The Housing Bubble Blog

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The Palm Beach Post reports from Florida. "The stock market's harrowing free fall Thursday made stomachs lurch harder than the twists and turns of Walt Disney World's Space Mountain. But it's how the 513-point Dow Jones dive impacts visitors to the Magic Kingdom, as well as baby boomers' retirement...

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Readers suggested a topic on buying a house. "Do you really need a re-al-TOR to buy a house? I’m going to start to look seriously in about six months, and I’m a first-time buyer.* I’m pretty sure I’ll need a buyers’ agent, but I’m also trying to avoid the inherent contradiction of buyer’s agents. I...

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Readers suggested a topic on government finances and housing. "A question which I am sure is on the minds of many die-hard HBB U.S. housing market watchers is that of what the recent stock market route portends for the ongoing housing bust. A simple but plausible prediction is for the stock market...

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It's Friday desk clearing time for this blogger. "According to LPS Applied Analytics, a real estate data firm, clearing the pipeline of cases in Massachusetts would take a decade. That's nothing compared to the estimated 49 years it would take in New Jersey, according to LPS. 'There are thousands...

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The Tooele Transcript Bulletin reports from Utah. "Home prices are down drastically from the same period a year ago. The median sales price fell from $169,000 in the second quarter of 2010 to $135,956 in the second quarter of 2011, a 19.5 percent drop. Chris Sloan, broker for Group1 Real Estate...

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The Canberra Times reports from Australia. "An Australian Property Monitors report out today shows the national housing market is dampening. Senior economist Andrew Wilson said Canberra's strong market could be deterring buyers. 'Canberra median house and unit prices recorded significant falls over...

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The Amarillo Globe News reports from Texas. "Last year, total closed homes sales in the Amarillo-area market hit their lowest mark since 2002, according to Jeffers’ analysis of MLS data from the Amarillo Association of Realtors. Homebuyer tax credit incentives meant transactions most occurred in...

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Readers suggested a topic on trends in construction. "I’d like a thread from readers where the money is being spent/invested in your area. Our public television station just announced they were building a new spread downtown. The state is kicking in $5mm since they are renovating an existing...

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Readers suggested a topic on the housing market implications of the debt talks. "What are the housing market implications of slow growth coupled with a likely near-term reduction in federal expenditures in the wake of the debt ceiling negotiations? I still maintain the way out of this without...