Housing Still Wild

by

Before the S&P data, a heads up to look at the CNN story about “76 all-cash offers on one home. The housing madness shows no signs of slowing.”

Proper foreplay for this morning’s S&P Housing report?

“NEW YORK, MARCH 30, 2021: S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2021 show that home prices continue to increase across the U.S.

YEAR-OVER-YEAR

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported an 11.2% annual gain in January, up from 10.4% in the previous month. The 10-City Composite annual increase came in at 10.9%, up from 9.9% in the previous month. The 20-City Composite posted an 11.1% year-over-year gain, up from 10.2% in the previous month.

Phoenix, Seattle, and San Diego continued to report the highest year-over-year gains among the 20 cities in January.

MONTH-OVER-MONTH
Before seasonal adjustment, the U.S. National Index posted a 0.9% month-over-month increase, while the 10-City and 20-City Composites both posted increases of 0.9% and 0.8% respectively in December.
After seasonal adjustment, the U.S. National Index posted a month-over-month increase of 1.3%, while the 10-City and 20-City Composites both posted increases of 1.2% and 1.3% respectively. In December, 18 cities (excluding Detroit) reported increases before seasonal adjustment, while all 19 cities reported increases after seasonal adjustment.

ANALYSIS
“Home prices finished 2020 with double-digit gains, as the National Composite Index rose by 10.4% compared to year-ago levels,” says Craig J. Lazzara, Managing Director and Global Head of Index Investment Strategy at S&P DJI. “The trend of accelerating prices that began in June 2020 has now reached its seventh month and is also reflected in the 10- and 20-City Composites (up 9.8% and 10.1%, respectively). The market’s strength continues to be broadly-based: 18 of the 19 cities for which
we have December data rose, and 18 cities gained more in the 12 months ended in December than they had gained in the 12 months ended in November.”

After the housing number Dow was down about 43 heading into the opening.

More on the ‘morrow on the Peoplenomics.com site.

George@Ure.net

15 thoughts on “Housing Still Wild”

  1. Two fore twosday.

    Hmmmmm. Thank! you indirectly answered another question I had. Lol

    Will do a write up on biogenesis later today. With picture results. 14 month experiment using myself as a genie pig. For 14 months I have been usi mg verious methods to alter my physical appearance and reprogramming my subconscious mind especially in how it thinks.

    Ya see the people who are in prison cells, are the batteries that fuel the environment of the prison. Whether they be behind bars or in biological cells. DNA and how to alter your DNA using various methods to reverse biological degeneration. In essence the principles taught in verious systems such as Chi-gong.

    I have altered my physical appearance from 50 years old to early 30s. No filters or any such thing on my pictures. The hardest part for me is the eyes. Although I have made some progress. Absolutely nobody thinks I’m 50 years old.

    I have to show my ID to several women lately who thought I was 32 at most. And yet I am coming up on 51. No plastic surgery and no botox or any of that shit. Simply using the power of the subconscious mind to alter my physical appearance with remarkable results.

    Off to the gym, because a healthy, agile body is the most important tool you will have when the shit hits the fan besides a quick and agile mind. :)

    Some people I havent seen in a year dont even recognize me. They know my unmistakable voice tho.

    It’s not magic, its science! Mind over matter.

    Have wonderful day. Much love

      • Ohhh I was just gonna write it up on my site. You think I should see it as a book? Maybe show the before and after then write a little book on principal and practical application. Sorta like Ure how to live on $10,000 a year. One of my favorites and I use those principles on the regular.

        Sell it for like $10? That is a good idea. Pretty amazing results in 14 months. Ok, gotta get. I got speak at 9am. Love love love cultivating young minds to see the solutions within themselves. radical psychic change. So to speak. :)

    • 14 months? That’s outrageous! A bottle of haircolor will do it in an hour… especially for us ‘greys’. LOL

  3. Used houses by me are flying off the shelf. Typically I’ll see a “Coming Soon” sign then within two weeks, “Sale Pending”.

    Starting ask on new houses a mile or two over is “Upper 400s”, which is $495.

    The payment estimator on a 3,00 sq. ft. place says:
    Ask 590K
    Down 118K
    Rate 3.375%
    Estimated P&I Payment,$2,087.

    No mention of taxes/insurance.

    • LOL LOL LOL 118 down.. just take it out of petty cash LOL LOL LOL….
      to be able to even rent a place for a thousand a month here you have to have a co signer at twenty dollars an hour.. home owners insurance at a sixth of the price is at one hundred and fifty a month here.. so.. double that or tripple it.. three grand a month.. taxes.. the same thing..
      would the fifteen dollar an hour minimum wage cover that.. LOL LOL… oh wait average income here is just between nine dollars an hour to ten dollars and fifty cents an hour LOL LOL LOL…
      I am not sure about the vast majority.. but we live paycheck to paycheck..

  4. Is that 300 SF or 3000SF?
    I’m in Alabama and watch the real estate shows with my chin on my chest most of the time.

  5. we are beaten george . the world is lost . nothing can save us now . we are all prisoners . forced kill shots are here for good worldwide . time to make preparations to disappear . never underestimate evil or the complacency of zombie population .

  6. Every facet of our lives is controlled . Time to disappear and connect with Mother Nature and all her beauty and strength in some isolated remote place . Not beaten . No way . Just time to retreat and regroup . And most of all NO kill shot

    • Let us know where you find such a place. I’ve been thinking about this for years and I’m sure there are others here who would love to “regroup” with like-minded freedom lovers.

      • Siberia, Patagonia, the Alaskan interior and the Yukon & Northwest Territories — essentially places where government is light and regulations few, because the weather is so difficult and extreme that bureaucrats fear to tread.

        Places like the Mojave and the interior of Africa and Aussieland are reasonably free, but only because they’re sparsely-populated. They’re still subject to the laws of the citified flatlanders, and are accessible whenever government chooses to come by and “help you.”

  7. the only way to stop it is destroy their economic platform . buying yellow dog sheetcoin or real estate or stocks plays right into their hands .. short short short . create a tsunami they can never cover even with robots and algos . if you love your kids do this .keep it simple

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