More data today on how we might be remaking the housing bubble
More stories today that all seem to relate to one another. They fit together with past topics we have covered that leave me wondering what is going on with how much debt is being willingly and even happily taken on by consumers – and it looks like folks are willing to take on lots more and potentially feed a housing/debt bubble. As I have said before, it feels just a little bit too familiar. So are we resurrecting the housing bubble that kicked us around so horribly in 2007? Sadly, it looks like we might. Lets look at the latest numbers and see where we are.
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- US Consumer Spending Highest Since 2008 As Economic Confidence Hits Record High: Gallup
- Consumers have never felt better about housing than they do right now
- CoreLogic: House Prices up 6.9% Year-over-year in January
- Millennials Leverage FHA Loans in January
- Millennials drive housing confidence higher, despite red-hot prices
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#realestate #2017 #debtbubble #consumerconfidence #millennials #ficoscores #investing #buying #selling #gallup