Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-57585 Fri, 28 Aug 2015 14:09:46 GMT NAR: U.S. pending home sales flat http://implode-explode.com/viewnews/2015-08-28_NARUSpendinghomesalesflat.html iehi-feed-57555 Tue, 25 Aug 2015 16:39:57 GMT U.S. Home Prices Remain Flat in June, Case-Shiller Says http://implode-explode.com/viewnews/2015-08-25_USHomePricesRemainFlatinJuneCaseShillerSays.html iehi-feed-57537 Sun, 23 Aug 2015 14:57:14 GMT Foreign "Smart Money" Frets about Turmoil at Home, Flees, Plows into US Housing Bubble 2, Thinks it's a "Safe Haven" http://implode-explode.com/viewnews/2015-08-23_ForeignSmartMoneyFretsaboutTurmoilatHomeFleesPlowsintoUSHousingB.html [N]ever have so many Chinese quietly moved so much money out of the country at such a fast pace. Nowhere is that Sino capital flight more prevalent than into the US residential real estate market, where billions are rapidly pouring into the American Dream. From New York to Los Angeles, China's nouveau riche are going on a housing shopping spree.

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Among California cities that are hot with Chinese investors: Alhambra, Arcadia, Irvine, Monterey Park, San Francisco, San Marino, and in recent years Orange County, "a once heavily white middle-class suburb that is now 40% Asian and becoming increasingly expensive," according to RealtyTrac:

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"In Manhattan, we estimate that 15% of all transactions are to foreign buyers," Jonathan Miller, president of New York real estate appraisal firm Miller Samuel Inc., told RealtyTrac. "Luxury real estate is the new global currency," he said. "Foreigners are putting their cash into a hard asset." And they see US real estate as "global safe haven."

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iehi-feed-57518 Thu, 20 Aug 2015 16:59:56 GMT US Stocks Tumble Even As Home Sales Hit Post-Recession High http://implode-explode.com/viewnews/2015-08-20_USStocksTumbleEvenAsHomeSalesHitPostRecessionHigh.html here is ZeroHedge counter-spinning with the point that this sales figure was boosted by lots of cash sales in the South.]]> iehi-feed-57504 Wed, 19 Aug 2015 19:47:38 GMT U.S. housing regulator targets more support for poor borrowers http://implode-explode.com/viewnews/2015-08-19_UShousingregulatortargetsmoresupportforpoorborrowers.html iehi-feed-57503 Wed, 19 Aug 2015 17:20:40 GMT Here's Proof That Core CPI Is Really +3%, Not +1.8% | The Wall Street Examiner http://implode-explode.com/viewnews/2015-08-19_HeresProofThatCoreCPIIsReally3Not18TheWallStreetExaminer.html iehi-feed-57502 Wed, 19 Aug 2015 14:45:17 GMT Housing: Cash Sales Continue Year-over-Year Retreat http://implode-explode.com/viewnews/2015-08-19_HousingCashSalesContinueYearoverYearRetreat.html iehi-feed-57474 Sun, 16 Aug 2015 13:50:29 GMT China creates new city planning categories and could shift growth to cities with 5 million or less population http://implode-explode.com/viewnews/2015-08-16_Chinacreatesnewcityplanningcategoriesandcouldshiftgrowthtocities.html iehi-feed-57460 Thu, 13 Aug 2015 17:08:38 GMT Rent Bubble = Housing Bubble = Rent Bubble http://implode-explode.com/viewnews/2015-08-13_RentBubbleHousingBubbleRentBubble.html iehi-feed-57459 Thu, 13 Aug 2015 17:06:28 GMT Vancouver's Revolting! This Is One Housing Bubble Ready to Pop http://implode-explode.com/viewnews/2015-08-13_VancouversRevoltingThisIsOneHousingBubbleReadytoPop.html iehi-feed-57437 Tue, 11 Aug 2015 21:32:19 GMT The median home price here is $980,000 http://implode-explode.com/viewnews/2015-08-11_Themedianhomepricehereis980000.html iehi-feed-57356 Sun, 02 Aug 2015 19:07:54 GMT The 1991 Donald Trump Documentary He Tried To Suppress http://implode-explode.com/viewnews/2015-08-02_The1991DonaldTrumpDocumentaryHeTriedToSuppress.html iehi-feed-57276 Wed, 22 Jul 2015 23:04:03 GMT Mouthpiece Of The Mob Says Existing Home Sales Are All Good News | Wall Street Examiner http://implode-explode.com/viewnews/2015-07-22_MouthpieceOfTheMobSaysExistingHomeSalesAreAllGoodNewsWallStreetE.html iehi-feed-57175 Thu, 09 Jul 2015 16:38:23 GMT The renterfication of the United States http://implode-explode.com/viewnews/2015-07-09_TherenterficationoftheUnitedStates.html iehi-feed-57090 Tue, 30 Jun 2015 13:31:53 GMT U.S. Pending Home Sales at Highest Level in Nine Years http://implode-explode.com/viewnews/2015-06-30_USPendingHomeSalesatHighestLevelinNineYears.html NAR reported a sharp pickup in existing home sales following a dip in April. Sales of existing homes soared 5.1% in May to a seasonally adjusted rate of 5.35 million, the highest level since November 2009, a time when government incentives in the wake of the recession boosted the real-estate market. This year's sales have exceeded last year's for eight straight months and stand at 9.2% above last year..

But existing home sales, which account for about 90% of the market, are still well below their prerecession peak, when they routinely exceeded 6 million and even topped 7 million for part of 2005.

This may be a blow-off peak before the Fed-induced liquidity bubble pops...

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iehi-feed-57037 Wed, 24 Jun 2015 14:59:06 GMT Hillary wants prosperity, Fonda joins Greenpeace, Yellen Says Crisis "Set to Fade," and other annoying nonsense | Mandelman Matters http://implode-explode.com/viewnews/2015-06-24_HillarywantsprosperityFondajoinsGreenpeaceYellenSaysCrisisSettoF.html iehi-feed-57033 Tue, 23 Jun 2015 18:31:23 GMT Home Sales Surge as Prices Pick Up (HIGH-END OF MARKET BREAKS OUT THE CHAMPAGNE!!) http://implode-explode.com/viewnews/2015-06-23_HomeSalesSurgeasPricesPickUpHIGHENDOFMARKETBREAKSOUTTHECHAMPAGNE.html iehi-feed-57023 Mon, 22 Jun 2015 13:42:35 GMT Australian housing market facing 'bloodbath' collapse: economists http://implode-explode.com/viewnews/2015-06-22_Australianhousingmarketfacingbloodbathcollapseeconomists.html iehi-feed-56987 Tue, 16 Jun 2015 20:59:19 GMT Foreign investors pose threat to residential real estate http://implode-explode.com/viewnews/2015-06-16_Foreigninvestorsposethreattoresidentialrealestate.html iehi-feed-56984 Tue, 16 Jun 2015 20:52:08 GMT Discover to close mortgage origination business, cut 460 jobs (BEATING EXIT AFTER 3 YEARS!!) http://implode-explode.com/viewnews/2015-06-16_Discovertoclosemortgageoriginationbusinesscut460jobsBEATINGEXITA.html