By Bob Stokes
4/13/2012 5:15:00 PM
As bubbles balloon in individual sectors of the economy, the psychology of the pre-financial crisis days have returned. That's why it's important to remember that hardly anyone was concerned about the real estate market in 2006. Then the whole house of cards fell in. Now consider the entire global debt market: the biggest bubble of all time...
Filed Under: commercial real estate, credit crisis, debt crisis, deflation, history, home sales, housing prices, Robert Prechter
Category: U.S. Economy
By Bob Stokes
3/6/2012 5:45:00 PM
Anyone who bought near the housing mania peak was left holding the bag -- and in the bag was a mortgage that today exceeds the value of the property. Lesson learned? Apparently not...
Filed Under: foreclosures, home sales, housing prices
Category: Real Estate
By Bob Stokes
2/17/2012 5:45:00 PM
As any homeowner knows, one unexpected repair can run into the thousands of dollars. Then there's the maintenance (and other costs) you do expect, which add up to a pretty penny by the end of a given year. On the other hand, homeowners do get tax breaks. But even considering that, is a house or condominium a good investment?...
Filed Under: foreclosures, home sales, housing prices, Robert Prechter
Category: Real Estate
By Nico Isaac
2/14/2012 5:00:00 PM
You can judge market sentiment in more ways than one. For example, cover pages of popular periodicals can give you a glimpse of the prevailing mood in the market. When a financial trend is so strong, or in force for so long -- or both -- that it makes the cover, the trend is usually fully acted upon, and therefore close to a reversal. Here at Elliott wave International, we've often used this phenomenon to help us gauge how extreme market sentiment has become -- and therefore, how close is the market in question to a reversal.
Filed Under: bull market, Chinese markets, credit crisis, Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Principle, housing prices, Lehman Brothers, Magazine Cover Indicator, Shanghai Composite Index, social mood
Category: Stocks
By Bob Stokes
1/31/2012 5:45:00 PM
Will the wide swaths of vacant homes now visible in Detroit, Cleveland, Las Vegas and Florida become common elsewhere?...
Filed Under: consumer confidence, deflation, foreclosures, home sales, housing prices
Category: Real Estate
Do Housing Prices Hurt/Help US Stocks?
See an eye-opening chart in Robert Prechter's current Elliott Wave Theorist that sets the record straight
By Nico Isaac
1/31/2012 5:00:00 PM
"Fundamental" analysis of financial markets follows one simple formula: negative economic data equal a fall in stock prices; positive data equal a rise. And, underneath every mainstream finanical news report, this equation lies. Take, for example, the long-awaited release of the S&P/Case-Shiller Index of US Property Values in 20 major cities.
Filed Under: Bob Prechter, debt, deflation, Elliott wave, Elliott Wave Theorist, fundamental analysis, housing prices, inflation, prechter, S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
By Robert Folsom
1/23/2012 5:45:00 PM
The difference here is that Prechter examines mostly long-term data, which is why he's able in turn to reveal the very long-term economic story. Most conventional economists only scrutinize marginal changes in monthly data. It doesn't even occur to them to study a 100-year chart, much less glean the trends that emerge from many such charts...
Filed Under: Bob Prechter, Elliott Wave Theorist, home sales, housing prices
Category: U.S. Economy
Can The Fed Rebuild The US Housing Market?
Robert Prechter's latest Elliott Wave Theorist shows you compelling evidence on whether the wait for a housing recovery is almost over
By Nico Isaac
1/23/2012 5:30:00 PM
As the leading US economists look ahead to the future, they see one glaring obstacle standing in the way to lasting recovery: the still, defunct real estate market. And, according to many mainstream experts, there is one surefire way to turn the housing sector around: government stimulus, stimulus, and more stimulus.
Filed Under: central banks, home sales, housing prices, Interest Rates, prechter, Robert Prechter, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, Wall Street
Category: Real Estate
By Bob Stokes
12/5/2011 5:00:00 PM
Economic reports will not help you identify market turning points. The market's Elliott wave structure will. The price pattern we see reveals a stock market trend which most investors do not expect...
Filed Under: Elliott wave, Elliott Wave Theorist, housing prices, market forecasts, Robert Prechter, unemployment
Category: Stocks
By Bob Stokes
11/11/2011 5:30:00 PM
Many home sellers wait hopefully for the real estate market to bounce back. But they may be waiting longer than they anticipate...
