The Housing Bubble Blog

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It's Friday desk clearing time for this blogger. "From Key West to Tallahassee, Brevard County to Belleview, local governments struggling to reinvigorate the stagnant housing market are finding themselves in the middle of a heated debate regarding impact fees. Developers are pushing municipalities...

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The Santo Cruz Sentinel reports from California. "Wary house-hunters see opportunities now that home prices have dropped dramatically. Buyers will find lots of choices in Watsonville and the San Lorenzo Valley at close to the February's median selling price of $380,000, but not many in Santa Cruz....

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The Union Leader reports from New Hampshire. "Optimistic that the housing market in southern New Hampshire will stabilize by the end of this year, real estate agents are looking at two major infrastructure projects to spur on home sales in coming years. Plans to connect the F.E. Everett Turnpike...

Please visit the HBB Forum. Post off-topic ideas, links and Craigslist finds here.

Please visit the HBB Forum. Post off-topic ideas, links and Craigslist finds here.

The Denver Post reports from Colorado. "A state bill that increases the penalties for violating real estate appraisal laws has cleared the House and awaits Senate action. If approved by the legislature, the bill would triple the maximum prison term and increase sixfold the fines for first-time...

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The Union Tribune reports from California. "With thousands of homeowners struggling to avoid foreclosure, the loan-modification business has exploded in California. Complaints to the state Department of Real Estate about such businesses have risen from a handful six months ago to a total of 240...

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The News Press reports from Florida. "The old Lochmoor Country Club in North Fort Myers will be auctioned April 14 on the courthouse steps for more than $94 million - the biggest foreclosure in Lee County history, according to local real estate experts. Minneapolis-based Marshall Investments Corp....

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It's Friday desk clearing time for this blogger. "None of the half-dozen bargain-hunters knew for sure how many homes would be auctioned off on the steps of Chesterfield County Courthouse last week. Of the nine that were advertised, only one went to bid -- and it went back to the bank. It reflected...

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The Santa Cruz Sentinel reports from California. "The median price for a single-family home in Santa Cruz County plunged in February to $380,000, the lowest since January 2000, prompting one agent to declare the market has bottomed out. Gary Gangnes of Real Options Realty tallied 92 sales, with...

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A report from the Idaho Statesman. "Fewer homes were sold in Ada and Canyon County in February than in any February in the last 10 years, according to the latest report from the Intermountain MLS. The median price of homes sold continued to decline — down 18 percent in Canyon County and 11 percent...

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