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”

• Tony’s Realty Lists Magnificent Property in Orient Heights

  
  All About East Boston Weblog — Authority: 106
  Tony’s Realty recently listed a magnificent property located at 45 Gladstone Street in Orient Heights. Probably one of East Boston’s finest two family homes, this property sits handsomely on a hill set back from the street on 15,000 square feet of land. The first floor unit is a five-room, two bedroom unit. The ...
  4 hours ago

• San Antonio Move-Up Buyers And The First Time Home Buyer Tax Credit.

  
  RErockstar.com — Authority: 420
  What to do now that the tax credit has arrived? As you’ve already read in “ First Time Home Buyer Tax Credit – The New Extension And Expansion ,” the new changes to the First Time Home Buyer Tax Credit allows for so-called “ move-up ” buyers to receive a tax credit of up to $6,500. So how does this ...
  6 hours ago

• The Odds of Selling Your Seattle-Eastside Home in October, 2009

  
  Eastside Real Estate Buzz — Authority: 116
  Seattle Eastside Real Estate Sales, October 2009 The odds of selling a home on the Eastside in October 2009 ranged from a low of 14% to a high of 26%, with an average 20% absorption rate. (The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that ...
  10 hours ago

• Tucson MLS Statistics for October 2009

  
  Tucson Real Estate — Authority: 113
  The stats are out for October and the closed transactions for the month were strong.  I’ve asked around about the impact of the First Time home buyer tax credit, but no one tracks this data.  Not the MLS and not our brokerage.  From our experience we know of no one using this tax credit who is a “true” first ...
  13 hours ago

• Top 10 real estate posts of the day for 11/9/2009

  
  Hassle Free Phoenix Area Home Search — Authority: 131
  1) RPR Madness! NAR unleashes national property database with Cyberhomes – Let the debate begin. A national style MLS with more bells and whistles. The first two posts here are worth reading in full, this first one is more of a neutral to glass half full take. 2) The coming civil war in real estate: The RPR ...
  16 hours ago

• Keller Williams Realty NEWS: Don’t Disount The Tax Credit Yet!

  
  A Real Estate Agent Career At Keller Williams Realty — Authority: 122
      Keller Williams Realty NEWS: Don’t Discount The Tax Credit Yet!     Last week, after the Senate gave its final and fully supportive approval on the homebuyer tax credit extension, the House of Representatives voted overwhelmingly to pass the legislation, sending the tax credit to President ...
  16 hours ago

• Monday Market Snapshot – November 9, 2009

  
  Dothan Home Search, Dothan real estate blog from CENTURY 21 Key Realty — Authority: 123
  Homes on market 1100 UP Median List price $159,900 UNCHANGED Avg $ per sq ft $93.03 DOWN Avg days on market 164 DOWN Least expensive listing $21,000 - Most expensive listing $1,950,000 - Pending sales 158 DOWN Sales last 30 days 81 DOWN The number of homes for ...
  17 hours ago

• Rio Rancho Houses for Sale - The City of Vision

  
  3stepADS - Free Advertising Blog — Authority: 576
  There is a brand new site called Rio Rancho houses for sale that will be talking about and showing what homes in Rio Rancho are for sale.
  18 hours ago

• Sacramento October 2009 Market Report

  
  Sacramento Real Estate Voice — Authority: 120
  Sacramento, CA October 2009  brought 5, 223 single family homes for sale in the MLS. There were 2, 466 offers accepted by home sellers and only 1,663 homes actually sold in Sacramento County which is down slightly from last month’s single family home sales .  The average sold price of a home in Sacramento ...
  19 hours ago

• Average single family residential home prices increase for past decade

  
  Mississauga Real Estate, Homes, TREB & MLS Blog by Mark Argentino — Authority: 127
  This graph illustrates the average single family residential prices in the GTA over the past 10 years. There has been a clear trend for the past decade that prices have increased every year. Enjoy Mark I hope this finds you Happy and Healthy! All the Best! Mark A. ...
  23 hours ago

