The housing market is starting to overheat. Again.
According to the latest BLS data, average hourly wages for all US workers in November rose at a relatively… 525 more words
Stan Burman reblogged this on California freelance paralegal.
Tags » Housing Bubble
Martin North - Liar Loans, Housing Ponzi in Australia??
Interview with Martin North on the state of Australian Real Estate market and the wider economy.
Martin North is the principal analyst at Digital Finance Analytics and can be found at – 17 more words
Bubblicious Housing – Having the Brains to Walk When It’s Time to Walk
Just over a decade following the real estate housing bubble bust across the nation, the market is experiencing another boom, as the folly of Wall Street and Washington never changes, it just shifts in appearance like a chameleon. 339 more words
Securitization and Standing
905 more wordsLike other decisions establishing the law of the land, the decisions of SCOTUS are often taken as advisory or optional. Nevertheless TILA Rescission and Article III standing have been affirmed by the Court of last resort.
China Ponders Tax to Slam Door on Housing Bubble
Financial Times (FT)
Hong Kong: Housing Authority’s latest sale of Home Ownership Scheme flats at HA Customer Service Centre in Hong Kong. Photo: Nora Tam, SCMP… 610 more words
ZeroHedge: It's Subprime Time! 2008 Part Deux-Coming to a Market near You!
The stock market is at record highs and people with FICO scores as low as 500 are once again happily obtaining mortgages. Not only that, but these mortgages are once again being securitized and are in demand by yield chasers. 656 more words
This is very bad news that virtually ensures that the next real estate crash will be worse than the last one.
