by irdadmin | Jun 21, 2023 | Financial Markets, Housing Market, U.S. Economy
The following commentary is an excerpt from the June 18th issue of my short selling newsletter. EXPI is an MLM dressed in drag as competitor to Redfin and Zillow. Regardless, with sales activity in the housing market declining and with nothing in sight that will...
by irdadmin | Sep 15, 2022 | Financial Markets, Housing Market, U.S. Economy
The following commentary is an excerpt from the latest issue of my Short Seller’s Journal. In addition to my analysis, I provide my subscribers with specific short ideas, including the use of options. In the housing sector, my recent home run short ideas include...
by irdadmin | Aug 25, 2022 | Financial Markets, Housing Market, U.S. Economy
“The buyers just disappeared off the face of the earth.” – Shauna Pendleton, a Boise real-estate agent for Redfin Over the course of the summer, there’s been a stunning collapse in home sales. For July, new home sales fell 12.9% from June (seasonally...
by irdadmin | May 9, 2022 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
I’m starting to believe that the housing market may have hit a wall in April. The graphic below is my reconstitution of the two charts sourced from Reventure Consulting (RC). It’s self-explanatory: Amusingly, I’ve noticed articles in the mainstream...
by irdadmin | May 7, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The National Association of Realtors (NAR – existing home sales reports) and the Census Bureau (new home sales reports) report monthly sales on a “seasonally adjusted annualized rate” basis (SAAR). Notwithstanding the reliability – or lack...
