All Posts Tagged With: "forecast of national property values"
New housing crash trend and obvious severe risks in 15 key charts
The U.S. housing market is riddled with massive risks which will almost certainly lower prices.
4Dec2010 | MichaelWhite | 3 comments | ContinuedPending Home Sales Reconfirm the Market is Crashing
Three months of readings after the end of free down-payments, the inventory of purchase contracts rose just 5.25%. The inventory is still is at a record low with the exception of the two previous months – each of which were record lows in themselves.
3Sep2010 | MichaelWhite | 2 comments | ContinuedThe Five Stages of America’s Housing Bubble
The method to extricate ourselves from housing madness.
20Aug2010 | MichaelWhite | 0 comments | ContinuedHousing Prices Are Falling Again. We Have a Moral Obligation to Embrace The Trend.
Since I began in August to forecast a continuation of falling values, frequently I met with anger, disbelief, myopia. This week I wanted to take a closer look. So I pulled out one of the best number sets, and applied my crude math in exactly the same way I always do, but I did a close up on five years of data before and after the peak. The result is the chart you see below.
9May2010 | MichaelWhite | 7 comments | ContinuedNew Observations Quarterly Forecast of Property Values Estimates a Loss This Year of 13 Percent
The New Observations quarterly forecast of property values estimates a loss in values this year of 13 percent – a slight uptick from the 12% loss forecast at the beginning of the year.
8Apr2010 | MichaelWhite | 0 comments | Continued