A report from the Coloradoan. "Doug Dohn of Dohn Construction, one of Fort Collins' largest contractors, said he doesn't have one job that is adequately staffed with the trades. That means construction companies are forced to increase both wages and what they bid for construction jobs. That...
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Readers suggested a topic on the current market. "The Great Depression, the Savings and Loans scandal, and the Financial Crisis of 2008 all had a common thread - rapid real estate price escalation and speculation. Is this a a hallmark of coming economic collapses? And if so, why or why not?" A...
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It's Friday desk clearing time for this blogger. "Casey Bui, managing broker at Rockwell Realty said the inventory is so tight in some areas that he’s seen houses sell for $100,000 over their list price in close-in Seattle neighborhoods like Capitol Hill and Madison Valley. Brokers are supposed to...
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KPIX 5 reports from California. "Realtors are using the words 'overbid madness' to describe what’s happening in San Francisco’s housing market. One case in point is a home that was sold hundreds of thousands above the asking price. Shrouded in fog, and swimming in cash a two bedroom, modern home in...
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A report from the China Economic Net. "Home prices in first-tier cities are finally showing signs of dropping, with some apartments currently being sold at price discounts. An apartment of around 90 square meters, worth around 3 million yuan ($479,400), could be sold at a discount of 100,000 yuan...
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Readers suggested a topic on the housing bubble. "Is the current housing market another bubble or a long term trend? My Uncle was an engineer in 'Silicon Valley' before there was any silicon in the valley. When he died in 1986, his house sold in 1 week for $375,000. I remember everyone in my family...
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It's Friday desk clearing time for this blogger. "After a frigid and molasses-like start to the year, the metro Detroit housing market has blossomed this spring into a seller’s market. Out in Orion Township, Scott Herkes and his wife are building a two-story, four-bedroom house in the new Stonegate...
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