The Housing Bubble Blog

A report from the Miami New Times in Florida. "A study by Andrew Stearns, a real-estate analyst who runs the website StatFunding.com, paints a bleak picture for Miami's condo market. Stears for months has warned that the massive glut of new condo buildings coming to market could hedge into anything...

A weekend topic starting with The Atlantic. "One of the most useless political observations since the election is that liberal elites live in bubbles. It is useless, not because it’s wrong—they often do—but rather because it’s like saying 'liberal elites live in the biosphere.' Living in bubbles is...

It's Friday desk clearing time for this blogger. "Uncertainty around the election spooked wealthy home buyers in the fourth quarter, continuing 2016's slowdown in luxury real estate, according to several new reports. Sales in the Hamptons, Aspen and Los Angeles fell by double-digit percentages in...

A report from Curbed Chicago in Illinois. "While Chicago’s new condo market continues its slow thaw out of the deep freeze of the Great Recession, an ambitious project planned for the northwest corner of Chicago and Wells appears to have hit serious trouble. Known by its address of 808 Wells, the...

A report from the New York Times. "During the past decade, many U.S. cities have been transformed by young professionals of the millennial generation, with downtowns turning into bustling neighborhoods full of new apartments and pricey coffee bars. But soon, cities may start running out of...

A report from Metronews in Canada. "Despite a recent slowdown in Vancouver’s housing market, developers are maintaining their rosy view for the industry in 2017. Vancouver’s single family detached market has slowed considerably, and seen downward price adjustments, following the province’s...

A report from the Boston Herald in Massachusetts. "Real estate agents working the Hub’s toniest neighborhoods and suburbs know that buyers from China are increasingly buying up pricey homes around Boston — a trend that some analysts say will decline dramatically this summer. And despite a recent...

A report from the Charlotte Observer in North Carolina. "It’s commercial real estate forecast season in Charlotte. Experts and real estate professionals seem agreed that while Charlotte’s white-hot pace of growth in everything from rent to new construction might slow down a bit this year, there...

A weekend topic starting with D Magazine. "Dallas certainly has its own, particular financial problems: a police and fire pension fund that is facing insolvency, the legacy of a bungled affordable housing policity that lost millions of federal dollars in the couch cushions. But the city’s huge...

It's Friday desk clearing time for this blogger. "Condos and single-family homes spent more time on the market and sold for a bigger discounts as luxury homeowners have begun to face reality in South Florida. The fourth quarter Douglas Elliman reports show the more than yearlong slowdown in Miami...

A report from The Signal in California. "Real estate may still be the best long-term investment, but first-time homebuyers are finding it more difficult than ever to grab onto the first rung of the ladder, partly because owners simply are not selling, opting instead to stay put. Ultimately, that...

A report from the San Francisco Business Times in California. "The increasing inventory coming onto San Francisco's condo market has some experts warning about a 'condo glut.' Condo supply in San Francisco was up by 70 percent in 2016 compared to 2012, with roughly 1,000 units on the market and...

A report from Nebraska TV. "After the boom comes the bust. Farm incomes have dropped three straight years following record highs, and that makes for difficult conversations between landlords and farmers who rent. Experts tell farmers the time to dream about better prices has passed. Allan Vyhnalek,...

A report from the Union Tribune in California. "Towering over a part of San Diego known more for offices than apartments, The Rey is one of downtown’s biggest apartment complexes in years. Coming in at 22 stories with 478 apartments, the development will balloon to more than 900 units if it decides...

A report from The Middle Ground in Singapore. "As of last December, rental yields in Singapore are down 19.9 per cent from their peak in 2016. This is a huge deal, for reasons explained below. As for condomniums, last December was the sixth consecutive month of declining rental yields. It’s not a...

A report from Bisnow on Washington, DC. "In recent years, DC has experienced an influx of Millennials who have boosted absorption in the rental market, but Delta Associates' latest multifamily report says that trend is slowly fading. While absorption remains well above the 10-year average, 2016 saw...

A report from CBC News in Canada. "Real estate numbers show hundreds of new condos in Calgary are sitting empty. The Canada Mortgage and Housing Corporation (CMHC) says about 1,500 newly-built housing units sat vacant across the city last month and more than 800 were apartment-style condos. Calgary...

A report from the Mail Tribune in Oregon. "In many respects, 2016 was just the kind of year Jackson County real estate agents like. During the fourth quarter of 2016, median prices jumped 9.7 percent to $247,375 from $225,440 for the corresponding period in 2015. During the past five years,...

It's Friday desk clearing time for this blogger. "Douglas Elliman has released its rental report for the final month of 2016, showing that the rental market did not end the year with a bang. December marked a record amount of leases signed with concessions, 26.4 percent. That’s double the amount...

A report from the Dallas Morning News in Texas. "Homebuilders in North Texas and around the country are looking forward to at least a couple more good years for sales and construction. But some tough times could be down the road with a possible recession and another price bubble, a housing industry...