Nothing Much Except The Price Has Changed

News 1130 reports from Canada. "No one is talking about a market crash anymore as concerns swing back to unaffordability for much of the Lower Mainland. Comparing major cities across the country, the latest RBC Housing Trends and Affordability Report finds it now takes more than 84.2 per cent of...
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Having Your Cake And Eating It Too

Readers suggested a topic on denial. "Has anyone else noticed the bubble in 'No Bubble Here' stories in the MSM financial press ever since Yellen’s confirmation hearing? Which incipient national housing bubble collapse is destined to wreak the most economic havoc on the home country and global...
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Locusts, Hot Money And Vacant Houses

It's Friday desk clearing time for this blogger. "Builders are putting up new homes in 33 different communities in the Boulder Valley, said Veronica Precella, chief executive of the Boulder Area Realtor Association. Anthem Highlands homes ranging from 1,900 square feet to 3,200 square are expected...
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Holiday Topic Suggestions

A Turkey Day report from Forbes. "According to the American Farm Bureau, the price of a Thanksgiving dinner for 10 is actually 44 cents less than last year. Affordable food prices represent good news for American consumers as we start the holiday season. Adding to the good news for home owners,...
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A Seemingly Limitless Amount Of Cash

The Union Tribune reports from California. "With the number of service veterans who choose to call San Diego home, their use of financing from the U.S. Department of Veterans Affairs play a huge role in the local housing market. Many veterans can take advantage of financing from Veterans Affairs to...
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It’s Like The Market We Had Way Back

A report from Michigan Live. "Another real estate report, another big jump for metro Detroit home selling prices. The October RE/MAX National Housing Report says that of the 52 largest metro areas surveyed, Detroit had the largest rise in median selling prices with an increase of 45 percent. 'What...
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The Keys To Paradise

The Boston Globe reports on Massachusetts. "If you really want that house, grab a pen and start pouring your heart out to the seller. And, above all, don’t forget to gush. Shed that New England reserve and let it all tumble out about how you will cherish the seller’s house long after they have...
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What Is A Healthy Housing Market?

A poster suggested this for the weekend topic. "What constitutes a 'healthy' housing market seems to differ wildly depending on whose lens you see the world through. Examples: Broker: Healthy = lots of sales Individual without liquidity: Healthy = low mortgage standards Individual with liquidity:...
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