The Most Splendid Housing Bubbles in America, April 2024 Update. Biggest Price Drops from 2022 Peak in San Francisco, Seattle, Phoenix, Portland, Denver, Las Vegas, Dallas
New Highs in Miami, Los Angeles, San Diego, Boston, Chicago… The S&P CoreLogic Case-Shiller Home Price Index, released today and dubbed “March,” is a three-month moving average of home prices whose sales were entered into public records in January, February, and March. So that’s the time-frame we’re looking at here. It reflects Rate-Cut Mania that commenced in […]
Central Park’s party-pooper rules baffle New Yorkers — with bubbles, balloons and ‘active sports’ off limits
This will cause the bubble to burst. Bubbles, balloons, tables and chairs, and even tug-of-war are off-limits at the celebration in Central Park, an unflattering ordinance that has left parents perplexed. Parents are speaking out about the arcane rules that must be followed when larger numbers of people gather. than 20. “I received permission for […]
The Most Splendid Housing Bubbles in America, December 2023 Update
Down from 2022 highs: San Francisco -12%, Seattle -11%, Portland -6%; Denver, Phoenix, Las Vegas -5%; Dallas -4%, San Diego -2%, Los Angeles -1%. But new highs in 8 metros. Today’s S&P CoreLogic Case-Shiller Home Price Index for “October” is a three-month moving average of home prices whose sales were entered into public records in August, September, […]