Monthly Archives: June 2005

New data has prices continuing a frothy climb. Link: The Sun News | 06/24/2005 | Existing-home sales drop slightly; prices set a record. WASHINGTON – Sales of existing homes slowed slightly in May but still came in at the second-highest … Continue reading →

Link: The Standard – US homes bubble warning – Markets Section. Rising short-term US interest rates may be good for the dollar, attracting foreign investment into US debt markets, but higher rates are expected to slow the red-hot US housing … Continue reading →

Here’s a suggestion that pumped-up appraisals are part of the problem: NEW YORK, June 17 (Reuters) – The U.S. housing market is enjoying record levels of demand and double-digit price appreciation, but analysts say inflated home appraisals may be adding … Continue reading →

It’s rare that Alan Greenspan, the man who guards the sanctity of the dollar, speaks in Congress on a subject that most Americans understand and truly care about. He did last week when he addressed real estate. Freddie Mac, a … Continue reading →

Here’s a global take on housing froth from the New York Times: These days, house price vertigo is more than a local or national condition. It’s a worldwide phenomenon. The American housing boom in recent years is nothing compared with … Continue reading →

USNews.com extends the froth metaphor: Money Watch: Uh-Oh. Internet Stocks Are Frothy Again While Wall Street has been fixated on the possible bubble forming in the housing sector, scant attention has been paid to the froth forming again around Internet … Continue reading →

Greenspan utters teh F-Word again yesterday: That said, there can be little doubt that exceptionally low interest rates on ten-year Treasury notes, and hence on home mortgages, have been a major factor in the recent surge of homebuilding and home … Continue reading →

Rental rates rising means demand still high– an anti-froth argument. June 5 (Bloomberg) — The cost of renting a home in Los Angeles or elsewhere in Southern California is rising because of growing demand from people unable to buy. Rental … Continue reading →

One of the great things about living in a capitalist market economy is that there’s money to be made on just about anything. When the bubbles burst, bargains will be had. The Lakeland, FL Ledger has a good story on … Continue reading →

The American Prospect weighs in with a good take on froth as metaphor and also some specifics on where the largest bubbles are: But Fed Chairman Alan Greenspan is correct to fret about “froth” in housing prices. Froth is the … Continue reading →