{"id":526050,"date":"2010-04-13T12:09:00","date_gmt":"2010-04-13T16:09:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/13-charts-you-must-see-before-you-buy-a-home-2010-4"},"modified":"2010-04-13T12:09:00","modified_gmt":"2010-04-13T16:09:00","slug":"13-reasons-you-should-sell-your-house-now-before-its-too-late","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/526050","title":{"rendered":"13 Reasons You Should Sell Your House Now Before It’s Too Late"},"content":{"rendered":"

\"detroit<\/a>Last quarter we posted 12 Charts You MUST See Before You Even Think About Buying A Home<\/a>.<\/em><\/p>\n

Contrarian mortgage broker and editor of newobservations.net<\/a>, Michael David White has given us the latest picture on these scary charts. The housing market is more precarious than ever. That’s why you should rent, not buy. And if you’re thinking about selling, don’t wait another day.<\/em><\/p>\n

Here are the scary charts ><\/a><\/strong><\/h2>\n

Yes, home affordability has improved a lot, but…<\/h2>\n

\"Yes,<\/div>\n

<\/p>\n

Inventory is still very high<\/h2>\n

\"Inventory<\/div>\n

<\/p>\n

Housing supply is picking back up<\/h2>\n

\"Housing<\/div>\n

<\/p>\n

Delinquent mortgages are high… and could lead to a huge property influx<\/h2>\n

\"Delinquent<\/div>\n

<\/p>\n

There’s still a huge mortgage mess<\/h2>\n

\"There's<\/div>\n

<\/p>\n

Underwater mortgages are the ten-ton gorilla<\/h2>\n

\"Underwater<\/div>\n

<\/p>\n

15% of borrowers are 30\u2010days late or worse. The cure rate at 60\u2010days late is almost zero.<\/h2>\n

\"15%<\/div>\n

<\/p>\n

History says property value will fall through 2012<\/h2>\n

\"History<\/div>\n

<\/p>\n

We assume prices will return to the 100-year FLATLINE<\/h2>\n

\"We<\/div>\n

<\/p>\n

Based on four major indexes, prices have another 17% to fall<\/h2>\n

\"Based<\/div>\n

<\/p>\n

Housing bubbles were greater abroad… and have further to fall<\/h2>\n

\"Housing<\/div>\n

<\/p>\n

Rates WILL rise… and then real estate demand will fall<\/h2>\n

\"Rates<\/div>\n

<\/p>\n

Considering massive government intervention, unit sales are frighteningly low<\/h2>\n

\"Considering<\/div>\n

<\/p>\n

Don’t miss…<\/h2>\n

\"Don't<\/p>\n

Image: Zillow<\/p>\n<\/div>\n

\n

<\/a>The 10 Housing Markets In America That Are Still Wildly Overvalued ><\/a><\/h2>\n<\/div>\n

<\/p>\n

Join the conversation about this story »<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Last quarter we posted 12 Charts You MUST See Before You Even Think About Buying A Home. Contrarian mortgage broker and editor of newobservations.net, Michael David White has given us the latest picture on these scary charts. The housing market is more precarious than ever. That’s why you should rent, not buy. And if you’re […]<\/p>\n","protected":false},"author":5081,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-526050","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/526050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5081"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=526050"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/526050\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=526050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=526050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=526050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}