Bubble

Major Metro Appreciation Graphs

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The website Housing Bubble Bust has a couple of great graphs explaining the rapid appreciation of housing in the United States. Great Job and very informative!

4Jan2006 | Tom Royce | 0 comments | Continued

Do Mortgage Brokers Share Some Blame?

Another F@cked Borrower, a blogger not a designation, has a great post on how poorly the general population understands math and how greedy mortgage brokers, which he is one, will do anything to get a loan through and get their commission.

I am just sick and tired of the crappy borrowers that lenders will give [...]

4Jan2006 | Tom Royce | 0 comments | Continued

Residential and Commercial Real Estate Go In Different Directions

A couple of days ago we asked whether the residential slowdown in real estate was also being felt in the commercial market. The Wall Street Journal has an article today saying that the markets are going in two different directions for 2006. An interesting read:

Real estate in 2005 was a tale of two markets: Residential [...]

4Jan2006 | Tom Royce | 0 comments | Continued

Commercial vs Residential Real Estate: A Couple of Bubble Questions

Looking at the residential real estate market, certain markets are facing a bubble in valuation and supply. Is this the same for the commercial market in markets where there is a fear of a bubble?
My question to you is this, Do the residential and commercial real estate markets work in tandem or not? And after all [...]

2Jan2006 | Tom Royce | 0 comments | Continued

Real Estate Bloggers Roundup

We present our semi-regular Real Estate Bloggers Roundup today and are expanding it from the typical Bubble Bloggers that we cover regularly. We have found a couple of blogs that are very well written and have become part of my daily reading schedule.
Northern Virginia Real Estate Guide – written by an Oenophile no less [...]

31Dec2005 | Tom Royce | 0 comments | Continued

Existing Home Sales Fall in November

It looks like we have two factors at work in this report. We have a slowdown in home sales, and many people trying to get their homes on the market before any bubble has the chance to pop.

Sales of existing U.S. homes fell 1.7 percent in November to a 6.97 million unit rate as [...]

29Dec2005 | Tom Royce | 0 comments | Continued

For Buyers and Sellers, Some Advice for 2006

It is easy to be a genius in a strong real estate market. As we watch the market slow down, there are some tricks to remember learned from past slowdowns, as to told by the Boston Herald.
For Buyers:

For househunters, a down cycle might produce your best buying opportunity in a decade.

However, many sellers you’ll meet [...]

25Dec2005 | Tom Royce | 0 comments | Continued

New Home Sales Fall 11.3% from October

It looks like new home sales are slowing down.

Sales of new homes plunged in November by the largest amount in nearly 12 years, the most dramatic evidence yet that the booming housing market is starting to cool off.
The Commerce Department reported yesterday that sales of new single-family homes fell by 11.3 percent last month [...]

24Dec2005 | Tom Royce | 0 comments | Continued

Real Estate Sales in Raleigh North Carolina Skyrocket

The Raleigh North Carolina housing market is booming, as are many others in the Southeast, and people looking to relocate from areas that the housing prices have peaked look to move to more affordable areas.

The hot housing market is starting to cool off in parts of the country. But in the Triangle area, all [...]

22Dec2005 | Tom Royce | 1 comment | Continued

The Reflex Effect

Chris Palmeri at the Hot Property Blog over at Business Week has a strong post on how human nature affects pricing and sales. As opposed to price being the only consideration, velocity of sales must be looked at as a key indicator to the housing markets health.

Rising prices get more people excited about buying, even [...]

22Dec2005 | Tom Royce | 0 comments | Continued