The Housing Bubble Blog

The Bozeman Daily Chronicle reports from Montana. "Bozeman city officials are looking for new ways to create affordable housing after a plan adopted four years ago has failed. In July 2007, when homes were still shooting up across Bozeman, city officials adopted the workforce housing ordinance,...

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The Gazette reports from Colorado. "A Colorado Springs real estate company that’s developing home sites in Cedar Heights — one of the city’s most exclusive neighborhoods and home to million-dollar mansions — has been hit with a $5.8 million foreclosure notice. Cedar Heights Development LLC, headed...

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A report from WTOP. "According to the latest Delta Associates Mid-Year Washington/Baltimore Condominium Report, condo sales in the Washington region plummeted 43 percent from June of 2010 to June of this year. In fact, there are so many unsold condos on the market right now, it would take nearly...

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Readers suggested a topic on the housing bubble and central bank policy. "This recession has been going on since approximately 2007 with no end in sight. Much has been written about Japan’s 'Lost Decade.' Are we in an American 'Lost Decade'? Will it last longer than a decade?" A reply, "Some have...

Periodically, I've asked readers to contribute to the ongoing costs of running this blog, and now is such a time. Many people already regularly contribute. I also realize that with the economy the way it is, some are not in a position to help and I understand completely. For those of you who are...

What do you see in your housing market this weekend? Foreclosures? "Flagler County had a big spike in foreclosures last month, causing it to have the state's highest ratio of foreclosure properties compared with total number of homes. Foreclosure activity in Flagler jumped more than 215 percent...

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It's Friday desk clearing time for this blogger. "Instead of 'bleeding dry,' it may be time to stop making mortgage payments and face foreclosure head on. Many homeowners are spending every penny they have to pay their mortgage while they wait five or six months to hear back from their bank on loan...

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The Bay Citizen reports from California. "The Obama administration's flagship anti-foreclosure program is failing California homeowners according to a report released Tuesday by the San Francisco-based California Reinvestment Coalition. In San Francisco and the East Bay, the group found that only...

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WBBH reports from Florida. "One condominium complex in Southwest Florida that struggled to sell in the past has opened its doors for sales again. Eight years ago, the housing market was much different. Homeowners Joe and Joyce Rutter actually waited in line to buy a house in Tarpon Gardens....

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The Record reports from New Jersey. "The Vistas, a condominium near Paterson's Great Falls, opened in December 2008, but it has quickly become an uninhabited magnet for vandals. The 10-unit condominium building was supposed to be the first of 12 such structures to be built at a cost of about $36...

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