to buy their homes And inventory is still piling up Now imagine supply without the incentives
Jon Brooks tweet media
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Reniec
Reniec@Reniec7·
@DiMartinoBooth No one will buy them. The kids without homes will live in them.
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Jon Brooks
Jon Brooks@jonbrooks·
I cannot express HOW bad it is when the stock market falls and interest rates spike at the same time. It's a double whammy to housing, that is already on the edge of the cliff.
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