real estate market

Many speculators participated in one of the greatest run-ups in real estate market prices in history, resulting in a bubble and reaching their peak in the year 2007. In fact, the real estate market was functioning a bit more like the stock market does, with irrational exuberance and quick in-and-out day trades in the form of "flipping" for quick gains.

As the real estate market peaked price-wise, folks were still borrowing themselves to the hilt and spending ever so freely, feeling an imagined wealth from the supposed increase in the value of one of their greatest assets, their homes. In the mania, little consideration is given to the fact that prices can come down, but when they do it can be quite drastic. In the real estate market, most people fell prey to the common misconception that prices only ever go up.

Some blame the Knighted-Bubble-Blower, Sir Alan Greenspan, for the fallout, hailed in 2001 for bringing us out of recession by lowering interest rates to an artificial rate of 1%. This may have spurred the onset of the real estate market sub prime debacle with the liar's loans and other unethical practices.

Bloggers speaking about the real estate market can be found at sites like Denver real estate and realestateweblog.

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Latest blogosphere posts tagged “real estate market”

• Dubai brings down the world

  
  Global Crisis News — Authority: 124
  The Dubai government stirred up markets this week by its decision to delay the debt payments which its flagship holding company and corporate biggie, Dubai World owes.  The company is under heavy debts tallying up to tens of billions that were used to fund the real-estate projects from the Middle East to Las Vegas. ...
  3 hours ago

• Billerica MA Home Prices, Sales Decline

  
  Massachusetts Home Buyer Guide — Authority: 115
  During the first nine months of the year, January through September, median home prices of single-family homes in Billerica, Massachusetts have declined over the past four years, but have stabilized this year. Median prices dropped only 1.6 percent in the nine-month period in 2009 compared to 2008. This was the ...
  4 hours ago

• EU economic report boost Turkish property

  
  LoftyVistas — Authority: 135
  Increasing numbers of visitors, a new list of reputable real estate agents and the news that Turkey set to become the fastest growing country in Europe in 2010 with a 2.8 percent growth rate are set to give Turkey’s property market a boost. European Commission’s economic forecast report for fall has estimated ...
  9 hours ago

• Forum Istanbul, the largest shopping mall in Europe

  
  LoftyVistas — Authority: 135
  Forum Istanbul, the largest shopping and lifestyle center in Europe was opened on November 17th in Bayrampaşa, near the center of Istanbuls European side. Generating employment for 5,000 persons, Forum Istanbul aims to draw 25 million visitors per year and a targeted annual turnover of €500 million. ...
  9 hours ago

• DLF to Build Rs 15 cr Flat in Delhi’s Posh Locality

  
  LoftyVistas — Authority: 135
  Real estate major DLF is coming up with Rs 15 crore flats in the posh Greater Kailash area, courtesy Municipal Corporation of Delhi (MCD), alleges Congress. Leader of Opposition in the Municipal Corporation of Delhi Jai Kishen Sharma has alleged that the civic body has “illegally” allotted the land meant for park ...
  9 hours ago

• Emaar Demands Rs800 cr from DDA for Commonwealth Games Apartment Project

  
  LoftyVistas — Authority: 135
  Real estate firm Emaar MGF Land Ltd has asked the Delhi Development Authority (DDA), the agency that oversees urban development in the national Capital, for Rs800 crore upfront for the apartments it is building at the Commonwealth Games Village, according to people familiar with the development. The construction site ...
  9 hours ago

• Office Rentals go Down at Prime Locations in Delhi and Mumbai due to Oversupply

  
  LoftyVistas — Authority: 135
  Excess supply has made office rentals in key commercial centres in Mumbai and Delhi come down by half over last year, and realty analysts fear that with business houses waiting for economic activity to pick up speed and a raft of new commercial facilities nearing completion, the rates could head further ...
  9 hours ago

• Prescott AZ Housing Market is Slowly Improving

  
  Prescott Real Estate and Community News — Authority: 116
  Prescott AZ Real Estate Market Slowly Improving Real Estate data has indicated lately that the overall and Prescott AZ housing market is slowly improving due to smaller price declines and an increased sales volume.  October sales were up for pre-existing home sales by 23.5% compared with the same month last ...
  18 hours ago

• The $698,000 mistake—In real estate boom, one mother took a chance and lost big

  
  TitusOneNine — Authority: 546
  [She was] a single mother of four who wanted a house....in the heady days of the mortgage boom....She only knew that there seemed to be possibilities, even to those with little means such as herself, which is how a woman who had never paid more than $700 a month in rent and who had relied in recent years on Section 8 ...
  21 hours ago

