The Housing Bubble Blog

The Paragould Daily Press reports from Arkansas. "Dr. Michael R. Pakko, state economic forecaster with the University of Arkansas at Little Rock, addressed the Paragould Chamber of Commerce, telling the audience that Arkansas was dragged into the recent recession by the rest of the country. He said...

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The News Journal reports from Florida. "West Volusia Realtor Kim Laney has been trying to sell a three-bedroom, 1,216-square-foot home here since January. The home on Catalina Boulevard was initially listed at $89,900, the same price the current homeowner paid three years ago. However, that is far...

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Readers suggested a topic on the current economic situation. "Are we once again in a bear market now?" A reply, "Darnit, I seem to remember predicting that this country would go to pot in Summer 2011. It’s the only time they could allow it to happen and still have time for a 'turnaround' before the...

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Readers suggested a topic on the latest central bank move. "Suppose you were one of those hapless retirees who used to count on interest earnings on your CDs for income. Recent declines in interest rates severely crimped your returns. Now Operation Twist promises to crimp them still further. Where...

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It's Friday desk clearing time for this blogger. "A group of activists from MassUniting came to a home on Clinton Street here owned by Bank of America after a foreclosure, collecting several bags of trash and debris and then bringing it to the BofA branch downtown, telling the bank it was their...

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A report from the Capital. "In the past several years, the luster has been lost on the concept that real estate is a great way to make money. Once thought to be invulnerable to declines in value, real estate has now been brought down to earth. Nevertheless, there are some examples out there that...

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The Wyoming Business Report. "Residential sales are relatively static or down in most of Wyoming, but the markets in Cheyenne and Gillette are full-speed ahead, as energy-related industries are coming in. Despite the increased workforce, there is not a shortage of housing in Cheyenne yet. The...

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The Mercury News reports from California. "In the Bay Area, 2,780 homeowners received a notice of default in August, the first step in the foreclosure process. That's a 34 percent increase from July, and essentially unchanged from a year ago, said RealtyTrac, which defines the region as Alameda,...

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Readers suggested a topic on housing sales tactics. "I’ve noticed over the last few weeks that more housing sales on Redfin.com carry a pending sale (Monterey, Salinas, PG, etc). Are these true sales or is this a RE gimmick to scare fence setters to jump into the market? Certain neighborhoods have...

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