The Housing Bubble Blog

The Press Enterprise reports from California. "Home sale prices across Southern California were poker-hot in December, the latest report from DataQuick suggests. But even as Southern California recorded its highest median sale price since 2007, the 22 percent gain took the spark out of sales. The...

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Barron's reports on New York. "The prices for real estate are going up everywhere – but in high-end New York. According to a Brown Harris Stevens study, the average Manhattan apartment sales price declined by 2% in the fourth quarter of 2013, to $1,553,599, versus the same time last year. Inventory...

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A report from the Mississippi Business Journal. "The Mississippi Coast, especially the western portion, is seeing a boom in the second-home market. Some Realtors say the activity is a spillover from the red-hot housing market New Orleans is now enjoying. 'Things are definitely coming back,' said...

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The Denver Post reports on Colorado. "Single-family home sales in metro Denver last year beat a record set during the housing boom, according to Metrolist, the area's multiple-listing service. There were 42,762 single-family detached homes sold last year, which surpassed the previous record of...

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A reader suggested a topic on policy and housing bubbles. "The Federal Reserve and the myth of the disinterested technocrat. Ain’t no such thing as a disinterested human being in economic affairs. Especially affairs which impact oneself, family and friends." "The policy of encouraging...

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It's Friday desk clearing time for this blogger. "Real estate agents are hoping to capitalize on Colorado’s marijuana industry– selling homes to out-of-state buyers trying to move to the state for retail pot sales. Real estate agent Bob Costello said he will help clients find homes in pot-friendly...

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The News Press reports from Florida. "Lee County permits to build new homes in 2013 spiked up 40 percent while foreclosures fell 45 percent in 2013 as the area’s given-up-for-dead residential construction industry roared back to life. Randy Thibaut, president of Fort Myers-based Land Solutions,...

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The Fayetteville Observer reports from North Carolina. "After a dismal 2012, home sales in the Fayetteville area improved significantly in 2013, according to people in the real estate business. 'We'll probably never see 2006 and 2007 again,' said Greg West, president of Westan Homes, referring to...

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The Phnom Penh Post reports on Cambodia. "A new report by SBI Royal Securities is taking a bullish view on the investment potential of Phnom Penh condominiums for high net-worth locals and residents or investors from overseas. Prime real estate in major cities in Cambodia was at the more affordable...