What are your housing bubble predictions for the new year? Six months ago: "I think this will have to do primarily with interest rates – and i think that the central banks will chicken out and live with inflation (in…
A report from Money. "If you bought your home in 2008 or 2009, selling in 2023 will still be profitable for you,” says Maureen McDermut, a real estate agent with RE/MAX of Cherry Creek in Denver. “If you bought in…
A weekend topic starting with Fortune. "In 2005, Fed Chair Alan Greenspan told Congress that a 'bubble in home prices for the nation as a whole does not appear likely.' Of course, not only had a housing bubble formed, it…
A report from Fortune. "That Pandemic Housing Boom coincided with a staggering 42% jump in U.S. home prices between March 2020 and June 2022. Of course, that demand boom hasn't just fizzled out—it's doing a 180: On a year-over-year basis, mortgage purchase applications…
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It' Friday desk clearing time for this blogger. "Housing inventory in the Austin area has reached the highest level since September 2018. Spyglass Realty CEO Ryan Rodenbeck said the market has changed so much in the last couple of months…
A weekend topic starting with the Marietta Daily Journal in Georgia. "'Home values are staying really healthy, but it's not the frenzy that it used to be,' said Ellen Hill, a real estate agent with Atlanta Fine Homes. 'When the…
A report from Market Watch. "The tide has turned, and buyers are now backing out of deals in the Sun Belt. Once pandemic boomtowns, 15.2% of homes in cities in the Sun Belt that went under contract in August fell…
It's Friday desk clearing time for this blogger. "'Broadly speaking, all real estate valuations are likely to come down in the coming months, since there is little doubt that interest rates will continue to rise, perhaps substantially,' Reveeille Hospitality Chief…
A weekend topic starting with WATN in Tennessee. "There's promising signs the Memphis area housing crunch is easing up lately, compared to this spring and early summer. 'Forget what happened two years ago and what happened last year, that's over…