The Housing Bubble Blog

Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.

Even Though We Learnt A Big Lesson People Forget

It's Friday desk clearing time for this blogger. "O'Brien Homes started holding a monthly housing lottery for its 228-unit development called Fusion in Sunnyvale, Calf., after seeing throngs of prospective buyers camp out at the openings of other new condo complexes in the area. Lotteries are not a...
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Buying Into A High-Stakes Poker Game

The Sun Sentinel reports from Florida. "When GL Homes opened its eighth Valencia community last weekend, the Sunrise-based builder ended up with 72 contracts at Valencia Cove. The 823 homes are selling from the high $300,000s to low $600,000s. GL held a lottery so buyers could select their lots in...
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A Repeat Crisis

Readers suggested a topic on the housing bubble. "How many of us are feeling like we time travelled back to 2006? I live in Long Beach, CA — lots of friends in their 30’s and 40’s talking about flipping homes, condo’s, and buying rental properties with low single digit cap rates because they are...
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The Not Yet Corrected Part Of The Pricing Model

It's Friday desk clearing time for this blogger. "No one has to tell Stacy Brannan and Adam Smith that central Ohio’s housing market is hot. In the past two weeks, the couple missed out on three Clintonville-area homes despite touring the homes almost immediately after they came on the market and,...
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What’s Going On Here?

Some housing bubble news from around the globe. Reuters. "Grosvenor Group, which owns most of London's upscale Mayfair and Belgravia districts, said the rate of luxury home price growth in the capital looked unsustainable after years of foreigners pouring cash into the safe-haven market. Luxury...
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