Buyers Assumed Prices Would Keep Rising

It's Friday desk clearing time for this blogger. "Local communities that once were among the fastest-growing in the nation became virtual ghost towns when the recession hit, leaving builders with a deep overhang of empty new houses and sweetly named subdivisions little more than undeveloped weed...
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Home Isn't Here

The Vail Daily reports from Colorado. "The most recent report from Colorado Housing, a group dedicated to affordable housing for low-income renters, paints a vivid picture of increasingly expensive housing for rent. But Eagle County has several hundred apartments that have income limits of one kind...
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No Longer A Given Or Even A Goal

The Daily Times reports from Delaware. "At the Wood Creek Golf Community, rumors swirl that the 18-hole course won't get cut this spring. The club house is functional, but partly: Kitchen equipment was sold at auction. Now, news has spread that the principal at PCS Homes that built Wood Creek filed...
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The Downward Pressure In Texas

The Dallas Morning News reports from Texas. "North Texas home sales were 20 percent lower in April than a year earlier, when buyers were rushing to take advantage of expiring tax credits. April’s sharp decline was the 11th consecutive month in which pre-owned home sales in the area were down from...
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The Music Keeps Playing, Everyone Keeps Dancing

Readers suggested a topic on housing and globalization. "How house prices may be affected in the long run due to downward pressure on wages caused by offshoring. There are many who worry that inflation may cause the price of everything (including houses) to rise. But is that possible when wages...
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Local Market Observations

What do you see in your housing market this weekend? Vacancies? "Newly released census figures show a marked increase since 2000 in vacant housing across Brevard County. Palm Bay's housing vacancy rate climbed from 5.8 percent in 2000 to 10.4 percent last year. Most of those residences are...
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Too Much To Ask For?

Readers suggested a topic on retirement. "I would like to see a topic on retirement planning for those of us who are younger, (22-35 or 22-40). The Plan B post had a few comments that touched on this but I would like to see more on this subject. Personally I’m in my early 30s and have managed to...
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The Darwinian World Of Real Estate

It's Friday desk clearing time for this blogger. "A landmark bill aimed at reducing mortgage foreclosures is now perhaps the strongest law of its kind in the country. According to Keali'i Lopez, director of the state Department of Commerce and Consumer Affairs, there were some 6,000 foreclosures in...
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It Depends On A Constant Flow Of Imported Money

A report from the Spokane Review. "In 2002, there were four North Idaho homes listed for sale at more than $1 million. Just two sold. By mid-decade, there were dozens of listings, said Coldwell Banker Schneidmiller Realtor Joel Elgee. Major magazines like Outside, Sunset, Forbes and Smart Money...
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