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”

• Ecuador Real Estate Search

  
  Gary A. Scott — Authority: 427
  When you start your Ecuador real estate search, remember a thought that has been around for quite awhile…”Veni Vidi Vici.” I came… I saw… I conquered.  The phrase is not “I conquered over the internet and then flew down”. The biggest most important factor is first to come… The second is to look and ...
  8 hours ago

• Northwest Colorado Springs Real Estate Market Info For October 2009

  
  Colorado Springs Real Estate Connection — Authority: 123
  Here is the Northwest Colorado Springs Real Estate Market Report for October 2009 – brought to you by the Colorado Springs Real Estate Connection.  Northwest Colorado Springs consists of all the neighborhoods west of I-25, north of Garden of the Gods Road, all the way up to the US Air Force Academy. These areas ...
  14 hours ago

• Tucson Real Estate Nov 20 Sneak Peak

  
  Tucson Real Estate — Authority: 118
  Two Thirds of November 2009 down One Third To Go A sharp curve indeed We seem to have turned a corner.  Maybe,  No I’m kidding we have turned a corner.  But, this road to recovery is more like a Mountain road than one that is stretched out in the desert. Not a long gradual incline, no, instead it twist ...
  14 hours ago

• Park Titanium at Wakad Pune, 3 BHK & 4 BHK luxurious condominiums in Park Street, launched!

  
  Ravi Karandeekar's Pune Real Estate Market News Blog — Authority: 434
  So, it was all about Pride Purple Groups new residential project of 3 BHK Flats - 1950 sq.ft. onwards - and 4 BHK Flats - 2575 sq.ft. onwards - in Wakad, Pune! Day before Yesterday, Thursday, 19th November 2009, Page 3, Times of India: Yesterday, Friday, 20th November 2009, Page 3, Times of India: ...
  1 day ago

• Has the First Time Homebuyer Tax Credit Worked? | Plainfield IL Homes for Sale

  
  Living In Plainfield — Authority: 104
  Wow, the amount of home closings in Plainfield IL for October was HUGE!   The first time home buyer tax credit has done an incredible job of sparring the housing market in Plainfield IL. The 4,988 home closings in Plainfield IL in October 2009 was nearly double the amount of closings in September, which had 2,541 ...
  1 day ago

• Northeast Colorado Springs Real Estate Market Info For October 2009

  
  Colorado Springs Real Estate Connection — Authority: 123
  Here is the Northeast Colorado Springs Real Estate Market report for October 2009 – brought to you by the Colorado Springs Real Estate Connection. NE Colorado Springs neighborhoods include all areas (roughly) north of Austin Bluffs, South of Woodmen Road, East of Nevada/I-25 and West of Powers Blvd. NE Colorado ...
  1 day ago

• An Update on HST And Housing

  
  Move To Nanaimo — Authority: 104
  Regular readers will remember this post where I outlined my concerns about HST and the effect it will have on the housing market, and in particular those people who make a living from building homes. Today I received an announcement from the local real estate board that updated us on the issue’s development and ...
  1 day ago

• (Get a) Home for the Holidays (?)

  
  Garage with a Detached Home — Authority: 418
  This content copyright © Garage with a Detached Home 2009 Image via Wikipedia I was talking with one of my mortgage guys a few days ago, and the subject of mortgage timelines came up… and there is still time to get your dream home for the holidays…  OK, not Thanksgiving… but Christmas is still ...
  1 day ago

• Turkey will continue to attract more foreign direct investments

  
  LoftyVistas — Authority: 136
  The present time offers a good opportunity for overseas investors to invest in Turkish properties, it has been stated. Recep Tayyip Erdogan, Turkey’s Prime Minister announced that Turkey attracted investments of around USD 6 billion in the first eight months of 2009. Mr. Erdogan said during a meeting at the ...
  1 day ago

