The Housing Bubble Blog

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The Orlando Sentinel reports from Florida. "Orlando-area home sales have slowed, the inventory of house listings is up, houses are taking longer to sell and sellers have less negotiating power than they did a year ago, according to a report. Orlando Regional Realtor Association Chairman Zola...

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The Sun Sentinel reports from Florida. "Real estate agent Susan Gauthier isn't getting paid any more than her standard 3 percent commission to camp out in the cold. It's just part of the job this week. Gauthier, representing a New York couple, has stood in line since Thursday morning to reserve a...

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An international desk clearing post for the weekend, starting in California. "On a reality TV show about Bay Area real estate, he was Mr. Flip It. But now Todd Hill, of Los Gatos, stands accused in a lawsuit of defrauding his top investor of $6 million. The concerns stem from a civil lawsuit by...

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It's Friday desk clearing time for this blogger. "Northern Virginia had plenty of homes on the market in November, with a 35 percent increase of active listings compared to one year ago. Suzanne Granoski, who is the 2015 NVAR Secretary/Treasurer, noted that house hunters know the sales pace has...

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The Calgary Sun reports from Canada. "The oil price crash is helping whip up a perfect storm that’ll dramatically devalue Calgary’s housing prices, a senior real estate analyst said. Ross Kay said an already wilting housing scenario will be further undermined by what’s expected to be a protracted...

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7 San Diego reports from California. "Construction sites abound in east Chula Vista. In Otay Ranch, many homes are selling before they're even built. Dennis Almario would know. He just bought his home in Otay Ranch. 'We already got about $75,000 in equity after a year when we bought it,' Almario...

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A report from the Irish Independent. "The Knight Frank Global House Price Index shows Ireland’s 12 month price growth of 15pc running at the fastest rate of all 54 countries surveyed. Ireland tops the table ahead of Turkey (14pc), Dubai and the United Arab Emirates (12.5pc) and the United Kingdom...

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The Lowell Sun reports from Massachusetts. "In some respects, it can be argued the housing bust still hasn't ended. October marked the eighth consecutive month that petitions to foreclose a home in Massachusetts rose when compared to the same month a year ago, according to The Warren Group. Timothy...

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An editorial in the Odessa American caused me to ponder the definition of bubbles and what doesn't qualify as a bubble. From the piece: "A speculative bubble is caused by exaggerated expectations of future growth leading to price appreciation. Trading volume moves higher as more investors enter the...

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