The Housing Bubble Blog

A report from the Los Angeles Times in California. "Southern California home sales tumbled 7.5% in October from a year earlier, extending a broad slowdown in the housing market, according to CoreLogic. Last month was the third straight month of declines, and the 19,193 homes that sold were the...

A report from KTBS in Louisiana. "Dallas' once booming house market is slowing down, seeing high-end builders having to drop the prices on their homes-sometimes by as much as $150,000.00. But what does that mean for our current housing market? Barry Rachal is an associate broker with KellerWilliams...

A report from KGW 8 in Oregon. "The Portland real estate market has been sizzling hot for years, but now it seems to be slowing down just a little. Real estate broker Michelle Maida said the market typically slows down this time of year, but right now it is slower than usual. It is not just...

A report from the Boston Globe in Massachusetts. "There are growing signs that Boston’s red-hot housing market may be cooling off, at least by a few degrees, a moderation that could be good news for would-be buyers. It’s a trend that has been in the making for several months. 'We’ve seen a steady...

A report from MarketPlace. "The shift from a red-hot market has many realtors grappling with a new reality. On Tuesday, Los Angeles agent Hugo Torres was talking with his colleagues about sellers who have unrealistic expectations. 'People think, 'I’m going to strike it rich right now and I’m going...

A report from the Seattle Times in Washington. "It was just this spring when Greater Seattle led the nation in home-price increases. Now, prices here are falling faster than anywhere. Prices haven’t fallen this fast since 2011, when the market was still bottoming out after the recession. The...

A report from the Orange County Register in California. "When 2018 started, the housing buzz was 'where’s the supply?' Now with the year almost complete, the industry now wonders 'where did all the buyers go?' Ponder that in housing-starved Southern California, builders have the largest standing...

A report from D Magazine in Texas. "For a while now in Dallas, water cooler or bar-side conversations with new homeowners have sounded the same: the process took forever, their first and second and third choices were snapped up by people who paid over asking, and eventually they learned to work...

A report from Montana Public Radio. "Today we’re taking a look at housing prices in Montana. There appears to be some downward pressure on prices for existing homes. 'Well, so things are starting to change,' says Brint Wahlberg, of the Missoula Organization of Realtors. Wahlberg says housing...

A report from News.com.au in Australia. "We’ve all seen the worrying headlines — house prices are falling, with tens of thousands of dollars wiped off the values of homes across the country. In fact, we’ve been in panic mode for much of 2018 as Sydney and Melbourne’s housing industry in particular...

A report from Mansion Global. "The gap between homes’ listing prices and sales prices is widening in a number of markets. The California Association of Realtors, for instance, found that the state’s sales-to-list-price ratio hit its lowest point in 20 months in October. A large disparity between...

A report from the South China Morning Post. "Hong Kong’s residential property market witnessed another weekend of dismal sales, as even double-digit discounts could not lure buyers to commit, in yet another sign that the world’s priciest flats have given way to a buyers’ market. Chuang’s China...

A report from the Naples Daily News in Florida. "While buyers struggle to find inventory in other highly desirable locations across the country, this is not the case in Naples. 'We have almost 7.5 months of inventory," said Bill Coffey, Broker Manager of Amerivest Realty Naples. 'In fact, inventory...

It's Friday desk clearing time for this blogger. "Both nationally and in the Philadelphia region, the 2018 residential market offered some much-needed relief to home shoppers. In 2019, experts believe, a slowdown of the region's hot market will continue. 'There is currently an oversupply of rental...

A report from Boulder Weekly in Colorado. "When Adam Perry got home one afternoon in August, he had a notice on the door from his homeowners’ association (HOA) announcing the roofs around the Iris Hollow condominium complex were in dire need of repair. The notice said, 'there’s a special assessment...

A report from News.com.au in Australia. "A Melbourne property developer is offering what might be the best Black Friday deal going around — up to $100,000 off the price of new apartments. As the housing market cools, developers and agents have been forced to offer sweeteners sometimes worth tens of...

A report from WKRN on Tennessee. "There's more good news for everyone looking to buy a home. There are almost 25 percent more homes for sale in Nashville than there were a year ago. 'Homes are tending to sit on the market a little bit longer than they used to particularly at that high end of the...

A report from the Orange County Register in California. "Orange County’s supply of existing homes for is up 53 percent while builders have 35 percent more unsold new homes to peddle. ReportsOnHousing tracks homebuying patterns found in real estate broker networks. Supply: 7,218 listings, up 2,504...

A report from The M Report. "The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released their monthly residential construction report for October on Tuesday, revealing a downward slide in building permits, housing starts, and housing completions and prompting...

A report from the Green Bay Press Gazette in Wisconsin. "The housing market around Lambeau Field didn't prove to be the gold mine that many property owners hoped it would. In March, we wrote about the increasing number of potential 'Packers houses' available near the stadium as owners tried to snag...