The Collective Madness Of The Super Cycle

It's Friday desk clearing time for this blogger. "Potential home buyers will get some modest relief from escalating home prices next year, according to the 2016 real estate forecast from the Everitt Real Estate Center at Colorado State University. The Everitt Center predicts about 3,477 home sales...
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Cries For Help From Investors

A report from Crain's New York. "Toll Brothers Inc. plans to use competitive pricing and offer buyers incentives to speed up sales at some of its New York City condominium projects. 'There are certain units in certain locations within a building that are hot, and then there are other units that may...
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Buyers Attitudes Are Changing Dramatically

The Union Tribune reports from California. "Most San Diegans can’t afford to buy a home in San Diego. But that doesn’t mean local home sellers are out of options. The San Diego branch of Pacific Sotheby’s International Realty is working with a Carlsbad website that specializes in fishing for the...
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It Will Be Hard To Get The Goldilocks Adjustment

Bloomberg reports on Vietnam. "Just six years ago, when Indochina Land sold condominiums in a Hanoi high-rise, buyers hauled sacks filled with dong, accompanied by policemen, to finalize their home purchases, says Tony Diep, managing director of investment firm Indochina Capital. Indochina Land is...
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No Longer A Part Of Our Economy

The Press Democrat reports from California. "The state’s 4-year-old drought may still be with us, but an even-longer dry spell for Sonoma County homebuilders appears to be ending. Sonoma County builders this fall are moving forward with more than 20 projects from Petaluma to Windsor. Together they...
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The Markings Of A Bubble

A weekend topic on the state of the housing bubble. The San Mateo Daily Journal in California, "As the weather has cooled, so has the local real estate market, as reports show there are more homes on the market selling for less money than months prior. The average home sale price across San Mateo...
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In The Absence Of Gains, It’s Called Losing Money

It's Friday desk clearing time for this blogger. "A rise in short-term interest rates by the Federal Reserve in two weeks wouldn't snuff out the housing recovery, Fidelity Investments fixed-income portfolio manager Bill Irving said. 'I would say the Fed already started tightening monetary policy 2½...
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An Industry That’s Starting To Get Spooked By Luxury

The Portland Tribune reports from Oregon. "Martha McLennan, the executive director of Northwest Housing Alternatives, a nonprofit which builds and administers affordable housing in Oregon, said that she has also seen cases in Portland and Gresham in which a buyer purchases an apartment complex,...
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Prices Have Already Soared Enough

The Medicine Hat News reports from Canada. "A federal housing report predicts minimal growth in Medicine Hat’s new-home construction sector, but a large developer disagrees with the assessment for 2016 as being too rosy. 'I think 2016 will be one of the most difficult years ever in Alberta,' said...
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