The Housing Bubble Blog

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The Mercury News reports from California. "The turbocharged Bay Area housing market ran out of gas in July as the region turned out the lowest annual price gain in almost two years, according to Corelogic DataQuick. It's most likely the inevitable winding down of a long run of astonishing price...

The Property Report from Thailand. "There’s a new language of tourist in Chiang Mai and it’s not Russian. Ubiquitous signs in Mandarin have appeared all over. From spas to property agents, everyone seems ready to cash in on the tourist yuan. A noticeable aspect of this development is the change to...

The News Press reports from Florida. "The rebound in building permit activity is a positive indicator of stabilization. Single-family and multi-family permit activity in Lee, Collier and Charlotte counties — which we expect to end up at around 8,500 permits pulled by year-end — hasn't reached year...

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It's Friday desk clearing time for this blogger. "Southern California home sales plunged in July and show little signs of rebounding. The pain is especially acute for brokers, who depend on a commissions. 'There are a lot of hurting agents right now,' said South Bay agent Leo Nordine, who said his...

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Post off-topic ideas, links, and Craigslist finds here.

Post off-topic ideas, links, and Craigslist finds here.

Post off-topic ideas, links, and Craigslist finds here.

The Orange County Register reports from California. "Great schools and wider opportunities for their children have been key draws for Chinese home shoppers, who have flocked to grab properties in Irvine and a handful of other Southern California cities in recent years. But another key reason is to...

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A report from Want China Times. "In the first half of the year, China's property market entered the stage of structural oversupply, with first-tier cities, which had been seen as the most secure market, encountering apparent declines in sold areas, the Beijing-based Economic Information Daily...

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The Winston-Salem Journal reports from North Carolina. "For the first time in several months, the Winston-Salem MSA did not have the lowest year over year price increase of the state’s five major metro areas. By comparison, the average sales price of existing homes rose 17.6 percent year over year...

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It's Friday desk clearing time for this blogger. "Shadow inventory. Mention the name in real estate circles, and you can almost feel the chill. And in many cases it typically causes reported data on housing inventory to understate the actual number of inventory in the market. 'There is definitely a...

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Post off-topic ideas, links, and Craigslist finds here.

Post off-topic ideas, links, and Craigslist finds here.