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Home Ownership Rate Drops to 64.4%, back to 1995 Levels
By Call it Crazy  2 comments, latest 2 days ago:
zzyzzx says It's all Obama's fault!!!

Case-Shiller says house prices in LA are flat
By tovarichpeter in South San Francisco CA 94080   posted 2 days ago: A key measure of home prices out Tuesday suggests the California housing recovery has stalled, at least for now. Prices in the Los Angeles area were flat in August, according to the Case-Shiller Index....

Short sales, foreclosure sales drop to three-year low
By tvgnus  2 comments, latest 3 days ago:
bubblesitter says Kicking the can further down the road?

A fixed cost of housing is the best reason to buy a house - OC Housing News
By golfplan18 in Irvine CA 92620   posted 3 days ago: Homeowners generally feel more confident in their ability to make ends meet, largely because they fixed their ownership costs long ago. Source:

Zero Down Payments Demonstrate a Chinese Real Estate Sub-Prime Crisis?
By jvolstad in San Antonio TX 78256   posted 3 days ago:
I suddenly want lemon chicken.

Young renters see little or no reason to buy a house - OC Housing News
By golfplan18 in Irvine CA 92620   1 comment, latest 3 days ago:
bubblesitter says Step in the right direction.

Pending House sales figures disappoint
By tovarichpeter in South San Francisco CA 94080   posted 3 days ago:

Deflation continues to gnaw away at China's housing market bubble
By darlag  posted 4 days ago:
New home prices continue to fall in China as inventories rise. China’s National Bureau of Statistics reported last month that prices have dropped in 69 of the 70 cities it monitors. http://www.globaldeflationnews

San Franciscos land-mine law for landlords
By BayAreaObserver  11 comments, latest 4 days ago:
Strategist says Quigley says Bellingham Bill says The intellectual confusion people suffer from is the fixed improvement of the housing good hides the commons that was expropriated when it was built. We see the former...

Housing market is waking up to a new hangover
By Patrick in Menlo Park CA 94025   posted 4 days ago: First came a historic national crash in home prices, then a surprisingly sharp jolt off the bottom. Investors, desperate for yield and fueled by Fed-induced cheap cash, swarmed the most distressed housing markets, buying...

Housing is waking up to a new hangover
By BayAreaObserver  7 comments, latest 4 days ago:
landtof says BayAreaObserver says "Home values should continue to grow, but that growth will increasingly be driven by traditional market fundamentals like household formation and job growth, and less by artificial stimulants like decreased supply...

California rental markets surge
By tvgnus  9 comments, latest 5 days ago:
landtof says i've also seen rentals just sit there. depends on the unit and location. a good one still goes quickly. some landlords have the wrong attitude. they expect tenants to pay for places that...

Will Millenials ever buy a house?
By tovarichpeter in South San Francisco CA 94080   12 comments, latest 6 days ago:
SoftShell says with retirement savings severely underfunded, a large portion of boomers will get reverse mortgages to survive in retirement. The banks will wind up owning the housing, which they don't want. the banks will...

Sales on new houses little changed
By tovarichpeter in South San Francisco CA 94080   posted 6 days ago: Oct. 24 (Bloomberg) -- New home sales in the United States were little changed in September after a 7.5 percent revision to August data. Bloombergs Mia Saini and Michael McKee break down the numbers....

The case for trailer parks
By tovarichpeter in South San Francisco CA 94080   posted 6 days ago: But pre-fabricated homes just might be part of the solution to America's affordable housing crisis. Home prices are continuing to rise, even as incomes on the lower-end of the scale remain flat, putting home...

How tech jobs, housing and transit are shaping a megaregion
By BayAreaObserver  20 comments, latest 6 days ago:
Rin says Jimbo in SF says Rin says suburbs of Detroit Except ... the weather. From what I'd heard, Chicago is a bit worse, and Minneapolis's winters are brutal. But still, if one's not from...

New Home Sales "Rise" because Last Month's Sales Revised DOWN!
By Call it Crazy  3 comments, latest 6 days ago:
CaptainShuddup says I have a friend who is just now getting in the RE market. He says two things of note. 1)Broward county is the most expensive county in Florida 2)The median home price in...

Have lenders purged the Ponzis? - OC Housing News
By golfplan18 in Irvine CA 92620   1 comment, latest 1 week ago:
bubblesitter says Yeah, they have socialized their losses from the Ponzis. Too big to fail, remember?

What do Santayana and Fannie Mae have in common?
By darlag  posted 1 week ago:
Santayana will be proven right again as politicians and bankers forget why there was a housing crisis After the housing crash in 2006 and 2007, the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac,...

Do you rent and own a pet? It could soon get pricier
By BayAreaObserver  13 comments, latest 1 week ago:
zzyzzx says swebb says But your maintenance costs do. Dogs pee on carpeting. Dogs scratch dors. Pet hair clogs HVAC systems. Dogs dig up plants, pee on (and kill) grass, etc.. Pets - dogs in...

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