The Housing Bubble Blog

The Ventura County Star reports from California. "According to Bill Watkins, executive director of the UC Santa Barbara Economic Forecast Project...a foreclosed home in California sells for $200,000 less than a traditional home. Until foreclosures are worked through the market, 'we don't think the...

Readers suggested a topic on what constitutes wealth. "For holiday discussions, I wouldn’t mind creating a 'true wealth' list. I’ve just recovered from 6 weeks of constant pain due to a back injury. Good health and a pain-free life (which I am once again enjoying) are definitely at the top of my...

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.

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.

Just think; four years ago the idea of a housing bubble was considered by most to be a laughable conspiracy theory. And now, it's collapse is changing almost every person's life on the planet. The Palm Beach Post. "Short sales, suddenly all the rage amid a cratering housing market, are a lot like...

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The Enquirer reports from Ohio. "Linda and Peter Gatchell's dream was simple. After years of saving, the Deerfield Township couple was ready to move from their suburban cul-de-sac to a five-acre spread in Morrow. So in June they placed their three-bedroom home in the Mason school district on the...

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

The Union Tribune reports from California. "After a sharp decline in foreclosure activity that began in September, San Diego County default notices bounced back last month. DataQuick also reported 1,045 foreclosures in the the county last month, a decrease of nearly 9 percent from October but a...

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A report from the Arizona Republic. "The Valley housing market broke records in September for the sharpest year-over-year drop in same-home sale prices and most consecutive months of decline, according to Arizona State University. The current decline became the longest on record in August,...

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It's Friday desk clearing time for this blogger. "Six years ago, Paul Nelson gave up his long career in the defense industry for what he thought would be a peaceful retirement in Tucson. But retirement hasn't worked out the way he planned. In 2006 his wife of 46 years died unexpectedly. He tried to...

The Marin Independent Journal reports from California. "Another month of plummeting home sales in Marin included a price drop of nearly 30 percent from November 2007, as discounted foreclosure sales continued to drive the Bay Area market. The median price of a single-family home in Marin last month...

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The Miami Herald reports from Florida. "South Florida's foreclosure crisis is creating unique hardships for renters in some apartment buildings. Unlike tenants of condos and houses, apartment dwellers rely on landlords to collect garbage, keep up the premises and make repairs. So when a landlord...

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.