The Housing Bubble Blog

Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.

A Point We Haven’t Started From Before

It's Friday desk clearing time for this blogger. "Sure, home prices are rising across Greater Boston, but when it comes to really big gains, some suburbs and city neighborhoods are in a league of their own. To the north of Boston, Middleton is hard to beat, with prices up nearly 50 percent,...
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When You Have A Lot Of Flippers, That’s A Bubble

The Toronto Star reports on Canada. "Canada’s housing market is in Goldilocks mode — not too hot and not too cold, except in Toronto and Calgary which are 'bucking the trend of moderation' now taking hold in major cities from Halifax to Montreal and Winnipeg, says a quarterly house price survey...
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A Special, Special Part Of The World

The Marin Independent Journal reports from California. "The median price of a single-family home in Marin soared to $1.1 million in September while sales dropped 13 percent from a year ago, according to CoreLogic DataQuick. Sales were down in most Bay Area counties, dropping 6 percent in the area...
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Sellers Are Wondering Why Buyers Aren’t Competing

The Daily Commercial reports from Florida. "Real estate watchers say new home construction appears to be coming back strong this year, and the evidence is in the myriad subdivisions that are sprouting fresh homes in recent months. A Sept. 19 statement from D.R. Horton, owner and homebuilder of the...
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Like The Locusts, Destroying Everything In The Fields

The Daily Breeze reports from California. "With income inequality growing at home and abroad, Manhattan Beach’s housing market is seeing record numbers of home-buyers paying in cash. More than 30 percent of homes that sold for more than $1 million this year were purchased without financing. Several...
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The Avalanche Of Supply

Its Friday desk clearing time for this blogger. "Austin homeowners have enjoyed steadily rising property values for several years. 'I'll show them a house that's dilapidated, tear down, almost and they're still going for $300,000, and it's ridiculous, but the thing is the comps around are...
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It Certainly Is Coming Down Now

The Seattle Times reports from Washington. "The median price of single-family homes sold in King County in September rose 9.5 percent over 12 months to $460,000, reversing a surprise slide the previous month, according to Northwest MLS data. 'It has all the classic signs of getting very, very...
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