Real Estate Blog, Mortgage, and Development News
Today is Friday, August 29th, 2008
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Yale Economist Robert Shiller is projecting a slower and declining real estate market in the coming year as the real estate industry has experienced one the of the biggest booms in history. The economist is the co author of […]
18Jun2006 | Tom Royce | 0 comments | ContinuedAs the real estate market slows some assumptions by the experts are becoming undone. The biggest error was the assumption that the resale, or flipping market, was smaller than it actually was. By building into a market that had a large percentage of froth at the top, the real estate market has built new homes for […]
14Jun2006 | Tom Royce | 2 comments | ContinuedOne of the hardest hits areas in the real estate downturn is South Florida, and the outlook does not look good for 2006 and the first half of 2007. David Lereah, chief economist for the National Association of Realtors was in Florida presenting to a real estate meeting.
“Is this a bad year? Yes,” David Lereah told […]
28Apr2006 | Tom Royce | 2 comments | ContinuedCathy Minehan, the head of the Federal Reserve Bank of Boston and David Lereah, the chief economist of the National Association of Realtors, told a group in Boston yesterday that the housing market will slow down in 2006 and into 2007 but then rebound at a slower rate later in that year. This is good […]
21Mar2006 | Tom Royce | 2 comments | ContinuedWhen we discuss the housing bubbles that are occurring around the country I find it hard to determine what the housing bubble is? Where is the line that defines the bubble and puts the idea from emotional to rational and practical. In an article in todays North County Times, they defined the housing bubble as […]
19Mar2006 | Tom Royce | 3 comments | ContinuedThe new chief economist Edward Lazear for the Bush administration discussed his viewpoints on the economy with the press today and discussed fears of the housing bubble. I agree somewhat with his assessment, but I do think that there are pockets that have been priced too high and will have corrections. He took a macro-economic view in […]
10Mar2006 | Tom Royce | 0 comments | ContinuedThe Following is a little Bubble Blogger musings to go with your morning coffee. Enjoy!
Realtors’ Preemptive Strike - Bubble Meter - The Realtors are worried that in the near future they may be seen by the general public as less trustworthy then used car salesman.
China’s Lending Binge – Southern California Real Estate Bubble Crash – What […]
In parts of the United States we are experiencing a minor real estate bubble with what looks like a modest correction. To see what a real housing bubble looks like, lets visit Shanghai, China. They have seen property values double and construction of a million homes a year. And not it has burst, brokerages closing […]
5Mar2006 | Tom Royce | 0 comments | ContinuedI found this interesting article in the East Valley Tribune today about the Mesa, Arizona real estate market. The reporter grasps a concept that I think is well said. Instead of the gold rush that was going on the last few years, the market now has reverted back to a normal real estate market. But […]
5Mar2006 | Tom Royce | 0 comments | ContinuedCould it be that all the talk about real estate bubbles in the blogosphere and mainstream media could be a major cause of the slow down in the real estate market? The New York Times has an article today discussing this phenomena and does a very good job with it.
I have always felt that the […]