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4-25 Hanson…House Prices; Name This Era

The period from 2002 to 2007 is widely known as the “Great Credit/Housing Bubble”. Call the post-crash era whatever you like, but the house price charts below look very similar. In fact, the pace of house price gains during the Fed’s Twist/QE era was stronger than during the past bubble. The only thing that really
PLEASE FOLLOW ME @ https://twitter.com/MrMarkHanson   AMAZING STATS… I am a big believer in the power of “REFI CAPITAL CONVEYOR BELT” and all the” debt-prosperity” that refi-boomette’s bring.   In other words, if credit is income and refi’s are big credit, then refi-boomette’s are big income (and revenue). With a refi, not only can a borrower save hundreds of
PLEASE FOLLOW ME @ https://twitter.com/MrMarkHanson .  I put out much more regular detail and respond faster on a variety of housing & related subject matter than through the blog.   BOTTOM LINE:  Here and now, houses have never cost more to the end-user, mortgage-needing, shelter-buyer due to historical prices and the rate surge.  Based on
PLEASE FOLLOW ME @ https://twitter.com/MrMarkHanson .  I put out much more regular detail and respond faster on a variety of housing & related subject matter than through the blog.   Throughout history, the famous statement “this time it’s different” has led to fortunes being made and lost.  Usually, in that order.   “Flips are back
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