The Main Stages in a Bubble graphic (below) has been around for a while, and in my opinion the rise in home prices recently has been a bull trap. I first discussed the possibility of a bull trap in this… Read More ›
home prices
The Housing Bubble Returns – Here we go again…
FHA loans now make up 25% of the mortgage loans in the U.S. That is up from 3% just a couple years ago. I smell a bubble. Meet Phil Phorclosure. Phil meets the minimum requirements for an FHA (government) home… Read More ›
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