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Housing Bubble News

Housing Bubble News

News, commentary and opinion on the course of the Housing Bubble. Blogs devoted to this topic are encouraged to add their article to Zimbio for inclusion in the wikizine. All strands of opinion are encouraged with the expectation of a... [more]

News, commentary and opinion on the course of the Housing Bubble. Blogs devoted to this topic are encouraged to add their article to Zimbio for inclusion in the wikizine. All strands of opinion are encouraged with the expectation of a mature and informed level of social and economic analysis. Contributions emphasizing the macroeconomic effects are especially welcome.

Articles
A state foreclosure prevention project has enabled over 2,500 North Carolina home owners to avoid foreclosure and has provided financial and mortgage problem advice to 5,000 more, the North Carolina Office of the Commissioner of Banks said Monday.  
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A North Carolina foreclosure-prevention project has enabled more than 2,500 homeowners statewide to avoid foreclosure and has provided financial and mortgage problem advice to 5,000 more, the N.C. Office of the Commissioner of Banks says.  
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From Jim Puzzanghera at the LA Times: Foreclosures for major sector of bank industry topped 1 million in third quarter, report says The number of home foreclosures for a major sector of the banking industry topped 1 million for the first time in the third quarter of the year as struggles spread to homeowners with prime loans and modified mortgage payments, according to new data released today by ... the Office of the Comptroller of the...  
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Inquiring minds are reading Luxury-Home Owners in U.S. Use ‘Short Sales’ as Defaults RiseHomeowners with mortgages of more than $1 million are defaulting at almost twice the U.S. rate and some are turning to so-called short sales to unload properties as stock-market losses and pay cuts squeeze wealthy borrowers.Payments on about 12 percent of mortgages exceeding $1 million were 90 days or more overdue in September, compared with 6.3 percent on...  
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Washington PostMore US Home Foreclosures, Job Losses ReportedVoice of AmericaRising home foreclosures and continuing elevated job losses dominated a mostly-somber batch of US economic data Thursday. Photo: AP Rising home foreclosures ...Utah's home foreclosures continue to increaseSalt Lake TribuneUS home foreclosures at record high as jobs crisis deepensWorld Socialist Web SiteForeclosures will keep rising through 2010, report saysLos Angeles...  
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Edward Pinto: Acorn and the Housing BubbleWall Street JournalAll agree that the bursting of the housing bubble caused the financial collapse of 2008. Most agree that the housing bubble started in 1997. ...Quick Fact: WSJ op-ed advances tired and discredited claim that affordable ...Media Matters for AmericaHow ACORN destroyed the housing marketWashington Examinerall 6 news articles »  
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Heritage.orgWho's to Blame for the Housing Bubble?Wall Street Journal (blog)If the housing bubble began during the Clinton administration, it can be blamed on the Democrats and their efforts to expand homeownership to people who, ...The New Reality The CousinsEl Paso IncFHA Bailout By Taxpayers On The WayHoweStreet.comFHFA Releases 2009 Performance and Accountability ReportDSNews.comall 210 news articles »  
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Globe and MailThree views on a housing bubbleGlobe and Mail“Is Canada in a housing bubble? Probably, but low rates, mortgage innovation and a relative shortage of new supply are likely too keep it going for a while ...Is Canada in a housing bubble?National PostCanada's housing rebound sparks fear of bubbleReportonBusiness.comIs there a real estate bubble? GM sees start of turnaroundGlobe and Mailall 57 news articles »  
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The People Who Couldn't See an $8 Trillion Housing Bubble and Thought Iceland ...Firedoglake (blog)That is what Alan Blinder tells us in a Washington Post column today. Blinder tells us that the vast majority of academic economists and people in the ...and more »  
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Swedish cbanker cautious, but sees no housing bubbleForbesVIENNA, Nov 16 (Reuters) - There are no signs of a new house-price bubble building in Sweden although there are reasons for caution, Swedish central bank ...and more »  
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Housing bubble troubleWall Street JournalIs there a property bubble emerging in China? As ever, getting an answer is like nailing jelly to a wall. Property prices across 70 large and midsize cities ...and more »  
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