Bulls Win As Housing Bubble Gets Even Bigger

3/11/2016 – A positive day with the Dow Jones up 217 points (+1.28%) and the Nasdaq up 86 points (+1.85%)

Before we take a look at the state of today’s housing market, let’s take a quick look at what was surely an unusual trading week. Mostly due to the ECB/Draghi decision to go all in, subsequent market sell-off and a powerful bounce.

What does all of that mean?

Well, it depends on your overall outlook. If you are bull, you are likely confident that Mr. Draghi will continue to juice worldwide markets ever higher. If you are bear, you are confident that this is a desperate move by a powerful central bank. A bank that is basically out of options. The truth, as always, is somewhere in between.

In reality, none of the above really matters. As always, the stock market follows its exact trajectory. Hitting both price and time points of force. And when that TIME/PRICE top arrives, the market will turn around and head lower. ECB/Draghi or not. If you would like to find out when that is, please Click Here. 

Now, it has been quite a while since we have looked at the state of today’s real estate market. Consider the latest…..

• All-cash offers, bidding wars dominate Los Angeles home market
• There’s reason to be excited about the U.S. housing market
• Home flipping reaches 10-year high: What it means
• Housing wealth hits a new record high
• I’ve been investing in real estate for 25 years, and I think buying a house is for suckers

Well, isn’t that wonderful. It appears the real estate market is once again firing on all cylinders. But before you celebrate by refinancing your home and taking equity out, to spend it on useless junk, consider this simple proposition. We might be in a real estate bubble blow off stage. But only in selected markets.

Long story short, I am not changing the opinion expressed here so many times before. Today’s real estate bubble will end up blowing up. Just as it did in 2006. Here is the view expressed on this blog before ….Is Today’s Real Estate Bubble Bigger Than 2006?

And I am not the only one who thinks this way. Carl Icahn also believes that the real estate market is in a massive bubble. A bubble that will collapse. 

This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2015-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years.  If you would be interested in learning when the bear market of 2015-2017 will start (to the day) and its internal composition, please CLICK HERE.

(***Please Note: A bear market might have started already, I am simply not disclosing this information. Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. March 11th, 2016  InvestWithAlex.com

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