The Housing Bubble Blog

A report from the Washington Post. "For the past few years, sellers have had all the power in the local real estate market. Today’s buyers and sellers are accustomed to a market marked by rapidly increasing prices, low inventory, fast offers and bidding wars. But real estate is cyclical and a...

A report from Q 13 Fox on Washington. "We’ve heard about Chinese investors driving up local housing prices but it’s rare to hear from them firsthand on why Western Washington is so desirable. On Thursday, a delegation representing nearly 60 percent of Chinese investors interested in our region...

A report from Bisnow on Texas. "The Dallas multifamily market is looking a little rough with rent growth continuing to sag due to incessant Class-A deliveries. More product is on the way — Dallas is No. 2 in the nation for multifamily permits issued this year. This has raised some concerns about...

A weekend topic starting with CBS New York. "How will local homeowners be impacted by federal tax reform? As CBS2’s Carolyn Gusoff reported, the Tri-State Area may already be feeling the impact in its real estate market. New homes are being built in affluent Roslyn, but who will buy them if high...

It's Friday desk clearing time for this blogger. "We’ve recently begun seeing more and more of that rarest of rarities in San Francisco: the price reduction. For homes that come to market in October and fail to find an immediate buyer, the reductions can come within weeks. At Baker and Sutter, for...

A report from CTV News in Canada. "The City of Vancouver has begun rolling out empty homes declarations, asking homeowners to divulge whether their property in Vancouver is their primary residence, in preparation to start collecting the new empty homes tax. The city estimates there may be as many...

A report from Bisnow on New York. "Apartment rents are flat or down in New York City in 2017, and banks have been wary for more than a year about giving developers construction loans. While conventional wisdom might suggest it is time for developers to shy away from building, there are some in New...

A report from KTVN in Nevada. "Yes the expensive Reno-Sparks housing train is still rolling, with the latest median house price racking up another near-high. At Keller Williams Group One Realty, real estate agent Guy Johnson reads off the latest high number: 'October's median sales price jumped up...

A report from Mansion Global on Canada. "The number of residential sales in the Greater Toronto Area (GTA) fell 26.7% year-over-year to 7,118 in October, according to the Toronto Real Estate Board, suggesting that the government’s cooling measures might have taken effect. Luxury home sales, those...

A report from Bisnow on Georgia. "A Texas developer is debuting its mixed-use endeavors right next door to the new Mercedes-Benz North American headquarters, a move that could be just the start of a host of new projects in Atlanta for the firm. Dallas-based StreetLights Residential has broken...

A weekend topic starting with an opinion piece by Peter J. Wallison & Edward J. Pinto at Real Clear Politics. "Two powerful lobbying groups that advertise themselves as helping Americans buy homes have announced that they will oppose the Republican tax plan. Their reason? Because it will lower...

It's Friday desk clearing time for this blogger. "Anyone who bought a luxury condo two or three years ago and is now trying to sell is faced with falling prices and a glut of new product that, in Manhattan, is still growing. That not-so-perfect storm, sources said, is pushing those sellers into a...

A report from the Washington Post. "Average rents at the District’s higher-end apartment buildings have turned lower over the past year, research firm Delta Associates found, as a surge of new projects in the Southwest Waterfront area brings fresh competition to recently gentrified neighborhoods in...

A report from The National. "Global property has been one of the finest investments of the last decade, with the major global 'superstar cities' spearheading the charge. New York, London, Toronto, Singapore, Hong Kong, Shanghai, Mumbai and of course Dubai are just some of the cities that have...

A report from the Portland Tribune in Oregon. "A national expert says Portland faces many of the same problems as other cities with availability and affordability of housing. But Christopher Herbert said a couple of factors — rising prices and rents, and gentrification of neighborhoods — put...

A weekend topic on Canada and Australia starting with the Toronto Star. "The cost of a newly constructed detached home in the Toronto region dipped slightly in September to $1.6 million, down from about $1.8 million in August as more new low-rise housing came onto the market. Nevertheless, Building...

It's Friday desk clearing time for this blogger. "Just outside Macomb city limits is the Georgetown subdivision with a look reminiscent of the colonial era. However, also part of the landscape -- lots of 'for sale' signs. Real estate agent Steve Silberer said a few years ago, townhomes in the...

A report from the Denver Post in Colorado. "Apartment rents slid a little and vacancy rates rose as metro Denver absorbed a historically large number of new apartments during the third quarter, according to the Apartment Association of Metro Denver. The metro area has added 9,713 new apartments in...

A report from the Austin Monitor in Texas. "Realtor Barrett Raven said he isn’t feeling the effects of a recent change playing out in the Austin area. Compared to this time last year, foreclosures in the Austin-Round Rock metro area have increased by 29 percent, according to a report out this month...

A report from Baystreet in Canada. "Federal officials in Ottawa have announced new regulations that would make it more difficult for Canadians to qualify for uninsured mortgages – a move that will impact consumers with down payments of 20% or more. In a report to clients, Rob Sedran, an analyst at...