The Housing Bubble Blog

A report from Business Insider. "Return-to-office mandates are forcing some people to choose between selling their home at a loss or losing their job,' Redfin said. Real estate agent Shauna Pendleton in Boise, Idaho, has clients selling their home after purchasing it just a year ago near the...

A report from AFP. "'There's such a lack of inventory that it has driven the prices up. I've been doing this for 40 years, I've never seen the prices like they are right now,' said Joan George, a New Jersey-based real estate agent. In the Philadelphia suburbs, a four-bedroom single family home...

A report from Vail Daily. "Mark Weinreich, a broker associate with Berkshire Hathaway HomeServices Colorado Properties’ Beaver Creek in the Villa Montane office, notes that for the resort and luxury market, there are more choices. Good properties priced to fair market value are still selling...

A report from Bank Rate. "'We simply don’t have enough inventory,” said Lawrence Yun, National Association of Realtors chief economist. 'Will some markets see a price decline? Yes. [But] with the supply not being there, the repeat of a 30 percent price decline is highly, highly unlikely.' Housing...

A weekend topic starting with the Daily Record. "As New Jersey marked International Overdose Awareness Day, officials warned of a new, more potent drug that is quickly becoming widespread and dangerous among those battling substance use disorder. Xylazine, an FDA-approved animal sedative and pain...

A weekend topic starting with Yahoo Finance. "Homebuyers in some cities have no choice but to buy million-dollar homes as prices near all-time highs. A report from LendingTree found that two California cities have larger shares of million-dollar homes than properties under that mark. The percentage...

It's Friday desk clearing time for this blogger. "Austin, Phoenix and San Jose have seen home prices fall since the beginning of the year, but those markets were already among the most expensive in the nation. But now price declines are beginning to show up in cities whose median home price was...

A report from Fortune. "The average San Francisco home value is down 11.5% over the past year, and 13.2% from its peak, according to Zillow. For homeowners looking to sell, that spells trouble. San Francisco home sellers are four times as likely as the average U.S. seller to take a loss, according...

A report from the Kansas City Star. "Brand new, move-in ready, maintenance-provided luxury villas in a prime Blue Valley location by award-winning builders? If you’re looking for a quality, maintenance-provided villa in one of Johnson County’s sought-after new home communities, Willow Pointe in The...

A report from Realtor.com. "Basketball Hall of Famer Dikembe Mutombo just sold his condo in New York City. But after waiting much of the year for a buyer, he probably didn't get quite the win he wanted. In February, the three-bedroom unit landed on the market for $4 million. Mutombo whittled the...

A holiday topic starting with the Dallas Morning News in Texas. "In 2021 the city’s office of homeless solutions launched an initiative to house 6,000 individuals, and despite the aggressive plan and $72 million, the office’s director said she doesn’t expect a significant change in the city’s...

A weekend topic starting with South China Morning Post. "The catastrophic crash in Country Garden Holdings, once the gold standard in China's property industry, has cost stock and bond investors steep losses. Nearly half of Country Garden's liabilities at the end of last year were presale deposits...

A weekend topic starting with Deseret News in Utah. "These days, just about anywhere along the Wasatch Front you can find workers building houses, pounding nails into wood-framed structures, installing sheet rock or putting finishing touches on homes designed to serve families for years. But do...

It's Friday desk clearing time for this blogger. "Christina and Dave Clausi’s family of five moved into a three-bed, two-bath home in McKinney, Texas this July. After renting in the city for four years, the first time homebuyers finally found a home, but not without some sacrifice. Their yard is...

A report from Reuters. "The Federal Reserve has issued a slew of private warnings to lenders with assets of $100 billion to $250 billion as part of increased efforts to tighten supervision, Bloomberg News reported on Wednesday citing people familiar with the matter. Among the banks given the...

A report from the American Statesman in Texas. "The receiver for struggling Austin developer StoryBuilt is asking investors for $2.5 million in new funding as the company attempts to avoid a financial meltdown. The request was made during an online conference call on Friday between StoryBuilt...

A report from The News in Tennessee. "Prickly towers of horseweed have shot up almost five feet in the yard of 2814 Kenway Road. Green Hills is full of modest homes on spacious lots that have become prime targets for real estate investors to tear down, rebuild and sell. It was possible to double or...

A report from WDSU in Louisiana. "According to the New Orleans Metropolitan Association of Realtors, houses are sitting on the market longer and sales are down 24 percent compared to this time last year. Real estate broker Samantha Bush has been in the industry for more than 15 years. She says this...

A weekend topic starting with the Modesto Bee in California. "Joyce Fritz, founder of 12 Doors Real Estate and her team ran statistics with different resources to determine an accurate median starter home price in Modesto, she said. Data from RPR showed the median list price of starter homes in the...

A weekend topic starting with Denver 7 in Colorado. "Community advocates on Thursday shared mixed feelings about Denver Mayor Mike Johnston's plan for nearly a dozen potential sites across the metro area to house 1,000 homeless by the end of the year. Lisa Calderón, who ran for mayor in 2023 and...