If Problems Arise, They Will Be Hard To Deal With

A report from the Denver Post. "As the listing agent for a new development near the University of Denver, Liz Richards has sold six row homes since December — and who was buying them came as a surprise. 'Half of them are Chinese buyers with cash — there seems to be a lot of cash,' said Richards, a...
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True Last Week, Also True Last Decade

The Orlando Sentinel reports from Florida. "Orlando-area home prices dropped in January from a month earlier and the inventory of listings increased, edging the area closer to becoming a buyer's market. The median sales price during January for homes in the core Orlando market, which includes...
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A Catalyst For Unforeseen Consequences

Readers suggested a topic on the global housing bubble. "I remember in 2008, 9 and 10 it was fascinating to read how the Chinese, Brazilian, Canadian and Australian housing markets were impervious to the fact the US housing market was tanking badly. Values in those countries were still headed...
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Learning That We Don’t Learn From History

It's Friday desk clearing time for this blogger. "For the last few years, there has been little movement in Florida’s foreclosures. The result is more than 300,000 homes in some state of foreclosure – homes and families in limbo. It’s called a shadow inventory, and Florida has the highest amount in...
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Sellers Are Thinking They'll Get More If They Wait

The World Property Channel reports on California. "Home sales in California were essentially flat in January, due to a limited supply of homes, according to the California Association of Realtors. Single-family home sales totaled a seasonally adjusted annualized rate of 363,640 in January, dropping...
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A Very Dangerous Thought

Some housing bubble news from the Asian region. From ANN, "Financial policies in China are driving an interest in the Australian real estate market. Andrew Taylor, CEO of a Chinese language website listing international property from offices in Hong Kong and Shanghai, says the interest is growing....
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Sellers Should Be Prepared For Cuts In Asking Price

KLAS TV reports from Nevada. "One of the biggest complaints homebuyers have had about the real estate market is they can't compete with investors who are buying up property with cash. But now, ordinary buyers have a chance to finally close the deal without the fear of investors beating them out....
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Everyone Thinks We’re Back In 2007 Again

Miami Today reports from Florida. "Real estate professionals are keeping their eyes firmly on China as more buyers from afar trickle into South Florida. A group from China recently looked at units in Midblock, said L. J. Rodriguez, Midtown sales director for Fortune International. Mr. Rodriguez...
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A Bubble Interrupted?

Readers suggested a topic on the bubble question. "Is the final Housing Bubble correction underway now?" A reply, "There are many people on this blog who believe we are entering another housing bust and a big drop in values. I submit we are simply still cleaning up the 2007 bust. There are always...
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