• Global investors eyeing Dubai realty market, once again

  
  LoftyVistas — Authority: 136
  With the recession having loosened its grip across the globe, global investors have begun eyeing Dubai real estate market as the property prices have slowly begun to move towards reasonable levels, an industry expert said. The latest results from the Dubai House Price Index from Colliers indicate that real estate ...
  1 day ago

• Blowing Up The Next Housing Bubble

  
  Understanding Government — Authority: 438
  The New York Times’ David Stretfield has a very good piece today about Housing and Urban Development’s Federal Housing Administration pouring money into the real estate market. The Obama administration is “guaranteeing the mortgages of middle-class and even upper-class homebuyers.” And FHA is ...
  1 day ago

• Even the good die young? High-quality mortgages approaching foreclosure

  
  BloggingStocks — Authority: 665
  Filed under: Economic data , Housing , Recession The loans that got us into this mess were generally the first to fall. Variable rate mortgages written without documentation for people with sketchy credit histories shocked nobody as their slide became an avalanche. But, the good stuff is starting to follow . An ...
  1 day ago

• Don’t get caught in the foreclosure frenzy

  
  Lucrative Investing — Authority: 511
  In this real estate market, you can find yourself thinking that a house is a good deal just because it has been put on the auction block after a foreclosure. While it may seem that you are getting a good deal on a house, there are certain things that you have to keep in mind to keep yourself from getting caught up in ...
  1 day ago

• One in Seven: Heres the sobering news, courtesy of...

  
  Curbed LA — Authority: 635
  Heres the sobering news, courtesy of the Wall Street Journal : "About one in seven American households with mortgages is behind on payments or in foreclosure, according to new data from the Mortgage Bankers Association. That is up from about one in 10 a year ago." That translates to 7.5 million households nationwide ...
  1 day ago

• Mailbox litter – how do we stop it?

  
  Central Ohio Real Estate Market News — Authority: 121
  How do you feel about businesses attaching their self-promotion flyers on your mailbox? I think it is a violation of USPS rules, but that doesn’t stop people from doing it. Don’t know about your area, but my neighborhood gets the flyers from landscapers, deck builders, maids, churches, driveway sealers, and yes, ...
  1 day ago

• The Home Stimulus Plan To Avoid Foreclosure.

  
  loans-blog — Authority: 148
  In order to prevent collapse of the real estate market and to encourage people to preserve their homes rather than foreclose their property the government of the USA has developed loan modification program. Its main purpose is to stop big scale foreclosure processes that happen all over the country and to foster ...
  1 day ago

• Mortgage delinquencies set new record in third quarter

  
  Real Estate Consumer News — Authority: 130
  Unemployment Remains Main Cause of Delinquencies The second quarter of this year saw mortgage delinquencies reported by the Mortgage Bankers Association hit the highest level since they began keep track of the data almost 40 years ago back in 1972.  Unfortunately that record didn’t stand long and was broken by the ...
  1 day ago

• Commercial Real Estate Will Collapse

  
  Stupidica — Authority: 172
  The long-feared financial disaster is still looming. Bad court decisions could set it off. The commercial real estate market is on its last legs and unless drastic actions are taken, the effects on the broader economy will be catastrophic. The obvious problem is the excessive amount of debt placed on the properties ...
  2 days ago

• Your Position as a Real Estate Buyer

  
  AllPropertyManagement.com — Authority: 125
  When buying real estate you may feel that the seller has the upper hand. After all, they have what you want and you can only do so much to get it. But remember, as the buyer you are also in good position. This is particularly true in a slow market, such as the one the United States is facing right now. The main thing ...
  2 days ago

• Buyer Beware: Insanely High Mainentance Costs Destroying UAE Real Estate Market

  
  USA2UAE.COM — Authority: 112
  Just ask yourself, why would you buy when the charges may be as high as 100k per year for maintenance… Homeowners in The Cove development in Ras al Khaimah could each face service bills of more than Dh100,000 (US$27,226) a year because the developer must rely on generators to provide power to the luxury resort. ...
  2 days ago

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