Real Estate Disaster 2.0 Continues To Gather Pace

houseingbubble-investwithalex Real estate collapse 2.0 predicted here in October of 2013, when I called for the housing market (dead cat bounce) top, continues to accelerate. Back than most people thought that I had lost my mind and/or that I had just escaped from a mental institution. …..which is expected by now.  In fact, the number of data points that confirm my original forecast is staggering. Here are a just a few.

  1. U.S. house price gains seen moderating over next few years: poll  – Moderating? “About to collapse” would be a more accurate description. 
  2. The Most Overlooked Statistic in Economics Is Poised for an Epic Comeback: Household Formation –  Yep, no one is getting married and no one (young people) has any money left after making payments on their student debt. Disaster. 
  3. Borrowers Tap Their Homes at a Hot Clip – Who said that people learn from their mistakes? 
  4. The Number Of California Real Estate Agents Collapses 30% – What about all of those investors buying hand over fist for cash? Don’t they need realtors?
  5. “Pent-Up” Pending Home Sales Demand Missing; Down 9.4% YoY – Yep. 

  6. Zero Down Payment? China’s Developers Get Desperate – And let’s not forget about the biggest housing bubble on the face of the Earth.

Here is the bottom line. If you are thinking about buying a house, understand, you are buying at the very top. If you are thinking about selling…..you have about 3-6 months max before this real estate market trend really accelerates and becomes apparent to everyone else.

Z31