Articles Filed Under: Bubble (Or Not)

(424 posts)

The Times They Are A-Changin’

Inman echo’s our previous observations (and then some) concerning the abrupt slowdown in local open house traffic: All the signs are there: no more double parking to get a sneak peek at an open house showing; no more buyers sweating it out to make the best offer among dozens,... Read More »

Not Only Fashion Trends Move East To West

For months we’ve been keeping our eyes on the steady uptick of San Francisco listings that have languished in the market and have finally succumbed to the dreaded scarlet “r” (i.e. reduced). We’ve seen nothing, however, to rival what’s starting to happen in New York. Can you believe a... Read More »

San Francisco Inventories On The Rise

Although a 16% increase in the San Francisco for-sale listings is hardly substantial, it is directional (and important to note). According to the New York Times: For-sale listings have also swelled throughout California, according to the California Association of Realtors. In the San Francisco Bay area, they have increased... Read More »

Uppity Academics

It’s doom and gloom Wednesday. Not only are the economists at UCLA’s Anderson school calling the peak of the California real estate market, they’re putting 50/50 odds on a statewide recession by the end of 2007. California’s housing boom appears to be peaking, and the resultant slowdown is expected... Read More »

Dueling Academics

A new study by researchers at Columbia University and the University of Pennsylvania’s Wharton School suggests that housing prices in San Francisco are NOT overvalued. The study, titled “Assessing High Housing Prices: Bubbles, Fundamentals and Misperceptions”, points to “basic economic factors, including low interest rates, strong income growth and... Read More »

Sticks And Stones…

Nothing like being labeled a housing “Danger Zone” (as if earthquakes weren’t enough). CNN/Money confirms that the majority of buyers in San Francisco (and 49% of buyers in Oakland) are resorting to “non-traditional” loans. Not new news to our readers (other than the moniker), but the quote from the... Read More »

Start Listening To Those “Academics”

If you don’t heed the warnings of the “academics”, at least take a lesson from the history books. Excerpts from a recent article in Knowledge@Wharton: What’s driving this market? Most important: Are these loans ticking time bombs that could shock the financial markets and economy... Read More »

Anti-Bubble Counterpoint

We’re feeling a bit worn out from all the recent housing doom and gloom, so we’re serving up a couple of anti-bubble articles to add some pep in your step this morning. For example, according to Forbes writer Scott Reeves, “The booming real estate market is driven by historically... Read More »

Now That’s A Chart!

Now That’s A Chart!

(Chart from NYT article: Be Warned: Mr. Bubble’s Worried Again) Robert J. Shiller, the Yale economist who published “Irrational Exuberance” in the year 2000, is at it again. And with a vengeance. Shiller argues that, “the housing craze is another bubble destined to end badly, just as every other... Read More »

Weekend Update Special

We don’t usually update the site on weekends, but we have a feeling that tonight’s cocktail parties might be all atwitter over today’s New York Times bubble article, and we want to make sure our readers can intelligently participate in the conversations. Two dueling excerpts: On Tuesday, David A.... Read More »