The Housing Bubble Blog

A report from the Daily Telegraph in Australia. "Home prices in Sydney’s up-market suburbs have gone into free fall over the past year as house hunters trade waterfront and inner city locations for cheaper homes further west. The buyer shift has turned once booming affluent areas into the city’s...

A report from the Dallas Morning News in Texas. "The Dallas-Fort Worth home market retreated in August, with preowned home purchases down from a year ago and prices growing at a slower rate. In June, July and August — traditionally the hottest month for home sales — real estate agents sold slightly...

A report from Seattle PI on Washington. "It’s a buyer’s bonanza! Well, not quite yet but it we’re rolling briskly in that direction. For now, Seattle’s condo market is a bit of a contradiction, at least in August with skyrocketing inventory along with rising values. Inventory rose an incredible...

A report from the Sydney Morning Herald in Australia. "House prices are falling and mortgage interest rates are rising and anyone doing anything with property – buying, selling, upgrading or downsizing – is likely scratching their heads about what it means for them. Shaun Hardy, 38, and his wife...

A weekend topic on market distortions starting with Washington City Paper. "It seems like there’s nothing real estate developers haven’t figured out a way to glossy-up. The new generation of group houses popping up around D.C. and the DMV, called 'co-living' apartments, are like the Everlane of the...

A report from the Marysville Globe in Washington. "Have you noticed? It’s not such an insane, over-the-top real estate market anymore. The thought of I’ll just throw a for sale sign in my front yard on Thursday and have a crowd of crazed buyers offering $15,000 to $25,000 over my asking price is...

A report from Global News in Canada. "North American developer Grosvenor Americas is looking to score big with its luxury penthouse in downtown Calgary. Grosvenor’s Rob Duteau doesn’t think the $2.459 million price tag will deter buyers — at least not the right buyer. Still, 2018 has been a tough...

A weekend topic starting with CNBC. "When the housing market began its epic and historic free-fall in 2008, mortgage giants Fannie Mae and Freddie Mac faced imminent collapse. The Treasury Department stepped in with a major bailout that July. That turned out to be a vastly profitable move for Uncle...

A report from the Press Democrat in California. "As summer turns to fall, housing prices appear to be coming down in Sonoma County just in time for harvest. The median price of homes currently listed in Sonoma County is around $655,200. That is down 6% from the last June’s record high of $700,000....

A report from the Seattle Times in Washington. "The number of homes for sale across King County surged up 66 percent in the past year — and 86 percent just in the city of Seattle — the biggest rise in more than a decade. During that same period the inventory of Seattle condos skyrocketed 161...

It's Friday desk clearing time for this blogger. "'Housing price bubble chatter has increased this summer, but I would ignore it,' said Carol Farrar, 2018 North San Diego County Association of Realtors president. 'Market observers always try to predict the next residential real estate shift, but it...

A report from Bloomberg. "Seattle is known for its hip neighborhoods, soaring home prices, and being home to Amazon. So why is its rental housing market experiencing the most severe slowdown in the U.S.? It’s part of a national trend. Rents in Nashville and Portland, Oregon, have actually started...

A report from the Democrat and Chronicle in New York. "The 1,424-square-foot, two-story Colonial is in picture-perfect condition. In the heart of the popular North Winton Village neighborhood, the home at 15 Wisconsin St. has been floating on the market, now reduced to $137,900 from $140,000,...

A report from the World Property Journal on Nevada. "According to the Greater Las Vegas Association of Realtors, after climbing steadily since 2012, local Las Vegas home prices have been hovering this summer through August 2018, are maintaining the same home prices as they were back in May 2018....

A report from the Denver Post in Colorado. "The number of homes on the market surged, the number of sales dropped, and price reductions were abundant last month, all signs that buyers are pulling back in metro Denver, according to the latest market trends report from the Denver Metro Association of...

A report from the Globe and Mail in Canada. "Buyers' fear of being left out is waning as real estate sales in the Vancouver region decline to a six-year low while prices for various housing types weaken during a summer slump. The Real Estate Board of Greater Vancouver saw 1,929 residential sales in...

A report from Hamptons Magazine in New York. "For the final issue of this Hamptons season, we gathered a group of panelists to discuss what trends they’re seeing, and what Hamptons homeowners, buyers and residents will be seeing over the seasons to come. Where is the market based on current...

A report from Post Media on Canada. "The Metro Vancouver pre-sale condo market, which had been seeing double-digit-percentage price gains of between 30 to 60 per cent, with each new project seemingly selling out and setting ever higher prices, is showing signs of slowing. Meanwhile, investors and...

A report from the Madison Park Times in Washington. "Despite what you may have read or heard, the Seattle real estate market isn’t crashing. The sky isn’t falling. It is, however, a market in transition beyond the usual seasonal slowdown. It’s not the bubble bursting; there’s no need to panic. But...

A report from Downtown Bellevue in Washington. "Mira Flats, the condominium building that was previously apartments, are beginning sales in fall 2018. Located on 103rd Avenue Northeast, residents can easily enjoy dining, shopping, and entertainment in downtown Bellevue. Mira Flats has studio, one-,...