"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 33 mins Twitter CEO: The World Will Have A Single Currency
  • 2 hours Asian Currency Correction Could Signal Looming Crisis
  • 3 hours Best Buy Drops Telecom Giant Over National Security Threat
  • 4 hours The Pros And Cons Of The Federal Interest Rate Hike
  • 5 hours Good News For Gold Bulls Despite Interest Rate Hike
  • 7 hours Trump Hits China With $50 Billion In Tariffs
  • 8 hours Russian Gold Reserves Hit Record High Amid Rising Tensions With West
  • 9 hours Stocks Pull Back Following Interest Rate Hike
  • 1 day Will Regulatory Rollbacks Make Banks 'Too Big To Fail?'
  • 1 day Elon Musk’s $2.6 Billion Tesla Challenge
  • 1 day Tech Giants Could Be First Victims Of U.S. Trade War
  • 1 day Dow Gains Despite Fed’s Rate Hike
  • 1 day The Biggest Threat To Chinese Oil Futures
  • 1 day Spending Bill Could Cause U.S. Debt To Soar To 99% Of GDP
  • 1 day Precious Metals Slide Ahead Of Fed’s Interest Rate Decision
  • 1 day China’s Soft Power Grab May Be Bad News For Emerging Economies
  • 2 days The Secretive Wall Street Firm Betting On Bitcoin
  • 2 days ‘Data Is King’: The Oil Industry’s Next Most Valuable Resource
  • 2 days Google Invests $300 Million To Combat Fake News
  • 2 days Zuckerberg Dodges A Bullet As Facebook Loses Billions
Economic Pressures Weigh On Banks And Borrowers

Economic Pressures Weigh On Banks And Borrowers

Banks and borrowers are under…

Is Barrick Gold Close To Finding A Bottom?

Is Barrick Gold Close To Finding A Bottom?

Barrick gold has been a…

Stocks Pull Back Following Interest Rate Hike

Stocks Pull Back Following Interest Rate Hike

Fed's interest rate hike drove…

Real Estate: May 2017

Our last special comment on US real estate was published in August 2006, just a month after the actual peak in prices. Although not mentioned, the timing was prompted by a rare signal from our Peak Momentum Forecaster. It got over 1.20 signaling that whatever the big speculation was focused on was peaking.

The hottest phenomenon that fateful summer was residential real estate.

By anecdote and price, North American residential real estate has again become highly speculative. This time around, our "Forecaster" is not giving a signal, but the play has become very frothy. As global credit markets reverse to adversity after mid-year, the mania will begin to fail.

The link to the 2006 special study follows:


"U.S. Housing: Going From Good to Great"

- Seeking Alpha, May 8.

"Asian Investors Bullish On US Property"

- Bangkok Post, May 9.

"The housing market is on fire, as sales surge and prices keep rising."

- Wall Street Journal, May 15.

"It'll cost you $2.5 million to live in this mobile home in a trailer park in California."

- Money-ish.com, May 16.


Back to homepage

Leave a comment

Leave a comment

Sign Up For The Safehaven Newsletter