The Housing Bubble Blog

A report from the Aspen Times in Colorado. "After owning a West End property for more than a decade, the city of Aspen is ready to unload a house that has served as a multimillion-dollar rental unit. The city put the three-bedroom, two-bathroom house located at 312 W. Hyman Ave. on the market in...

A report from Barron's on Massachusetts. "Since the Great Recession, Boston home values have risen steadily and are at an 'all-time high,' says Debbie Adamidis, an investment property specialist at Jacob Realty. Sales of high-end properties have somewhat stalled due to an oversaturation of new...

A report from the Orange County Register in California. "Southern California’s housing market enters the typically slower-selling fall season relatively awash in listings amid a significant cooling of house hunters’ willingness to make a deal. 'New cracks in the housing market are demonstrating...

A report from the Seattle Times in Washington. "A month after the Seattle area was dethroned as the hottest housing market in the country, the local housing market is cooling again — but the outer reaches of the metro area remain competitive. Single-family home prices across the region that...

A report from Multi-Family Biz. "For the first time since 2012, rents nationwide remained at the same level as they were a year earlier, with a median rent of $1,440. Annual rent appreciation has slowed for six straight months, according to the August Zillow Real Estate Market Report. The median...

A report from Fox 2 KTVU in California. "For years, the upward price of Bay Area real estate has showed no signs of reaching a limit. New research shows that’s changed, as some sellers are learning. Mariann Jensen thought the sale of her three-bedroom home in the Blossom Hill section of San Jose...

A report from the South China Morning Post. "The signs of a property market slow down are here. Shu Qi, one of the highest paid actresses in China, got off lightly with a marginal loss on her Tai Po property sale on Sunday, according to market observers as they expect home prices to fall over the...

A report from the SCTV News in California. "While still a sellers’ market, the inventory of homes and condos listed for sale in the Santa Clarita Valley increased for the third consecutive month, rising to its highest level since September 2014, the Southland Regional Association of Realtors...

A report from Redfin. "U.S. home-sale prices increased 4.7 percent in August to a median of $300,900, compared to a year ago. The price growth rate has been dropping for six consecutive months and has not been this low since August 2014. Homes sales fell 2.4 percent in August compared to a year...

A report from Realtor.com. "After years as one of America's hottest housing markets, California is showing some chinks in its armor. Many overzealous sellers who listed their homes at unrealistically high prices are now being forced to reduce them. The state experienced the nation's biggest...

A report from the Brookville Times in Canada. "Take heart, millennials, Toronto condo prices now averaging $560,000 may be on their way down The chill that has crept over some segments of the Toronto housing market may soon extend to one of its persistent hot spots: condominiums. Projects are...

A report from the Davis Enterprise in California. "As autumn begins, the supply of existing Davis homes for sale remains limited — but with a few more homes coming onto the market as the peak summer season fades into the past. Prices for existing homes remain high, and homes priced below $800,000...

A report from Bloomberg on New York. "The developer Cary Tamarkin bought at the top of the market. His $50 million purchase in 2014 wasn’t a luxury apartment though; it was a former Catholic school at 555 West End Avenue, on New York’s Upper West Side. Tamarkin and his partner, CL Investment Group...

A report from the Wise County Messenger in Texas. "Real estate inventory and the days on the market for homes in Wise County continued to grow in August. According to the August housing report from the Greater Denton/Wise County Association of Realtors, the months of inventory grew to 4 months. It...

A report from Bisnow on New York. "Amid a sliding rental market in the city, Sam Zell’s Equity Residential is looking to sell two of its Manhattan apartment buildings. The REIT is preparing to sell a high-rise tower at 800 Sixth Ave. in Chelsea, as well as a 12-story building at 505 West 54th St....

A report from the San Francisco Chronicle in California. "If it seems like more 'For Sale' signs are popping up in your neighborhood, you’re not imagining things. In most parts of the Bay Area, more people put their homes on the market in August than they did last August, and this month is on pace...

It's Friday desk clearing time for this blogger. "Home buyers took a breather in August, a month when the typical price of a Palm Beach County house slipped to the lowest level since January. The median price of single-family homes sold by Realtors was $340,000 last month, the Realtors of the Palm...

A report from MarketWatch. "Shares of home builders TRI Pointe Group and William Lyon Homes were took a dive Thursday, after Wedbush Securities analyst Jay McCanless cut his ratings, citing the 'rapid' deceleration of demand in the companies’ key markets. 'The rapid deceleration in housing demand...

A report from WBUR in Massachusetts. "Rental prices in Greater Boston fell over the last year, according to Zillow. And it was the biggest dip in the region's rents since the company started analyzing the data seven years ago. Zillow senior economist Sarah Mikhitarian said the rate of rent...

A report from CTV Regina in Canada. "It’s a buyer’s market in Regina right now as house prices across the city continue to drop. Realtor Craig Adam has been showing more homes lately, since it’s getting more difficult to sell a home in the Queen City. 'There is a lot of inventory and the time on...