to subscribe to our Tweets or to Subscribe to free Email RSS Feed Updates.

The party’s over…“This” central-bank and debt-induced, unorthodox capital and liquidity fueled, mega-housing bubble 2.0 is now an orphan; 2nd episode of the season’s “Million Dollar Listing, LA” was gloomy; night & day vs last season’s ‘exuberance’; SoCal higher-end supply surging, demand abysmal (was performing better than other core, higher end markets such as NYC, Miami,
Today’s Bloomberg article highlights the exact same downtrend, as has been occurring in numerous other core markets, nationally. Years ago, these markets were the catalysts for bubble 2.0 (that began to blow not coincidentally around the exact same time in late ’11 that the Fed rolled out Twist ops).  They are also the catalysts /
My fresh July housing data are in and mostly processed. But, before I release data on the sudden, mid-summer weakness, which supports my “pulled forward season and back-half air-pocket” thesis, I am releasing this note on supply, which is surging in key, leading indicating markets. Bottom line:  In some of California’s most popular and economically
Note, my piece below on one of the stiffest headwinds to hit hot, momo, mid-to-high end housing markets since the loss of exotic loans in 2007/08 — published for clients last week — is timely, as the month of July formally ends today and I am getting reports from sources in mid-to-high end regions all