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 »

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 »

(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 »

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 »

Ever been to Sydney, Australia? It’s beautiful on-the-bay living in a geographically constrained, internationally desirable, and damn expensive city. Sound familiar? So when JPMorgan goes on record stating that house prices in Sydney are overvalued by 37%, and due for a correction, we sit up and take notice. For... Read More »

We’re wishing we hadn’t already used-up our “An ARM (And Quite Possibly A Leg)” headline. Considering how alarmed we’ve been with the explosion of ARM financing, we’re down right terrified with the adoption of “option ARMs”. A couple of excerpts from today’s WSJ article “Sore ARMs? A Peek Inside... Read More »

We need a bigger audience. SocketSite’s first “Highly Scientific Real Estate Survey” garnered slightly fewer responses than we hoped (well okay, a lot fewer). Considering we’re tracking around 10,000 views a month, and doubling every 30 days, you’d think that we might get a little more love participation from... Read More »

Have an opinion about where the San Francisco real estate market is headed over the next two years? Willing to challenge the “Industry Experts”? Today’s your last chance to take SocketSite’s Highly Scientific Real Estate Survey (a whopping four multiple choice questions). Come on people, every vote opinion counts.... Read More »

A great post (and quote) brought to our attention by Ben Jones’ The Housing Bubble 2 this afternoon.  First the quote: ‘I can calculate the motions of heavenly bodies, but not the madness of people.’ (Sir Issac Newton having lost his shirt in the South Sea bubble, 1721) And... Read More »