The Housing Bubble Blog

A report from the Washington Post. "Last summer, the Washington area real estate market was as competitive as ever, but the pace of the market has slowed considerably this year. In July, the typical home in the Washington metro area was on the market for 39 days before finding a buyer. That’s 19...

The Baton Rouge Business Report in Louisiana. "While the Baton Rouge area saw home sales rise 3.5% last month, inventory is growing and the pace of slowing, according to the Greater Baton Rouge Association of Realtors. The 4,198 homes on the market last month represented a 16.8% increase over the...

A report from the Providence Journal on Rhode Island. "While median sales prices for single-family houses climbed 3.5 percent in July compared to the same month a year earlier, the Rhode Island Association of Realtors cautioned that the market may be cooling as the number of houses for sale...

A report from the Australian Financial Review. "Just like the party room at Parliament House on Friday, you can cut the auction tension over the weekend with a knife. The Australian Financial Review went on a roadtrip to the western Sydney suburbs of Guildford, Merrylands, Lidcombe and Wentworth...

A report from the Abilene Reporter News in Texas. "Last school year, Bobby Easterling's Jim Ned Consolidated Independent School District experienced 6.5 percent growth. This year, he's projecting something close to that. And while the areas south of Abilene may be seeing new homes built and new...

A report from the Western Investor on Canada. "With the region now deemed the second-least competitive housing market in Canada, the tides have certainly turned in Lower Mainland’s housing market – particularly in the detached sector, and especially for higher-priced properties. The recent sale of...

A weekend topic starting with Westfair Online in New York. "A visa investment fund is suing the developers of the MetLoft Bronxville condominiums for $5 million, claiming the project is in default. The allegations, at first glance, are simple: The loan was guaranteed by the developers. Now that the...

A report from the Sacramento Bee in California. "A Carmichael resident landed in the national spotlight in March, when she put her family home up for sale. She had one special instruction for her real estate agent: Do not sell to a Donald Trump supporter. After being taken off the market...

It's Friday desk clearing time for this blogger. "Catherine Horne and Joe Hicks rent a home in Maple Valley. And while they like it, they’d rather be homeowners. And it’s been a frustrating couple years to be a home buyer in the Seattle market. They felt overwhelmed watching home prices climb....

A report from Ithaca.com on New York. "Recent trends show the seemingly bottomless demand for student housing might have actually met its bottom, or is at least approaching it. 'We are hearing the same complaints and it is getting stronger than it has in the last few years,' Tompkins County...

A report from the Orange County Register in California. "What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Last weekend, I spent four hours sitting an open house with a Realtor on a cute entry-level condo in La Habra selling for $400,000. About 15...

A report from CNBC. "A slew of negative housing numbers for July are piling up on top of a slew of negative housing numbers from the last several months. Sales of new and existing homes are falling, construction of single-family homes is basically flat for the year, mortgage rates are rising and...

A report from the Charlotte Observer in North Carolina. "More Charlotte home listings saw price cuts in June than a year earlier, indicating that Charlotte’s housing market is shifting 'ever-so-slightly in favor of buyers,' a Zillow report says. Sellers cut home prices 15.4 percent in the Charlotte...

A report from NBC 2 in Florida. "For the first time in years, information from ATTOM Data Solutions said there is a nationwide increase in foreclosures. ATTOM said our area has seen an 11 percent increase in foreclosures from April to May, a 64 percent increase from May to June, and a 59 percent...

A report from MarketWatch. "Existing-home sales ran at a 5.34 million seasonally-adjusted annual rate in July, down 0.7% versus June, the National Association of Realtors said Wednesday. That was the lowest pace since February 2016. July’s selling pace was 1.5% lower than a year ago, and at the...

A report from the Miami Herald in Florida. "Hurricanes have given Florida a break thus far this summer. But a stealthier kind of storm has already hit the state. A new study by Attom Data Solutions shows Florida had one of the highest rates of foreclosure starts in the U.S. in July, compared to the...

A report from the Australian Financial Review. "One of the first victims of collapsed Chinese residential agent Ausin said she would not buy real estate in Australia again after her experience with the company, which promised to navigate complex Chinese capital transfers in order for her to buy a...

A report from the Press Democrat in California. "The wind has shifted this summer in Sonoma County’s housing market, with slower sales, rising inventory and an end to sellers automatically asking for more cash than their neighbors received for comparable homes. July home sales fell to their lowest...

A report from The Real Deal. "New home foreclosure filings nationwide inched up in July, signaling the first year-over-year rise after three consecutive years of decreases. The report from Attom Data Solutions is an indication the U.S. housing market may be nearing the end of the cycle, and that...

A report from the Wall Street Journal on New York. "Sales of the most expensive New York apartments fell sharply in the first half of the year, but many sellers have adjusted by cutting asking prices to make deals, brokers said. Overall sales of apartments priced at $5 million or more fell by 31%...