Category Archives: Housing Bubble

May Case Shiller

From HousingWire: Case-Shiller: Home prices rising at least twice the rate of inflation To absolutely no one’s surprise, home prices increased once again in May, and even showed double-digit gains in some markets on the West Coast, and increasing at … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 99 Comments

“Uh Oh”s keep coming

From CNBC: Southern California home sales crash, a warning sign to the nation Southern California home sales hit the brakes in June, falling to the lowest reading for the month in four years. Sales of both new and existing houses … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 329 Comments

Uh Oh

From CNBC: Existing home sales fall for third straight month U.S. home sales fell for a third straight month in June as a persistent shortage of properties on the market pushed up house prices to a record high, likely sidelining … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 128 Comments

Here comes the bubble? Or still too early?

From CNBC: The housing shortage may be turning, warning of a price bubble The most competitive, tightest housing market in decades may finally be loosening its grip, and that could put pressure on overheated home prices. The supply of homes … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery, National Real Estate | 27 Comments

Haven’t yet returned to bubble pricing

From the Star Ledger, hat tip Yo: Only these 2 N.J. towns have fully recovered since the housing crash It’s been more than a decade since housing prices in New Jersey began a seven-year slide highlighted by the Great Recession. … Continue reading

Posted in Housing Bubble, Housing Recovery, New Jersey Real Estate | 23 Comments

June MarketNews

From the Otteau Group: June MarketNews Home sales in New Jersey increased by 2% in the month of May compared to the same month last year, recording more than 12,200 purchase contracts in a single-month, setting an all-time record. As … Continue reading

Posted in Demographics, Economics, Housing Bubble, Housing Recovery, New Jersey Real Estate | 71 Comments

Reaching the tipping point?

From CNBC: Home price gains ease in April: S&P Case-Shiller The heat appears to be coming off home prices, albeit very slightly. Nationally, values rose 6.4 percent annually in April, down from a 6.5 percent gain the previous month, according … Continue reading

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 161 Comments

How far can home prices go?

From CNBC: US house prices are going to rise at twice the speed of inflation and pay: Reuters poll An acute shortage of affordable homes in the United States will continue over the coming year, according to a majority of … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble | 138 Comments

Another month, another jump in prices

From MarketWatch: Home prices are still on a tear, Case-Shiller says The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.4% and was up 6.5% compared to a year ago in March. The 20-city index rose a seasonally adjusted … Continue reading

Posted in Housing Bubble, Housing Recovery, National Real Estate | 129 Comments

Hot or Not

From the Star Ledger: These 15 N.J. real estate markets are sizzling hot right now, spring edition 15. Hoboken Current home value: $788,190 Yearly growth: 8.16 Hoboken is a strong city for working millennials. It’s is a little younger than … Continue reading

Posted in Housing Bubble, Housing Recovery, New Jersey Real Estate | 141 Comments

The puff piece returns … oh how I missed you

Warning, make sure you’ve got your boots on, the bullshit is deep in here. From the Record: High demand will spark bidding wars for houses in North Jersey this summer Prospective home buyers can expect to go to war this … Continue reading

Posted in Housing Bubble, Humor | 169 Comments

Feeling Hot Hot Hot

From MarketWatch: Americans haven’t been this optimistic about house prices since just before the crash House prices are soaring and, despite warnings from some analysts, most Americans believe they will continue to soar. A majority of U.S. adults (64%) continue … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 75 Comments

They sound pretty smart to me

From the Times of Trenton: ‘Brazen criminals’ are taking advantage of the housing crisis Brazenness is the hallmark of con artists and nowhere is that more evident than with shameless real estate scammers who rip off unsuspecting renters and property … Continue reading

Posted in Foreclosures, Housing Bubble, New Jersey Real Estate | 248 Comments

You don’t get a house just for showing up…

From USA Today: Home buying market so brutal, some home buyers make offer sight unseen This spring home-buying season should be a coming-out party for Millennials, many of whom are finally ready to make a purchase after hunkering down for … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 98 Comments

I think I can I think I can

From Bloomberg: U.S. Home Prices Rise Almost 9%, the Biggest Gain in Four Years Home prices in the U.S. surged 8.8 percent in February — the biggest gain in four years — as buyers battled for an increasingly scarce resource: … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate | 139 Comments