Rebel Capitalist News New Data Reveals Housing Bubble Is Starting To Burst
Nov 26, 2025
Explore the alarming signs of a housing market downturn as Lenar slashes prices in its Black Friday sale, indicating weak demand. Discover how Zillow reports a significant decline in U.S. home values and why rising incomes won't bridge the affordability gap. Debate the myths around housing supply and learn about increasing ownership costs that chip away at affordability. Tune in for insights on mortgage-backed securities and the implications for market stability.
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Lenar Black Friday Shows Builder Desperation
- George Gammon shows Lenar's website offering a 'Black Friday' sale with up to $75,000 off to illustrate housing desperation.
- He reads multiple listing price cuts to demonstrate builders slashing prices across markets like Naples and Houston.
Bidding Wars Are Becoming Isolated Exceptions
- Localized bullish anecdotes (bidding wars) are losing force as price cuts expand across markets.
- The progression from few to many markets taking price cuts suggests a spreading downturn rather than isolated pockets.
Zillow: Half Of Homes Below Peak Value
- Zillow reports half of U.S. homes have fallen from peak values and the biggest drop since the Great Recession.
- Major metros (Denver, Austin, Sacramento, Florida, Dallas) show extremely high shares of homes below peak, signaling a broad correction.