The Housing Bubble Blog

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

We Are Being Lied To

When I saw this video today, it made me think about truth and what we the public are told. We are surrounded by media these days. But how much of what we absorb is more like propaganda? We are told rents are going up for houses. But don't we also know about high unemployment? The poverty/low wages?...
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Turning The Fiasco From Bad To Worse

It's Friday desk clearing time for this blogger. "As Vancouver’s real estate market cools, losses on the troubled Olympic Village development could soar above $225-million unless condo king Bob Rennie quickly drops prices on unsold units that have languished on the market for too long. That’s the...
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When People Realize There's A Problem

WFSU reports on Florida. "Florida Realtors President Summer Greene says she’s seeing a trend across the state indicating the housing market has not only stabilized, but it’s also gaining ground. She says home prices are rising in many markets even with 33-percent drop in homes up for sale in July...
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The Things That Make Buyers Jump

The NWI Times reports from Indiana. "Single-family home sales increased 14.9 percent in July in Northwest Indiana. In perhaps an even more hopeful sign, the median selling price increased to $137,000 in July, an 11.4 percent increase as compared to the year-ago month, according to association data....
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A Free, Open And Transparent Market

A reader posed these questions. "I approach this premise carefully. With a certain depth of thought and a lack of resultant clarity, I ask: What if: 1) Home prices rise to meet current rents. 2) Resulting in underwater homeowners newly afloat 3) Resulting in fewer foreclosures and more...
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