Eric Basmajian

Eric Basmajian is a financial writer at Seeking Alpha. He covers the housing market and other economic topics. With a background in economics and finance, Eric aims to provide insightful analysis for investors.

92%

The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

75%

Examples:

  • Prices in the Southern housing market went above what locals can afford, creating a bubble.
  • There is currently a 4.4-month supply of both new and existing homes for sale, with a nine-month supply of newly built homes for sale.

Deceptions

80%

Examples:

  • Of those 479,000 new home units for sale, only 20% are completed,

Recent Articles

Record-Breaking Home Inventory in the Southern US: Is a Housing Market Crash on the Horizon?

Record-Breaking Home Inventory in the Southern US: Is a Housing Market Crash on the Horizon?

Broke On: Monday, 08 July 2024 Amidst a record-breaking 300,000 new homes for sale in the Southern US region, housing market experts debate whether a potential bubble has formed due to pandemic-driven demand and remote work trends. With inventory at an all-time high and demand slowing down, concerns of unaffordable prices and a possible housing market crash loom.