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Homeowners addicted to low rates, double-digit price appreciation Monday, November 29, 2004 Inman News Foreclosures.com Mortgage defaults in California will surge by the second quarter of 2005, according to Foreclosures.com, a real estate investment advisory company that focuses on...

Housing Bubbles Are Not Like Stock Bubbles http://www.alwayson-network.com/comments.php?id=6472_0_5_0_C If you're looking for the housing bubble to end like the stock market bubble, you'll be surprised. Housing bubbles may run on the same fuel as stock market bubbles, excess money from...

Global: Bubble Day Stephen Roach (New York) Dec 03, 2004 http://www.morganstanley.com/GEFdata/digests/20041203-fri.html#anchor0 December 1, 2004 could well go down in history as yet another important milestone for America’s bubble-prone economy. No, I am not referring to the...

No one expects interest rates to head up to double digits...where did that one come from??? Fact is real estate is already stumbling a bit with some mixed news the last few months, and that was with real long term interest rates actually heading down. If interest rates head back up just a couple...

Or if not a realtor at least he is an extremely vested "long". My take would be he owns a home and that is most, if not all, his net worth. Probably re-fied a few times up to his eyeballs. Convert, in my area real estate had a very nice run up to about 1979 and then just finally choked and...

You might remember a few pages back in this thread on 11-11 where I wrote the following... The damage had been done to this chart back then with the break of trendline, and is confirmed now after the chart "back and filled" a bit. It is taking off big time as you can see below on this...

Incredible, just incredible From Minneapolis Star Tribune: "When confronted with a series of financial crises -- divorce, loss of his job and $28,000 worth of credit-card and other bills -- Ed Derdzinski did what millions of other Americans have done over the past several years: He bet the...

Actually my sister did just that in the last year. She and my brother-in-law sold their very nice 4000 sq home in a Los Angeles suburb...very upscale but way too much room for them. They actually had rooms they never used they had closed off. They bought a 1600 sq home for all cash far out in...

You are correct. Soon it will be time when many boomers need to divest themselves of their large 'empty nest' homes and other holdings (vacation homes, etc) and move to smaller quarters....It could be an even larger bloodbath then we imagine, thanks for the heads up.

http://www.modbee.com/local/story/9506296p-10399817c.html Housing experts say cash in now By J.N. SBRANTI BEE STAFF WRITER SAN FRANCISCO — National real estate experts have advice for California homeowners: Sell now. California home prices have soared 123 percent the past five...

http://www.siliconinvestor.com/readmsg.aspx?msgid=20806599 "Here is an example of current situations: A customer of mine closed on a 4Br Colonial in Westchester in August. We did a lot of quick paint and spruce up work so they could move from their NYC penthouse which we gut-rehabbed for him...

Let out more rope from which they hang themselves...OWP Home equity loans http://money.cnn.com/2004/11/23/real_estate/financing/home_equity/index.htm Outstanding debt for home equity lines of credit increased nearly 11 percent during the third quarter, according to preliminary numbers...

Housing, Dallas: Home foreclosures up 14 percent http://www.dfw.com/mld/dfw/business/10215846.htm?1c By Andrea Jares Star-Telegram Staff Writer There were nearly 10,000 foreclosure postings on Tarrant County homes in 2004, the highest number of postings since the real estate crash of...

http://www.siliconinvestor.com/readmsg.aspx?msgid=20786133 "California builders tell me the Southern California market changed eight months ago in April 2004. Since that time would be buyers often don't show up for appointments with sales staff, are nervous, uncertain they're doing the...

Actually, I live in Ventura County. But San Diego, Ventura, Los Angeles, and Orange counties have tracked perfectly in sync during the last few real estate cycles going back over 30 years... My "research" consists of only armchair observations, much reading, and my background of some real...

http://piggington.com/ 11.20.04 - September Data September data is in. Inventory was up and sales were down, as it's been since June. And like August, prices were ever so slightly down. What is striking to me is that the obvious decline in demand has taken place in an environment of...

U.S. leading indicators fall for 5th straight month - Thursday, November 18, 2004 3:34:36 PM http://www.afxpress.com WASHINGTON (AFX) - The U.S. economy is losing steam, the Conference Board said Thursday, reporting that the index of U.S. leading economic indicators fell 0.3 percent in...

Bill, Would this be along the lines of what you are talking about? If you have any further thoughts it would be appreciated. Although I have lived through bubbles (and experienced their goodness and some bad) I am still in a period of trying to understand how they are deflated exactly, what...

I agree with your comments... I too hear people saying about desirable places to live " there is no way you can lose investing in California real estate, etc". I used to hear and read that in the paper back in 1989 almost every day, but that didn't stop the market from going down 25% in 4...

Agreed...the divergence forming between lowered wages (in real terms) , falling dollar, job losses, vrs. rising real estate appreciation in the last two years has to work itself out somehow. I don't think it will have a happy outcome. This is the third real estate bubble I have lived through...