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Josef Schumpeter's thesis is well on its way jimcramer KeiserReport BoomBustRT
Of course, it is called supply and demand.
This has been starting to creep up recently
Prices outpace lifetimes?
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Housing market slows as prices and rates rise, helping buyers in Denver, other citiesA house-hunting couple in Denver expected a long bidding war. Instead, they landed their dream home in 2 weeks. It is also Boomers are selling. Downsizing.
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Southern California home prices rise 7%, though some say the market is slowing - Los Angeles TimesSouthern California home prices kept rising in August, but sales fell as questions grow over whether the torrid housing market is finally cooling. Not a great time for homeowners... Budget is key! californiahomes That's across the Nation not only California? You mean the taxes on these homes was increased by 7%?
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Home-price gains decelerate again as housing market tries for a soft landing, Case-Shiller saysLean supply and strong demand have kept home prices rising out of reach of most buyers, until they started to balk. Now price gains are moderating - though not declining. Is that what we want to see in the housing market? It's a buyer's market!
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