Filed Under: deflation, Elliott wave, housing prices, investor psychology, Robert Prechter
Category: Real Estate
By Bob Stokes
10/12/2011 5:30:00 PM
Today's stock market has plenty of cheerleaders -- even as the rot spreads throughout the economy. Real estate and homebuilding sectors alike continue to decline in the wake of the mortgage meltdown. Municipalities continue to have growing budget problems. We're not talking about a "small town" bankruptcy, either...
Filed Under: debt crisis, economic depression, Elliott Wave Theorist, housing prices, investor psychology, municipal bonds, U.S. Treasuries
Category: U.S. Economy
Vultures Circle the US Housing Market, Again
Why EWI's team of analysts, including Bob Prechter in his Conquer the Crash, foresaw the real estate crash -- and what Elliott wave analysis suggest for housing now
By Nico Isaac
9/27/2011 4:00:00 PM
On site of the gruesome real estate crash, financial paramedics have tried every resuscitating trick in the book to revive their dying patient: Trillions of dollars in government bailouts; repeated first-time buyer tax breaks; and record low mortgage rates. Yet, the US housing market is showing no gain activity.
Filed Under: Robert Prechter, conquer the crash, credit crisis, housing prices, Robert Prechter, subprime lending
Category: Real Estate
By Nico Isaac
9/22/2011 9:45:00 AM
When it comes to the US housing market, bigger no longer means better. A slew of recent news items confirm that the hunt for smaller homes is officially on. As for why? The August Socionomist reveals a long-term correlation between the average size of US homes and the rise and fall in social mood.
Filed Under: housing prices, socionomics, The Socionomist
Category: Real Estate
By Bob Stokes
9/16/2011 3:30:00 PM
Have you heard what Freddie Mac just announced? The 30-year fixed rate fell to 4.09 percent -- the lowest in six decades. But many "want-to-be" homeowners aren't in a position to take advantage of that. Here's why...
Filed Under: deflation, Elliott Wave Theorist, housing prices, Robert Prechter
Category: Real Estate
By Nathaniel Williams
8/29/2011 4:45:00 AM
Aug. 26 brought another round of disappointing news for real estate, which has prompted some to suggest it's time the Fed intervened. But what's most ironic is that the Fed denied the housing bubble's existence in the first place...
Filed Under: Bernanke, housing prices, Short Term Update, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
The Downturn Returns -- and Houses Get Crowded
"The worst thing about real estate is its lack of liquidity during a bear market." -- Robert Prechter, Conquer the Crash
By Susan C. Walker
8/19/2011 12:15:00 PM
We now all live with a massive glut of real estate, which keeps housing prices low. But either no one wants to buy or they can't afford to buy. Add to that the latest statistics on new home sales and a few other areas, such as consumer sentiment and auto sales, and you can see that the economic downturn has returned.
Filed Under: conquer the crash, consumer confidence, housing prices, social mood
Category: U.S. Economy
By Bob Stokes
7/29/2011 5:00:00 PM
The Fed's easy money campaign has defined the front line of that "war on credit." The problem is that it just hasn't worked...
Filed Under: Robert Prechter, Elliott Wave Theorist, housing prices, monetary policy, QE2, quantitative easing, stimulus package, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
7/21/2011 5:30:00 PM
An overpriced listing will deter buyers even in a good housing market. Yet today's market includes an added risk...
Filed Under: commercial real estate, deflation, foreclosures, housing prices, Robert Prechter
Category: Real Estate
Money in the Bank: Does It Still Mean "Safe and Sound?"
Elliott Wave International's free report "Discover the Top 100 Safest U.S. Banks" explains the true risk that you may face when a bank fails.
By Hope Welborn
6/8/2011 3:15:00 PM
Some economists claim we're in a recovery, yet hundreds of smaller financial institutions still suffer from the debt crisis that began a few years back.
Filed Under: Robert Prechter, central banks, Club EWI, conquer the crash, Federal Deposit Insurance Corporation (FDIC), foreclosures, housing prices, liquidity, personal finance, recession, unemployment
Category: Classic Prechter
By Bob Stokes
6/6/2011 5:15:00 PM
Home prices were on a "one-way street" -- namely up. But as we know, the trend in real estate prices did an abrupt U-turn. Now it's traveling swiftly in the opposite lane. How long will this downward trend continue?...
Filed Under: 1929 Stock Market Crash, conquer the crash, economic depression, foreclosures, housing prices, subprime lending
Category: Real Estate