Home Prices Soar Most On Record As Fed Continues Bubble Blowing Policies

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Home Prices Soar Most On Record As Fed Continues Bubble Blowing Policies

zerohedge2021-05-13

The Federal Reserve continued to increase its holdings of mortgage-backed securities by the tune of $40 billion per month, fueling a housing bubble with record-low mortgage rates and low inventory. ...

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Kok
·2021-05-13
Pls like n comment. Tks!
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- Angelicious:
  Done
  2021-05-13
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ch888
·2021-05-13
good
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Swetash
·2021-05-13
Low interest
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- SC_stock:
  High
  2021-05-13
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Jackosen
·2021-05-13
Oh my
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- 小对象:
  K
  2021-05-13
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- Swetash:
  Yes
  2021-05-13
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Dtaylol
·2021-05-13
Wow
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- Dtaylol:
  wow
  2021-05-13
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- Swetash:
  Yeah
  2021-05-13
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And that time is not yet.\"\n\nBack to the report, Lawrence Yun, NAR chief economist, said, \"record-high home prices are happening across nearly all markets, big and small, even in those metros that have long been considered off-the-radar in prior years for many home-seekers.\"\nOf the 183 metro areas covered by NAR, 163 had double-digit price gains, up from 161 in the fourth quarter.\n\"The sudden price appreciation is impacting affordability, especially among first-time homebuyers,\" said Yun. \"With low inventory already impacting the market, added skyrocketing costs have left many families facing the reality of being priced out entirely.\"\nIn a separate report, Redfin's monthly data showed that in April, homes sold at their fastest pace on record with nearly half off-market within one week.\nQuantitative easing is a crapshoot, the Fed's overstimulation is fueling a housing bubble. Any taper announcement, possibly at Jackson Hole, could throw a wrench into the housing market later this year.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":191423567,"gmtCreate":1620900652159,"gmtModify":1704350129980,"author":{"id":"3560204717545571","authorId":"3560204717545571","name":"Kok","avatar":"https://static.tigerbbs.com/efc25bb5380f85af49509ed68d9a3d8f","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3560204717545571","authorIdStr":"3560204717545571"},"htmlText":"Pls like n comment. Tks!","listText":"Pls like n comment. Tks!","text":"Pls like n comment. Tks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191423567","repostId":1105633260,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4313749,"gmtCreate":1620902061421,"gmtModify":1680788515898,"authorId":3571571652270606,"author":{"id":3571571652270606,"idStr":"3571571652270606","authorId":3571571652270606,"name":"Angelicious","avatar":"https://static.tigerbbs.com/8d6b3ad2e386906d2452bb855ce86640","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191423567,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":191420016,"gmtCreate":1620900411835,"gmtModify":1704350126183,"author":{"id":"3581804654549595","authorId":"3581804654549595","name":"ch888","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581804654549595","authorIdStr":"3581804654549595"},"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191420016","repostId":1105633260,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191464016,"gmtCreate":1620900227835,"gmtModify":1704350123067,"author":{"id":"3582066628041538","authorId":"3582066628041538","name":"Swetash","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582066628041538","authorIdStr":"3582066628041538"},"htmlText":"Low 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