Category Archives: Housing Bubble

Wish we were over-heated, I’m done with the winter.

Posted on March 21, 2015 by grim

From the WSJ: Report Says “False Equity is on the Rise” in Housing Market Home prices in some U.S. markets are rising much faster than rental incomes or what it would cost to build new houses in those markets, according … Continue reading →

Posted in Housing Bubble, New Development, New Jersey Real Estate | 17 Comments

More froth than a 5 dollar latte

Posted on August 7, 2014 by grim

From the Washington Post: Millennials should be buying a home right now Millennials, what are you waiting for? You should be buying a home right now. That’s the conclusion of a pair of recent studies that looked at homeownership. Zillow, … Continue reading →

Posted in Economics, Housing Bubble | 131 Comments

I don’t usually talk about San Francisco, but when I do…

Posted on July 31, 2014 by grim

From Curbed SF: Bubble Watch: Top-Tier Home Prices Surge Past 2007 Levels Earlier this year, prices for the Bay Area’s most expensive homes hit and surpassed the previous highs of the 2007 housing bubble. Now, according to Standard & Poor’s … Continue reading →

Posted in Economics, Housing Bubble | 127 Comments

No quick end to NJ’s foreclosure crisis

Posted on May 27, 2014 by grim

From the Press of Atlantic City: New Jersey leads nation in foreclosures New Jersey now leads the nation with the highest percentage of loans in foreclosure, the Mortgage Bankers Association says. South Jersey is also mired in the problem. Sheriff’s … Continue reading →

Posted in Economics, Foreclosures, Housing Bubble, Mortgages, New Jersey Real Estate | 84 Comments

Ok, maybe I’m a little bit worried

Posted on May 2, 2014 by grim

From the NY Post: Uptown rental market is so hot, this guy made $24 million flipping buildings he bought two years ago A major New York City landlord is cashing in on the raging rental market uptown. Treetop Development, a … Continue reading →

Posted in Economics, Housing Bubble | 138 Comments

Subprime 2.0

Posted on March 4, 2014 by grim

From the Huffington Post: Wall Street Has Found Its Latest Dangerous Financial Product, Activists Warn Housing and consumer activists warn that Wall Street is about to crash the housing market — again. The activists said they are particularly concerned about … Continue reading →

Posted in Housing Bubble, Risky Lending | 59 Comments

The Global Echo Bubble

Posted on December 2, 2013 by grim

From Business Insider: Nouriel Roubini Just Identified A Ton Of Housing Markets That Look Like Bubbles To Him Economist Nouriel Roubini is sounding a big warning about global housing bubbles. In a new piece for Project Syndicate, he identifies at … Continue reading →

Posted in Economics, Housing Bubble | 91 Comments

LI market showing strong gains

Posted on September 15, 2013 by grim

From Newsday: Long Island’s supply of homes for sale is at its lowest level in at least two years, by one measure. It would take just under five-and-a-half months to sell all 6,988 homes listed in Nassau County at the … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 25 Comments

Why a private mortgage market might not be a good idea

Posted on August 13, 2013 by grim

From the NYT: In one bundle of mortgages, the subprime crisis reverberates A subprime deal came back to haunt Fabrice Tourre, a former Goldman Sachs trader, when a federal jury in Manhattan found him liable for civil securities fraud. He … Continue reading →

Posted in Foreclosures, Housing Bubble, Mortgages, Risky Lending | 247 Comments

Housing recovery becoming even more polarized

Posted on June 10, 2013 by grim

From the WSJ: Housing’s Up, but Is Foundation Sound? The housing-market recovery is here but there’s a growing debate among bulls and bears over how long it will last and how strong it will become, with both groups pointing to … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery | 62 Comments

Bubble calls premature?

Posted on June 7, 2013 by grim

From the Economist: Bubble-hunting UST seven years after the biggest housing bubble in American history began to deflate, could another be inflating? Prices in a 20-city index compiled by CoreLogic Case-Shiller rose by 11% in the year to the end … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 126 Comments

Schiff’s scathing commentary on the recovery

Posted on June 5, 2013 by grim

From Forbes: Great Reflation Produces Mirage Of Recovery In Housing Investors and politicians are being treated to some of the “best” home price data since the frothy days of 2006 when home loans were given out like cotton candy and … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 90 Comments

Buyer must feed squirrels

Posted on May 12, 2013 by grim

From the NYT: In a housing market starved for inventory, buyers are stepping over one another to bid on desirable properties. But a high bid may not be enough — sellers are also seeking offers without mortgage contingencies. Usually included … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 11 Comments

Shiller’s take on home price dynamics

Posted on April 15, 2013 by grim

From the NYT: Why Home Prices Change (or Don’t) WHAT prices will today’s home buyers get if they sell a decade from now? Most people live in their home for many years. They don’t need to view it as an … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 108 Comments

Case Shiller Day!

Posted on February 26, 2013 by grim

Due out at 9! From the WSJ: Shiller’s Bottom Line: Risk Lingers in Housing. WSJ: Did we finally hit a floor in home prices last year? Mr. Shiller: The trend in home prices seems to be up now. It has … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 126 Comments