The Housing Bubble Blog

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It's desk clearing time for this blogger. "From the Miami River to Midtown, downtown Miami condos are hot commodities among international buyers, brokers say, not least because renters are lining up to lease them. In new condo buildings, many of which still have developer units on offer, 'sales are...

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The Washingtonain reports on Delaware. "You might say that Tony Kornheiser, host of ESPN’s Pardon the Interruption, and wife Karril bought in Rehoboth Beach, Delaware, at the worst possible time. It was 2005, and the market was nearing its peak. Rehoboth’s walkable community reminded him of Long...

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The Grand Rapids Press reports from Michigan. "Architects and home designers headed into a national convention at the Amway Grand Plaza Hotel on Tuesday predicted a 'new normal' for economic activity in their industry, rather than a return to the housing boom. Wayne Visbeen, of Visbeen Associates...

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The News Journal reports from Florida. "Several Volusia County beachside cities that saw their fortunes rise with the condominium construction boom are now finding themselves financially hamstrung by the same residential market because of crashing condo values. Condo values are more volatile than...

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The Press Enterprise reports from California. "The midyear forecast update from the Los Angeles County Economic Development Corp. predicts Riverside and San Bernardino counties will lose about 3,100 jobs in 2011. If the forecast holds up it would be the fourth consecutive year of lost jobs for...

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Readers suggested a topic on alternative life choices. "There has been some discussion of the 'oil city plan': that is, save up, buy a cheap house cash, homestead for veggies, work a McJob for walking money, and generally live a low-level life. How about some discussion on building a checklist of...

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It's Friday desk clearing time for this blogger. "Imagine trying to sell your home and realizing it just isn't worth what you thought it was. If two homes are for sale, one for sale by owner and the other by a bank that desperately needs to get rid of foreclosed property, then a buyer will likely...

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The Greenwich Citizen reports from Connecticut. "Everyone loves a bargain, especially on the largest purchase they'll typically make -- real estate. Here are some Greenwich sales recently recorded that may surprise you: Fourty-seven Locust Street, a six bedroom, three bath downtown triplex...

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