The Housing Bubble Blog

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It's Friday desk clearing time for this blogger. "A year ago, the housing market looked like it was finally recovering. But then home sales fizzled. A big part of why housing remains so stunted is that there are more than 2 million 'missing households' in the U.S. 'We would love to buy a house...

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CBS 12 reports from Florida. "The number of homes snapped up for $1 million or more in Palm Beach County rose in the first quarter of this year by 16 percent from the same quarter a year ago. In the past month, philanthropist Lois Pope paid $16.2 million for an ocean-to-Intracoastal mansion in...

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The Financial Post reports from Canada. "Torontonians who can barely wrap their minds around a housing market where $1-million is the average price for a detached home might want to take notice of a new fast-approaching benchmark. 'What you are seeing is $2-million is the new $1-million,' says Drew...

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A report from the Coloradoan. "Fort Collins housing prices hit their highest average in city history last month, topping $313,000 per home sold in May. That’s a 19.4 percent increase from May 2013 and could be the harbinger of higher prices to come. 'These price levels are unprecedented,' said Dave...

A report from the South China Morning Post. "Half-built roads, high-rises under construction and plastic garbage shining under the sun: those were the images that frequently flashed by on a two-hour drive between the Shenzhen Bay-Hong Kong border and the third-tier city of Huizhou. Huizhou is now...

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The Marin Independent Journal reports from California. "Home equity loans were up across the Bay Area in the first six months of 2014. In Marin, 451 such loans were made in that period, a 5 percent increase over the same period in 2013, according to DataQuick. This was the highest number of these...

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Readers suggested a topic on housing and recovery. "This should be the weekend discussion: 'No wonder a CBS News/New York Times poll showed that 69 percent of Americans believe the economy is in bad shape, and 66 percent believe it isn’t getting any better. We often say that the recovery is fake,...

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

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

It's Friday desk clearing time for this blogger. "Crews broke ground last month on a 47-rowhome luxury development in Chicago. Every apartment — starting at $562,900 — sold before digging began. Adam Kriticos, a mortgage broker, bought the last available home at the development. He had less than...

Please post topic ideas here!

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