Real Estate and foreclosure thread

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Isn't that just helicopter money?
I mean, they gotta keep the circus afloat somehow.
That green paper with the funny pictures onnit is easy to print up and hand out.
A lot easier than having it all burn down on your shift.
 
Kinda yes and kinda no.... Because its all money that would/should have been flowing to the banks from borrowers as normal loan payments. It is a HUGE banker bailout and helps prop up the RE market.

However, it looks like they are now going through with the foreclosures, at least more than before. So time for the rug pull I guess.
 

Trump says U.S. to ban large investors from buying homes​

  • President Donald Trump said he’s immediately taking steps to ban large institutional investors from buying more single-family homes.
  • “People live in homes, not corporations,” he said.
President Donald Trump said the U.S. should bar large institutional investors from buying single-family homes, arguing that corporate ownership has helped push housing further out of reach for everyday Americans.

“For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans,” Trump said in a Truth Social post Wednesday.

More:

 
Large investors in single family homes is something that should never been allowed.
 

Trump orders his 'representatives' to buy $200 billion in mortgage bonds​

WASHINGTON, Jan 8 (Reuters) - U.S. President Donald Trump said on Thursday that he is ordering his representatives to buy $200 billion in mortgage bonds to bring down housing costs, though he provided no specifics.

"Because I chose not to sell Fannie Mae and Freddie Mac in my First Term ... it is now worth many times that amount — AN ABSOLUTE FORTUNE — and has $200 BILLION DOLLARS IN CASH," Trump wrote in a post on Truth Social.

More:

https://www.msn.com/en-us/money/com...n-mortgage-bonds/ar-AA1TQxxq?ocid=socialshare
 

Trump drafting order to allow people to dip into 401k to pay for home​

President Donald Trump’s team is reportedly drafting an executive order on affordability that would push to allow people to dip into their retirement or college savings accounts, without penalties, for a down payment on a home.

The order, first reported by Politico Wednesday, would be focused on making home ownership more accessible and affordable by also including directives aimed at banning large investors from purchasing single-family homes.

More:

https://www.msn.com/en-us/news/poli...-to-pay-for-home/ar-AA1TPGtv?ocid=socialshare
 
Voodoo said:
What do all these programs Really tell you? Housing is in trouble, like I've tried to say for a couple years now.
Click to expand...
Trump, economic illiterate that he is, wants to fix the market problem while preserving bubble prices.

Not grasping that the bubble-prices ARE the problem. And that the secondary problem of the market, and primary problem of the economy, is DEBT.

Forever Mortgages (50-year) don't solve the problem. Free Loans don't solve that. They create moar buyers; which - listen carefully, Donald - DRIVE PRICES HIGHER!

FEWER people can afford homes, shitferbrains!

Judas Priest. Our future as a nation depends on this bubblehead? We really are screwed. Someone is gonna have to take charge - and no, no one is going to give permission. It's Jacobin-Revolution time.
 
Dot gov ended so many state financial handouts that they are suffering budget shortfalls.
So the state increased property taxes. Increases in home values assist state tax collection, thus ameliorating the budget crunch.

JMSO,
BF
 

Trump Just FLIPPED The US Mortgage Market​

Jan 11, 2026
Trump just made an announcement that will have a major impact on the housing market and potentially mortgage rates as well. He wants to inject over $200 billion into buying more Mortgage back securities which essentially will rig the mortgage market even more than it's already rigged.

25:56

Articles Mentioned in the Video

- https://apple.news/Av-NlDwuxRRSTmi6bI...
- https://apple.news/AtdHOX_l8QNeZZbFNP...
- https://apple.news/A1UqseYiTSDaV9EuSx...
- https://apple.news/AKu2DRHP8QeC7Vs3FH...
 
Either this real-estate bubble pops, or if government prevents it, normal people will no-longer be able to afford a home.

If the bubble is allowed to pop, it will cause intense, but short-term, pain for beneficiaries who are now paper-rich. And for those who have bought at the height of it.

