The Housing Bubble Blog

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It's Friday desk clearing time for this blogger. "President Barack Obama has made numerous visits in recent months to rejuvenated auto factories and high-tech companies to tout his economic policies to address high unemployment. West Coast Democrats note that you don't see him making stops in...

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The Sussex Pilot reports from Delaware. "A couple of weeks ago, Delaware Gov. Jack Markell became the latest in a string of state leaders across the country to declare the month of June as 'Home Ownership Month,' illustrating the importance of real estate to grow and sustain the nation’s fragile...

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The Greenville News reports from South Carolina. "Unemployment, job security, and the inability to obtain financing for a mortgage are some of the factors that weighed down statewide home sales in May. Local real estate professionals say one of the biggest hindrances to the housing market...

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The Advertiser reports from Louisiana. "Two real estate agents, Terrica Smith and Stacey Arceneaux believe that today's market in Louisiana benefits neither party. 'It's not a buyers or sellers market, it is a stabilized market,' Smith said. 'Buyers market doesn't mean you can go out and buy a...

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The Greeley Tribune reports from Colorado. "For months, Mitzi Williams has been searching for a house in Greeley. She doesn’t want anything extravagant — just a rental with two or three bedrooms and a yard for her dogs. But she and several other potential renters these days are caught in the middle...

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Readers suggested a topic on the foreclosure market. "I have noticed that Fannie and Freddie Homepath and Homesteps programs have attractively priced homes. Supposedly aimed at first time home buyers. The interesting thing is that I have called on several and have failed to get even a showing on...

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Readers suggested a topic on financial reform and the economy. "Welcome to Obama-World. Businesses must drastically cut their number of employees due to increased taxes, charges, regulation, fees, etc. Have you read the financial reform legislation? It dramatically hinders the ability of banks to...

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It's Friday desk clearing time for this blogger. "Buffalo's Housing Court judge says problems with absentee landlords who live in other states or countries are 'out of control,' and he's endorsing a plan to license most property managers. 'We have thousands of pieces of property owned by people in...

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The Portland Daily Sun reports from Maine. "The US Department of Housing and Urban Development (HUD) feels your pain, Maine, and has decided to pony up some checks. The program is named the 'Emergency Homeowners Loan Program' is set up for people that have fallen behind in their mortgage payments...

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