Somebody Might Buy It For Less Than It’s Worth

It's Friday desk clearing time for this blogger. "A partner in the 46-story Trump Soho, the condo hotel that opened in April 2010 in the Hudson Square district over the objections of neighborhood preservation advocates, last week put the building on the auction block. Of the 391 units, about 90...
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This Deflation-Like Attitude Among Buyers

The Lakeland Times reports from Wisconsin. "Property values are continuing their dramatic downward slide in Minocqua and in other northern Wisconsin property-taxing entities, and the region is no exception as the nation struggles with a devastating housing market implosion that just doesn't seem to...
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If It Were Not For The Internet

I suggested a topic on recent government actions and the internet. "I’d like to know what readers here think of government attempts to restrict internet freedom. Not so much about this blog, but what it would mean for financial issues like the housing bubble, or just plain free speech." One said,...
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A Growth Strategy Based On Hummers And McMansions

It's Friday desk clearing time for this blogger. "What’s next for the burgeoning Occupy Homes movement? Should local activists continue to add — one by one — to the tally of foreclosed homes they are defending, as they continue to occupy ex-Marine Bobby Hull’s home in South Minneapolis? Or should...
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The New, Real Market

The Press Democrat reports from California. "Large volumes of financially distressed real estate boosted Sonoma County home sales last year, but they also helped drag down prices to the lowest level in a decade. The median price for 2011 fell to $325,000, a new low for this real estate cycle. It...
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Influenced By Artificial Demand

The San Antonio Express News reports from Texas. "Home builders are expected to start at least 10 percent more homes in 2012 than they did last year — the first double-digit bump for the industry since the 2006 market peak and subsequent downturn. It's welcome news for builders, who hit a high of...
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