The Housing Bubble Blog

Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.

There Is A Chance It Could Get Cheaper

Reuters reports on Sweden. "Sweden's housing market and high levels of household debt are a growing risk to the country's financial system and authorities need to take action, the head of the country's central bank said in a newspaper interview. The Riksbank has slashed its benchmark rate and...
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Greedy Bastards Selling At Inflated Prices

The News-Leader reports from Missouri. "Christian County, Nixa and Ozark issued a combined 163 building permits for single family residences in 2011. So far combined this year, they've issued more than twice as many — 354. Jason Massengale, a Nixa real estate agent with the Heartland team of Keller...
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Stop Panicking And Accept The Short-Term Pain

A report from News Corp Australia. "It's not the news property investors want to hear. Just as price growth begins to slow, rents are also on a slow down and going backwards in some capital cities. 'There is still a lot of new properties under construction at the moment, particularly units, and...
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An Outlier In Terms Of Headline Value

A weekend topic on a trial that just concluded, reported by the Omaha World Herald. "U.S. prosecutors on Thursday put a human face on the collapse of TierOne Bank during the federal criminal trial of ex-Chief Executive Gil Lundstrom. Judith Klinkman, a longtime bank employee, testified that she was...
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It Couldn't Last, And It Didn't

It's Friday desk clearing time for this blogger. "Short supply has been underpinning skyrocketing resale prices in both Collier and Lee counties, Naples real estate economic adviser Michael Timmerman told a group of about 50 builders and developers. The biggest surge in new home starts seems to...
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Prime For A Value-Add Strategy

The Associated Press reports on Oregon. "Portland has been a magnet for young, creative adults for over a decade. But the city's popularity has had another effect: Those who helped make it cool can't afford to live here anymore. Evictions and skyrocketing rents are putting apartments out of reach...
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On The Downward Slope Of The Peak

A report from the South Florida Business Journal. "Many of South Florida’s leading condo experts said a slowdown in sales will likely prevent some projects from breaking ground, but the long term view for Miami’s condo market remains positive and another meltdown doesn't appear imminent. The...
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If The Money Leaves You Have Chaos

The National Mirror reports from Nigeria. "It is no longer news that the FCT stands head and shoulders above other Nigerian cities in massive building construction. Investing in real estate business and massive building construction has held a certain fancy for most investors in the city. That...
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The Potential For A Bubble Burst Is Certainly Real

The San Francisco Business Times reports from California. "It's official: San Francisco's luxury housing market is cooling, according to Paragon Real Estate Group. 'The luxury home market hasn't 'crashed.' There are still high-end homes selling very quickly for very high prices and competitive...
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