property

I keep a bunch of articles on my blog's sidebar as a reminder of what was being said about the housing bubble, when and by whom. One article I omitted is from The Economist, warning of a 'global' housing bubble and illustrating…

Mike Morgan is a Florida real estate professional with years of experience. He is often featured on Mike Shedlock's site with his commentary of Florida real estate as ground zero in the housing bubble. He writes about his basic premise…

The Washington Post has a story on regional and healthy banks that I highly recommend. Essentially, we are past the first wave of writedowns and are moving into phase two where it won't be about derivatives and RMBS's as much as underlying…

From Firstrung:UK house prices fall 1.2% in June as house price growth reaches near zero for past twelve months - Rightmove U.K. house prices have declined by their biggest amount so far this year as buyers shun the…

I am running a small poll on my site on how far home prices will fall. I'd like everyone to take it to get a good sample of opinions out there. Visit my site and you'll see the poll right at the top right on the sidebar.Where are prices…

Freddie Mac has reported that 30-year fixed-rate mortgages are at an nine-month high. What this will mean for the mortgage market during these critical summer months is anyone's guess. My best guess is that, combined with tighter lending…

I caught this story over at FT Alphaville. Kind of funny. (see story here).

In the Washington Post today, Martin Feldstein gives is view on housing. His view is that a downward spiral is likely unless we act to prevent it. Hisplan is essentially a government bailout. Martin Feldstein is the President of the…

This comes from Bloomberg News via one of their top finance commentators, Caroline Baum.Why Real Estate Market Is Nowhere Near a Bottom: Caroline BaumCommentary by Caroline Baum…

I am hearing from multiple sources that the large property company Drac, based in Mallorca in Spain, has filed for bankruptcy. The company had 600 or 700 million euros of debt at the time of its bankruptcy, depending upon the source. Drac…