The Housing Bubble Blog

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The New Haven Register reports from Connecticut. "Sen. Christopher J. Dodd, D-Conn., met with state NAACP members Monday on the housing crisis, where he assured those in attendance he would seek greater 'bottom-up' assistance. Citing statistics showing African-Americans were targeted for subprime...

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The Denver Post reports from Colorado. "Mike Kraft, a Realtor in Loveland, said first-time buyers have an edge in the current marketplace. The property they buy won't have inflated equity, Kraft said, and many sellers are willing to help with closing costs. 'It's a buyer's market. There's a lot of...

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 San Francisco Chronicle reports from California. "From her snug one-bedroom condominium near San Francisco State University, Lea Azucena has watched family members struggle against foreclosure. But Azucena is not worried about losing her home, even though she recently lost her job. The payments...

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It's Friday desk clearing time for this blogger. "Record numbers of Sonoma County homeowners are seeing property taxes fall, softening the blow from plummeting values. Steven James and Judy O'Brien bought their Windsor home in February 2005 for $670,000. While the couple recognized the county's...

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Readers suggested a topic on the future housing markets. "What are HBB predictions for when the housing market will bottom out, and why?" One was bearish. "I think it will be so bad in 2009 that no statistics are even made. Like the lost years. The dark ages of the housing market in California...

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Readers suggested a topic on the future of the real estate industry and the housing bubble. "Is there any cause for hope that the NAR will go bankrupt before the housing bust ends? CNN Money. "The number of existing homes sold during November plummeted 8.6% as prices plunged by record amounts,...

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The Inland Valley Daily Bulletin reports from California. "Foreclosed homes are getting scooped up by investors and first-time buyers, but the massive supply of units being repossessed by banks and put on the market still exceeds home-buyer demand. More plunging home values are destined for...

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The Gazette Times reports from Oregon. "After a months-long struggle to move through the city’s planning department and overcome objections by wetlands advocates, Ashwood Preserve is up for sale. The 9.52-acre parcel, which became a test case for a provision which allows a land owner to build on...

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The Atlanta Journal Constitution reports from Georgia. "State regulators issued a prescient warning to Georgia banks three years ago. If they kept lending mostly to real estate developers, the banks were told, they risked huge losses, or even failure, if the housing bubble burst. The warning,...

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