If the bubble is protected and inflated MOAR, it's the end of our way of life - of the "ownership society." We become Tenement Nation, the masses without any invested stake in their homes. And, since dollar-destruction continues apace, no protected savings.
 

Many bubbles are going to pop CJ, some we know of, some we can't see (whether hidden or masked).
 
chieftain said:
Many bubbles are going to pop CJ, some we know of, some we can't see (whether hidden or masked).
Click to expand...
Popped bubbles, is economic-laws' way of asserting themselves. Bubbles are blow with fiat - with fake money. The bubbles don't last, and history shows, fake money doesn't last, in the end, either.

Bubbles that pop, is a painful experience. The obvious cure is, don't allow bubbles.

Except we have morons running the Central Bank. Or rather, the Central Bank answers to morons - the current group of half-wits and credentialed idiots.

So the solution will not be put into practice - because it would put Aye-Ochk back running drink orders in that dive bar.
 

I think that this relates to the current Rich people problems. Forever their main focus was buying assets but never paying taxes. Often, the best strategies to avoid tax are to take out loans on your property instead of selling anything... But now they run into the same problem as the government. If the assets start falling in values they can start losing a lot of money.
 

Banks Are TAKING Houses Again (Foreclosures Are Back)​

Jan 21, 2026
The foreclosure filings are really starting to ramp up according to the 2025 data, especially towards the end of the year which is a worrying sign moving into 2026. And a lot of of this has to do with the job Market and if the job market continues to falter in 2026. It is a guarantee we are going to see more people losing their homes and more bands taking houses again.

23:20

Articles Mentioned in the Video

- https://www.dailymail.co.uk/real-esta...
- https://apple.news/ATqaMkSPxR-yN3_kMx...
 
This one is a bit different. It's an article I found interesting.

Over the years I've met three people who brought churches and turned them into homes and in one case a home and an office (lotta parking for clients.) Been in two of them and must say they did a good job renovating them.

Philadelphia Inquirer

They paid $2.5 million in cash to renovate a historical Society Hill church | How I bought this house​

The buyers: Carrita Thomas, 33, nonprofit program evaluator; Jake Stein, 42, CEO of a tech startup

The house: A 6,775-square-foot church in Society Hill built in 1920

The price: Listed for $2.5 million, purchased for $2.5 million

The agent: Kate McCann, Elfant Wissahickon Realtors

The ask: Carrita Thomas and Jake Stein moved to Society Hill in 2021 and immediately fell in love. They grew even more attached after having their first child. They loved the abundance of playgrounds and parking. But most of all, they appreciated how the area functioned as a village. “We have a great community of friends,” Thomas said. “We are very close with our neighbors.”

More:

https://www.msn.com/en-us/money/rea...ought-this-house/ar-AA1USElk?ocid=socialshare
 

Update

Real estate agents from major brokerages arranged questionable property deals around Temple University​

More than two dozen Philadelphia-area real estate professionals helped arrange $45 million worth of questionable deals around Temple University in which student rentals that had sat on the market for months abruptly sold for about double their asking prices, an Inquirer investigation has found.

In 52 settled or still-pending sales over roughly the last year, apartment buildings were listed for sale at an average price of $450,000, but found no takers. Within days of being re-listed for a higher price, the same properties sold for as much as $905,000 — at least on paper — to buyers who took mortgages that far exceeded the original asking price.

More:

https://www.msn.com/en-us/money/rea...emple-university/ar-AA1Vnj6Z?ocid=socialshare
 

How ‘zombie mortgages’ are coming back to haunt homeowners years later​

Feb 5, 2026
They’re called “zombie mortgages” — debts that homeowners thought were forgiven long ago, only to learn that they still exist and could cost them their homes. Economics correspondent Paul Solman and producer Diane Lincoln Estes report on these back-from-the-dead debts, in partnership with the documentary news group Retro Report.

