The Housing Bubble Blog

A report from the Salt Lake Tribune. "Even though homes are pricier in Utah than nearly anywhere else in the country, buyers do have some advantages, said Jeremy Holmgren, mortgage manager for Zions Bank. More available homes, longer times on the market and more moderate increases in housing...

A report from Fox 10 Phoenix. "There are a lot of questions about what President Donald Trump's tariffs could mean for Arizona and the state's snowbird industry. Miles Zimbaluck is a real estate agent who works with Canadians. He said lately, his clients have been doing more selling than buying. We...

A report from Fast Company. "Canada has the largest number of distinct investments in U.S. property, representing 13% of foreign buyers. There have been some sell-offs in the past year due to both the declining value of Canadian currency in relation to the U.S. dollar, as well as the increasing...

A report from CNN. "Share Ross, a Realtor based in southeast Florida, said she’s recently seen a sharp uptick in Canadians listing their Florida homes for sale. 'Some of the clients I have been dealing with want to sell at any cost, even at a loss,' Ross said. A growing exodus of Canadians from...

A report from Realtor.com. "The South Florida housing market had a February full of ups and downs, with home sale prices going up in some counties but falling in others, and closings plunging across the board. 'The love affair with Florida has softened a bit,' says Cara Ameer, a real estate...

It's Friday desk clearing time for this blogger. "Experts said growth could be playing a role in Lakeland having the most foreclosure activity in 2024 compared to other metropolitan areas of its size. 'It’s not surprising to be honest with you. Lakeland’s the jewel of Polk County. Everyone wants to...

A report from 10 Tampa Bay in Florida. "New data from Redfin reveals a shift in the Tampa housing market with home prices declining and homes lingering on the market for longer periods. Overall, Tampa has experienced a 6% year-over-year price drop but some areas, such as downtown, are feeling an...

A report from WAVY. "For 11 years, Maureen and Peter Adams have lived in a house on Washington Street in Portsmouth, and in December, they decided to sell, but three months later, their house is still on the market. In the past four months, his agent has held three open houses, advertised in...

A report from Business Insider. "It's been difficult to sell a home for so long now that sellers are starting to get desperate. 'With the passage of time, you essentially have some people really needing to move, despite the higher mortgage rates,' NAR's chief economist, Lawrence Yun, told BI....

A report from the Bradenton Herald in Florida. "The most recent housing report for Manatee and Sarasota counties indicates a buyer-friendly market. In Manatee County, 500 single-family homes were sold in February, marking an 8.6% decrease year-over-year. The median sale price dropped 4.8% to...

A report from WHAM in New York. "Some homeowners in Henrietta experienced sticker shock as they received their latest property assessments, with many expressing concern over significant increases in their home's assessed values. Mark Lewis, a resident of Henrietta for 40 years, said his home's...

A report from the Baltimore Banner in Maryland. "F.A., a 41-year-old Edgewater resident, dreamed his whole life of going into public service. 'I got into student debt for it. I have a big student loan to prove it,' said the man, who asked to be identified by his initials for fear of retribution for...

It's Friday desk clearing time for this blogger. "Last fall, Natalie Peitsmeyer sold her house in Colorado, said goodbye to a community she’d known for decades and started a dream education job in Kansas. She became a park guide at the Fort Scott National Historic Site. Peitsmeyer, 59, was in the...

A report from the Falls Church News Press. "There are 180,000 federal workers in this area whose jobs are at risk, and that includes up to 60,000 who work at the Pentagon that may lose their jobs, according to a report in the Virginian-Pilot newspaper, about a third of whom already have taken an...

A report from Fox 5. "Maryland is home to approximately 150,000 federal employees and thousands of them have already lost their jobs as DOGE continues to make federal cuts to the workforce. Now, many are at risk of losing their homes and leaders in Prince George's County are looking for ways to...

A report from Alabama.com. "Are federal job cuts to blame for a sudden cool-down in the Huntsville housing market? Some realtors and real estate analysts believe that may have been the case in February. 'While Huntsville is dynamic and growing with significant job opportunities for professionals,...

A report from CBS Minnesota. "A Minnesota man who was fired from his federal job as part of President Trump's federal layoffs should get his job back because of a new federal court order. Chris Wicker is one of those employees who could go back to work as soon as Monday. Wicker, a six-year Air...

A report from the Washington Post. "At the beginning of February, Daniel Leckie, 36, was living his best life. He was a new dad, a new homeowner and had his dream job as a historic preservation specialist for the General Services Administration. He was even a few payments away from having $80,000...

A report from the Baltimore Sun. "Michael and Maud Ziegler might have thought twice about purchasing their condo in Ocean City if they’d known their fees would be projected to increase from $900 to $3,300 a quarter. The projected increase stems from a Maryland law passed in 2022, requiring condos,...

It's Friday desk clearing time for this blogger. "Axed workers among the thousands fired by DOGE say they can't afford necessities, travel and health care. The workers filed affidavits as part of a multi-state lawsuit. 'I have had to cut back on healthcare costs and discretionary spending. I am...