The Housing Bubble Blog

The Aspen Times reports from Colorado. "The highest of the high in the Aspen-area real estate market is recovering the quickest. There have already been 14 sales of homes priced in excess of $10 million, and another three houses at that price level are under contract, according to Craig Morris, a...

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Readers suggested a topic on mortgage brokers and lenders. "Here In Northern Ohio things seem to continue on a downhill slide. Local bank refuses to extend a small HELOC that I've had for 30 years. They wring their hands and say the government rules wont let them make any exceptions. I used a...

What do you see in your housing market this weekend? Vacancies? "While local housing vacancy rates remain relatively low, nearly every Lehigh Valley town has more vacant homes or apartments today than in 2000. Allentown and Easton, and small rural boroughs such as Bangor, Portland, Walnutport,...

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Posters suggested a topic on jobs and the economy. "There is not much demand for non skilled American labor from either end of the market - from the employer’s end or from the employee’s end. For example, American kids don’t want to mow lawns, don’t want to deliver papers as they used to do in the...

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It's Friday desk clearing time for this blogger. "Nobody's sugar coating it. Real estate in Grand County, like anywhere these days, is a tough sell. There is 4 years worth of inventory in the $650,000 to $900,000 segment. One of the toughest things for sellers out there, said broker Katie...

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A report from the Florida Times Union. "The four-bedroom house on the bank of the St. Johns River was nice. Built in 1990, it sold for $715,000 at the height of the real estate bubble in 2006. Since then, the home was partially burned in a mysterious fire, a next-door neighbor said. Then it was...

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The Rapid City Journal reports from South Dakota. "According to the Black Hills Multiple Listing Service statistics, from January 2010 to May 2010, the average selling price for residential homes -- which include single family, new construction, manufactured homes, townhouse/condos and recreational...

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The Los Gatos Weekly Times reports from California. "More than 30,000 California families will face higher down payments, higher mortgage rates and stricter loan qualification requirements if conforming loan limits on mortgages backed by the Federal Housing Administration, Fannie Mae and Freddie...

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What's your housing bubble prediction for the second half of 2011? Some from the beginning of the year: "No new stimulus or bailouts from a gridlocked congress for 2011. Housing prices will continue to fall. Massive cuts to city/county and state public workers. Massive cuts to state budgets (this...

What do you see in your housing market this weekend? Statistics? "The Assessor's Office will mail 475,296 Assessment Notification letters which detail each property's assessed value as of January 1, 2011 (lien date). Each notice serves as the basis for the calculation of property taxes contained in...

Post off-topic ideas, links, and Craigslist finds here.

Post off-topic ideas, links, and Craigslist finds here.