The Housing Bubble Blog

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

Money Can Change Spending Habits

It's Friday desk clearing time for this blogger. "As the Bay Area's hot housing market shows early signs of cooling, an anticipated surge in the number of homes put up for sale this month raises the question of whether the region will experience a buyer's market for the first time in years....
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An Ongoing Eventuality

The Dallas Morning News reports from Texas. "North Texas’ hot summer housing market racked up more big gains in August. Real estate agents last month sold 10,223 preowned single-family homes through their multiple listing service. It was the third month in a row that resales in North Texas topped...
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Another Property Boom Could Soon Turn To Bust

Blomberg reports on the UK. "Investors betting on making a quick profit on luxury apartments in south London’s Nine Elms district, Europe’s largest project for prime new homes, are facing long waits for buyers. Almost 30 percent of new properties in the district have languished on the market for...
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A Noticeable Shift From The Go-Go Days

A report from the Oregonian. "Portlanders apparently upset with the direction of the local housing market are slapping 'no Californians' stickers on For Sale signs in the city, real estate agents say. 'A lot of these homes are going into bidding wars and going over ask price,' said Quinn Irvine, of...
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An Oversupply And Investors Are No longer As Interested

680 News reports from Canada. "A study by Angus Reid found that nearly half of millennials living in Toronto consider leaving because of high housing prices. In the survey, 45 per cent of people aged 18-34 agree they are 'seriously thinking of leaving the GTA because of the cost of owning a home...
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Commerce Is How It Will Pan Out

The Ocean Beach Rag reports from California. "Short-term vacation rentals are on the minds of a lot of people these days, especially with those who live at the coast in San Diego. The two sides are in contention, for example, over how many of the Airbnb listings in San Diego include the entire...
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Many People Can't Afford To Price Aggressively

It's Friday desk clearing time for this blogger. "Almost half of single-family houses in the New York and Washington metropolitan areas are losing value, a sign that buyers' tolerance for high prices in many large U.S. cities may be reaching a limit, according to a new index created by Allan Weiss,...
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The Increasingly Common Notion That A Bubble Is Forming

The News Press reports from Florida. "Single-family-home permits spiked up sharply to 2006 levels in Cape Coral in August. Even the recent turmoil in the stock market and the global economy hasn’t deterred prospective home owners, said Bob Knight, president of Cape Coral-based Paul Homes. 'There’s...
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Money Tied Up That They Can’t Afford To Lose

The Vancouver Sun reports from Canada. "Buyers from mainland China and a dwindling supply of high-end detached homes are driving Vancouver’s luxury real estate market, with has seen an 80-per-cent increase this year compared to 2014 in the number of sales over $3 million. 'Mainland China is...
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