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Funny....you keep smelling roses everywhere you go. Many others here just smell a turd (in the making). No doubt about it Convert, you are a realtor or other with an extremely vested interest. Las Vegas is toast, and it's been that way for months. Appreciation has ceased, and price cuts...

Interesting chart showing builders might be peak building the maximum number of new homes at precisely the wrong time, and further shows that we have now reached the historical time where the legs could be taken out from the builders and the home market and a correction could begin. Of...

http://piggington.com/ "2.8.05 - Population Out-Migration, Pundit Desperation Our beloved Union-Tribune today ran an article concerning the fact that, for the first time since the mid-90s, San Diego County experienced a net out-migration from July 2003 to July 2004 (in other words, during...

JANUARY 31, 2005 Business Week WORKING LIFE Far From The Madding Crowd Take the home equity and run inland, say city dwellers on both coasts Only a year and a half ago, Debbie Rubenstein and David Flynn felt like the commuting dead, slogging three hours round-trip from their home in...

Many Homeowners Who Depleted Their Equity Sink Deeper Into Debt By Paul Wenske The Kansas City Star January 18, 2005 Like millions of Americans, Jerry Whetstone joined the rush to tap the equity in his home a few years ago. Whetstone and his wife figured that with his sales job...

Wells Fargo Home Mortgage Introduces 10-Year ARM With Interest-Only Feature DES MOINES, Iowa, Jan 26, 2005 PRNewswire via COMTEX/ -- A new product feature from Wells Fargo Home Mortgage can help homebuyers looking to increase their short-term cash flow or who intend to move or...

(cont) It is true that, for the United States as a whole, real home prices were 66 percent higher in 2004 than in 1890, according to the index my research assistants and I have put together. But all of that increase occurred in two brief periods: the time right after World War II and since...

'Irrational exuberance' -- again! Remember the stock bubble? Yale economist Robert Shiller, says we're just as mad for real estate. January 25, 2005: 12:54 PM EST By Robert J. Shiller NEW YORK (MONEY Magazine) - Yale University economist Robert Shiller made one of the great calls in...

High cost of a low-payment loan By Kenneth R. Harney Special to The Times January 16, 2005 WASHINGTON — Are low monthly payments on a home mortgage always good? Are you kidding? Of course they are, you might answer. But a report issued by a Wall Street firm suggests that...

Ok people...this deal takes the cake. You have heard all those radio spots pitching "no-payments, no-principal" real estate loans, etc. This one does it one better...check out these payments, as low as $25 bucks a month for a $1 Million loan...

Extra Housing bubble is real, report says Bank predicts a 'hard landing' by mid-2005. And regulators say too many homeowners are cashing out their equity to play the market. By Reuters Economists at HSBC have waded into the debate over whether the U.S. housing market is overinflated...

Your post brought back memories. Back in the late 70's real estate was just screaming hot in California. I was in my early 20's and got hot on a house myself and started reading books. The bookstores had tons of new books...infamous authors like Albert Lowry (eventually went bankrupt), Robert...

Interesting article that in the last two paragraphs discusses the "liquidity crunch" experienced by sellers in a downtrending market. Some time ago this was also outlined by Billbuild. I have seen this same thing twice, where no one shows up for open houses despite 30%+ price reductions, and...

http://chronwatch.com/content/contentDisplay.asp?aid=12147&catcode=13 "Has Greenspan Over-Pumped the Real Estate Bubble? Written by Noel Sheppard Tuesday, January 04, 2005 Like most people with even a passing interest in matters relating to business, I have been reading articles in...

Looks like they are rounding up a few more housing "longs" before the decline.... Tue, Jan. 04, 2005 Pilot program funds mortgage loans for illegal immigrants XIAO ZHANG Associated Press MILWAUKEE - In a pilot program described as the first of its kind, an agency created by the...

In 1989 William Lyon was the richest man in California based on his real estate holdings and ownership in William Lyon Development. By 1994 William Lyon Development was bankrupt and he had lost everything. A couple of years later the board of Presley Homes Development offered him their CEO...

What a short memory you have. Do you not remember the California real estate declines of 1980-84 and 1990-95 where real estate went down 30-40%? Do you think this will never happen again??? Where was Greenspans' sensitive ass when hundreds of thousands of people handed back the keys to their...

Jem, Don't be so quick to doubt your decision. Bubbles can have persistence that makes investors on both sides doubt themselves before they are over. I also subscribe to the notion that markets ALWAYS, in the long term, make the maximum amount of people wrong.....OWP Some localities show...

I notice on the eSignal board people clamoring for an indicator for put/call ratio like this one I have attached. For around a year and a half, eSignal has said this was one of the most requested indicators. What gives, is this a tough one to include? Seems like if we could have an...

I understand what you are saying, but I don't think by any long shot that "everyone seems to agree that there exists a housing bubble." Witness record percentage of home owners, record appreciation in the last few years, record levels of speculation in properties, and reduction of rents...