• Indiareit to Raise $500-Million Offshore Fund

  
  LoftyVistas — Authority: 136
  Indiareit Fund Advisors Pvt Ltd, a real estate fund manager promoted by the $1.8-billion Piramal Enterprises, is preparing to raise a $500-million offshore fund. Indiareit is wooing London-based private equity and venture capital firm 3i, which manages 11.7 billion euros worth of assets globally, into its new ...
  1 day ago

• CREDAI Submits its Report on Real Estate Regulation Bill in India

  
  LoftyVistas — Authority: 136
  The Confederation of Real Estate Developers’ Associations of India (CREDAI) has submitted its views on the proposed Model Real Estate (Regulation of Development) Act to the government. According to CREDAI, the current Draft Bill seems to penalise the developer but does not provide any real relief to the end user. ...
  1 day ago

• October 2009 - Top 10 popular blogs on Ravi Karandeekars Pune Real Estate Market News Blog

  
  Ravi Karandeekar's Pune Real Estate Market News Blog — Authority: 431
  According to Google Analytics: 1) Friday, October 2, 2009 Upcoming project of 2 BHK and 3 BHK flats near Pancard Club, Baner, Pune 2) Thursday, October 8, 2009 Now, at Wakad Pune, 2 BHK flat in 25 lakhs! Mont Vert Seville, phase 2, at Wakad Pune to open booking of 2 BHK flat for Rs. 22 lakhs ...
  1 day ago

• November Green Market Update

  
  TurningHoustonGreen — Authority: 108
  From the sound of it, money is starting to open up for builders and investors as over the past few weeks I have heard about atleast 3 amazing Green Developments that are in the works and hope to be up and building by February of next year.  Each one is unique and different but all revolving around Green Construction ...
  1 day ago

• 2203 Cristobal Drive – Garden Ridge TX 78266 – Georg Ranch

  
  RErockstar.com — Authority: 420
  [kml_flashembed publishmethod="static" fversion="8.0.0" movie="http://www.youtube.com/v/ZSIS0WO_fBs&hl=en&fs=1&" width="400" height="300" targetclass="flashmovie"] If you’d like to watch this video of the 3/4 acre lot available in Georg Ranch at 22003 Cristobal Drive in Garden Ridge TX 78266 , ...
  1 day ago

• Remembering the Eighth of November

  
  Clark County Real Estate Guide — Authority: 416
  Today I’ll break from my normal “ Getaway Sunday ” schedule to do a little pre-Veteran’s Day tribute. Yes, Veteran’s Day will be celebrated this Wednesday, November 11th by the entire country but maybe you could take 6 minutes out of your day today to remember all those who served and sacrificed on this ...
  1 day ago

• New Investor Mistakes That Can Be Prevented

  
  Property Options Australia — Authority: 123
  As you start out in the real estate market, you may wonder why some investors are hugely successful while others are just making ends meet, and why sometimes the first deal is the last deal. You may think that some people are just luckier than others are or that some people are simply destined for prominence. You do ...
  1 day ago

• Boise, Idaho Real Estate Stats – October 2009

  
  Boise Real Estate Blog — Authority: 118
  Here’s a snapshot of October’s real estate activity for Boise, Idaho (Ada County): Available Homes # Available: 3,673 # Vacant: 1,864 Vacant Percent: 50.8% Average Asking Price: $266,960 Median Asking Price: $189,900 Pending Sales # Pending: 895 Average Asking Price: $207,072 Median Asking ...
  1 day ago

• Meridian, Idaho Real Estate Stats – October 2009

  
  Boise Real Estate Blog — Authority: 118
  Here’s a snapshot of October’s real estate activity for Meridian, Idaho: Available Homes # Available: 1,003 # Vacant: 590 Vacant Percent: 58.8% Average Asking Price: $215,217 Median Asking Price: $180,112 Pending Sales # Pending: 292 Average Asking Price: $186,240 Median Asking Price: ...
  1 day ago

• House of Representatives Passes Health Care Reform Bill

  
  Central Ohio Real Estate Market News — Authority: 120
  This blog is for real estate and I intend to keep it that way. I don’t intend to turn it into a political blog but since our government is making decisions that affect the real estate industry, I’m finding that to keep you up-to-date on the real estate industry, I should advise you of those changes that impact ...
  1 day ago

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