• Centex Homes’ Kensington Ranch – Schertz 78154

  
  RErockstar.com — Authority: 420
  Welcome to Kensington Ranch. Kensington Ranch ( map ), a community built by Centex Homes , is actually a collection of neighborhoods under one master name ( Kensingtion Ranch ). Each neighborhood has a different style and starts in a different price range. The Reserve At Kensington Ranch offers eight floor ...
  23 hours ago

• Manitou Springs pricing holds strong

  
  Colorado Springs Vintage Homes Blog — Authority: 124
  Manitou Springs Real Estate  – Single Family Homes – Market Report for October 31, 2009 Search for Homes in Manitou Springs Related Articles: Pre-Qualification or Pre-Approval, which do you need to buy a home? Colorado Springs Mortgages — tips for consumers on points How do I get a down ...
  1 day ago

• How Buyers Shop For Homes

  
  Central Ohio Real Estate Market News — Authority: 119
  The National Association of Realtors® recently released the results of their Buyer & Seller Profile Survey that was conducted in 2008. As agents, we like to know where buyers are shopping for homes (RESOURCE). It is also important to know how the buyers first learned about the home they actually bought ...
  1 day ago

• Dubai brings down world

  
  Ravi Karandeekar's Pune Real Estate Market News Blog — Authority: 431
  Dubai World — the conglomerate that spearheaded the emirate’s breakneck growth — announced a proposal to delay paying back loans worth $59 billion (Rs 276,000 crore), investors read it as a sign of yet another implosion after Iceland and Ireland. This is almost three-fourths of the country’s total $80 billion ...
  1 day ago

• Dubai World crisis will certainly impact the Indian realty sector which has not even fully recovered from the Lehman Brothers crisis

  
  Ravi Karandeekar's Pune Real Estate Investment Blog — Authority: 422
  Parry Singh, managing director of real estate equity fund Red Fort Capital, the debt crisis many again drive banks to tighten their credit policy, a move that could jeopardise the credit flow into the realty sector. “It will also adversely affect the sentiments of investors. Indian developers get lots of funds ...
  1 day ago

• The Housing Boom and Bust, part 3

  
  Home Sweet Home, Insider-Tips on Minnesota real estate. — Authority: 131
  From the book "The Housing Boom and Bust" by Thomas Sowell. Excerpted by arrangement with Basic Books, a member of the Perseus Books Group. Copyright 2009. This is the third installment of a Monday series excerpting the chapter on political causes from Thomas Sowells latest book, "The Housing Boom and Bust." In ...
  1 day ago

• Real Estate Trends and Predicaments for 2010

  
  www.OwnACondo.com — Authority: 133
  As the Real Estate market continues to decline, many people are wondering, what is the market going to look like in 2010? In terms of a full market recovery, this is highly unlikely during 2010. In order to fully understand where the world sits in terms of position, it is important to understand the issues [...]
  1 day ago

• Edmonton Real Estate Market Weekly Update

  
  Edmonton Real Estate — Authority: 125
  Here is our update on the Edmonton real estate market. (Previous weeks numbers are in brackets). For the past 7 days: New listings: 289 (329, 291, 306) # Sales: 217 (223, 213, 225) Ratio: 75% (68%, 73%, 74%) # Price...
  1 day ago

• Pricing in Southwest Colorado Springs continues to decline

  
  Colorado Springs Vintage Homes Blog — Authority: 124
  Colorado Spring Real Estate, October 31, 2009 Market Report for Southwest – Single Family Homes, Homes Close to Fort Carson Includes  Homes in the Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge Search for Homes in Southwest Colorado Springs Related Articles: Pre-Qualification or Pre-Approval, ...
  2 days ago

• Buyer representation began in January 1995 and is still strong today

  
  Mississauga Real Estate, Homes, TREB & MLS Blog by Mark Argentino — Authority: 132
  BUYER REPRESENTATION IS HERE! This was the headline that was shouting out a new revolution in real estate in January of 1995! Buyer agency really has changed for the better the way real estate is conducted in Ontario. When you buy your next home, Why be a customer when you can be my client? For ...
  2 days ago

• Preapproval Letter for Home Buyers

  
  AllPropertyManagement.com — Authority: 126
  If you?re thinking about investing in a new home you may find that having a preapproval letter from a mortgage lender is a great way to start. The preapproval letter isn?t necessary but it can help you seal the deal and speed up the process once you find the home you want. Preapproval letters hold more clout than ...
  2 days ago

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