As I have been discussing recently, most of what appears to be a housing market recovery has been driven in price and volume by the big private money funds who were sitting on loads of uninvested cash and decided to try their hand in the real estate rental management business. This has lasted all of 18 months, as now several of these funds are looking to dump their equity into the hands of the public.
I wrote an article published on Seeking Alpha that discusses topic:
This is an investment trend that has only been in place for roughly the last 18 months but, incredibly, many of these "smart money" investment funds are already trying to cash out by selling equity in their rental portfolios. One can only conclude that this investment trend is coming to an abrupt halt as the "smart money" is trying to unload its investments on the greater investing public. In fact, it really reminds me of this same dynamic that occurred at the peak of the Internet bubble in 2000. In other words, the "smart money" is telling us that the housing market is going lower.You can read the entire article here: Smart Money Is Dumping Its Housing Investment
I was also interviewed by Kerry Lutz, proprietor of the Financial Survival Network - an internet-based radio program - about the housing market: LINK
The problems that created the housing market bubble, which led to the de facto collapse of the financial system in 2008, have never been fixed. In fact, they've been covered up by fraudulent accounting and a massive amount of money printing. Barring some kind of divine intervention, the next phase of the Great Financial Crisis is going to make 2008 look like an easy day at the beach.