11:22

What is a zombie second mortgage? | Consumer Financial Protection Bureau

“Zombie” mortgages are mortgage debts that you might have thought were forgiven or satisfied long ago but that still exist.
www.consumerfinance.gov
 
You still got the house, then you still got the debt....what did you think, you were student loans? Israeli?
 

Housing Affordability and Housing Demand - San Francisco Fed

Understanding housing demand dynamics through two indicators, income growth and population growth, provides important insights into housing affordability. Research shows that average U.S. income growth is strongly related to rising house prices but is essentially unrelated to changes in the...
www.frbsf.org
 
England

My landlord remotely controlled my heating – it was so cold I could see my breath​

Each morning, 27-year-old Becky would wake to her own breath hanging in the air. The flat she rented in Luton was so cold that she coughed and wheezed and, after reluctantly throwing off the duvet, she’d pull on fur-lined leggings, various jumpers and a hat in quick succession. In the kitchen, she’d boil the kettle to make tea and turn the oven on, leaving the door wide open – her only reliable source of heat. “I know it’s dangerous,” she admits, “I was just so cold.”

Becky moved from north Wales to Bedfordshire in February 2024 to take up an apprenticeship as part of her psychology training. While she knew the transition from rolling green hills to a gritty urban landscape would take some getting used to, she didn’t expect to be trapped in a cold home, thanks to a landlord who “obsessively” controlled the heating.

More:

https://www.msn.com/en-gb/money/tec...ld-see-my-breath/ar-AA1VEki9?ocid=socialshare
 
Fatrat said:
You still got the house, then you still got the debt....what did you think, you were student loans? Israeli?
Click to expand...
I thought "Title Insurance" was supposed to take care of that.

Unclear claims, or non-exercised rights, lose standing with time. And ESPECIALLY when these claims were bought for fractions of cents to the dollar, it's hard to make a case of serious loss were the claims dismissed and discharged in court.

That's what courts are FOR. To protect honest owners from predatory financiers with their tale of connivance.
 
Oh no, these debts were simply not enforced, till now....
 
Not something I'd consider, but then again, what do I know

$12,000 Homes for Sale in Venezuela: Worth Buying or Dangerous?​

Feb 11, 2026
Venezuela has been dominating headlines, but most people only see chaos and collapse. But moments like this can create asymmetric investment opportunities, especially in overlooked real estate markets.

16:18

0:00 Intro
1:19 Real estate prices and land options in western Venezuela
3:09 Houses from $12,000 and investment examples
5:39 Why this region matters for tourism and future growth
6:11 What’s really happening politically inside Venezuela
10:05 Oil, U.S. involvement, and economic recovery potential
12:47 Daily life, repression, and what Venezuelans want next
14:40 Final thoughts on optionality, global bets, and due diligence
 

The Housing Market Just Hit a Breaking Point​

Feb 23, 2026
With the current state of the housing market showing price is coming down in many markets and interest rates in the low 6% range and affordability improving, it's becoming clear that none of this is enough to bring buyers back into the market. The January numbers show the lowest amount of pending home sales ever recorded. This is a clear indicator that buyers only care about one thing. Lower prices.

24:05

Articles Mentioned in the Video
- https://apple.news/AEn5-uWj2T9Cf3mgDj...
- https://www.redfin.com/news/all-cash-...
- https://www.floridarealtors.org/news-...
- https://apple.news/ASGBdE5C_RbO874AQf...
 
Definitely related.

How Do We Deal with the Catastrophe of Uninsurability?: Whole regions of the world are becoming uninsurable, bringing radical uncertainty to the economy. As climate risk makes more and more properties uninsurable, the financial system faces a reckoning it hasn’t priced in. (Aeon)
 

This guy is worth quite a bit but I don't know what to make of him when he suggests buying in the EU where they will eventually start bleeding your bank accounts. Central America? You better have a good tan and speak Espanol.
 
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