Monthly Archives: August 2005

God Bless New Orleans

As the people of the Gulf Coast search through their homes for the living and the dead, as they watch their former homes crumble and wash out, let’s remember that words like "housing" and "market" and "equity" are really just … Continue reading

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Simma Dahn Nah!

Continuing his recent string of kitchen & food related metaphorical talk, Alan Greenspan nearly quoted an SNL line re: cooling off over the weekend. Alan Greenspan sounded his clearest warning yet on the dangers of an over-heated US housing market, … Continue reading

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Frothy Fall?

Here’s a guy in Business Week on froth-naysayer side of the scale: A Bad August. A Worse September?. BUYING OPPORTUNITY?  "I always get a little worried in August," says Brent Wilsey, president of Wilsey Asset Management in San Diego, who … Continue reading

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A warning from Greenspan: South Florida Sun-Sentinel

It’s a real good idea to listen to Alan Greenspan. A warning from Greenspan: South Florida Sun-Sentinel. Low interest rates have powered the booming housing market. Home sales have hit record highs four years in a row, and house prices … Continue reading

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Hot & Cold Froth in Masachusetts

Here’s a story from Masachusetts that is representative of the mixed housing market. House Sales Slip Again; Condos Surge. Aug. 24–The Massachusetts real estate market is running hot and cold. The state’s condominium market continued its blistering, double-digit pace of … Continue reading

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Bubble? What Bubble? – New York Times

See Bubble Humor below:Bubble? What Bubble? As an expert in the field – I’ve spent my entire life living in or behind homes – I can assure you that aside from any moment in the past decade, there has never … Continue reading

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Prices Still Rising, Sales Volume Slowing

More evidence on the froth parade from Bloomberg.com U.S. Economy: Home Resales Slow to 7.16 Million Rate (Update1) Aug. 23 (Bloomberg) — U.S. previously owned home sales slowed in July and the number of houses for sale rose to a … Continue reading

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Ironic Iconic Bubble Shirts

T-shirts are the new meme-makers. You can buy your own bubble shirt here. WASHINGTON (Reuters) – Striking a chord with uneasy U.S. property investors, T-shirtHumor.com’s latest design — “Mr. Housing Bubble” — has become its best seller in less than … Continue reading

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Origins of Exhubrance and the Nature of Froth

The news cycle is driven by the utterances of the big wigs– the President, Chairmen of the Board, Supreme Court Justices, and so on. But all of those advised by and come in contact with dozens and hundreds of influencers. … Continue reading

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Froth at Home

Here’s a great story on how to tell if you live in a housing bubble: Do Try This at Home: Assess Your Area’s Real Estate Bubble. Do Try This at Home: Assess Your Area’s Real Estate Bubble New York TimesAugust … Continue reading

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