The Housing Bubble Blog

The Missoulian reports from Montana. "Craig Siphers had a notion that the run on real estate in the Bitterroot Valley might be slowing during the summer of 2006. But the longtime real estate agent with Hamilton's Exit Realty couldn't have predicted then just how far it would fall. 'The valley could...

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It's Friday desk clearing time for this blogger. "Foreclosure filings in Gallatin County have tripled since 2006, when 37 homes were foreclosed upon. Counselor Tracy Menuez of the Human Resource Defense Council said she visited with more people facing foreclosure last week than she had during...

Actually, for the next four days.

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The Ventura County Star reports from California. "Thousands of Ventura County residents were pushed out of their homes last year, and many more were left hanging on by a thread — a situation exacerbated by mounting job losses. In Ventura County, December foreclosure filings surged 37 percent from...

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WCSH 6 reports from Maine. "2008 was a difficult year for real estate on many fronts. But 2009 is a new year, with new opportunities and challenges -- both for those looking to buy and sell. In Maine the number of housing units sold fell 21% from 2007 to 2008.... and those that did sell, sold for...

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The Daily Press reports from California. "First-time home buyers jumped into the local real estate market in December, pushing sales of existing homes up by 17 percent for the month and 207 percent compared to a year ago, according to new from the Victor Valley MLS compiled by Larry Trombley, an...

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

The Mail Tribune reports from Oregon. "Sales of existing homes in Jackson County for the last quarter of 2008 held steady when compared to a year ago, with notable increases in Central Point, Eagle Point and White City. But prices continued to trend downward. New home sales countywide dropped...

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It's Friday desk clearing time for this blogger. "More than a million U.S. homeowners are expected to hand over their house keys in 2009, as they lose property to foreclosure. Judging by the increase in trustee's sale notices, Bonner County has been swept up in this ugly national trend. Laura...

The East Valley Tribune reports from Arizona. "The mortgage crisis is emptying out East Sierrita Road. Families are leaving the homogeneous neighborhood south of Queen Creek by desperation or by force. Zakary and Rachel Lutterman bought a home on Sierrita during the dizzied real estate market of...

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The Charlotte Sun reports from Florida. "The annual Fishkind Report released Tuesday by Attorneys' Title Insurance Fund projects Florida's economy to rally last among all states, and possibly not until 2011. All Florida housing markets will be down through 2009, according to the report. First...

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The San Francisco Chronicle reports from California. "The number of scheduled foreclosure sales and defaults in core areas of Northern and Southern California exceeded a half million during 2008, up 132 percent from the previous year, according to Default Research. In the Bay Area counties of...