Bubble Meter
A blog dedicated to tracking the continuing decline of housing markets throughout the USA. It is a long slow decline. But, decline it will. The speculative episode was simply unsustainable. With special attention to the Washington, DC area. Please join in the discussion.
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Posted 4 days ago
Bank of America's acquisition of Countrywide Financial is expected to take place today, which means Angelo Mozilo is retiring. From the Wall Street Journal:Angelo Mozilo, slated to step down as chief
Posted 4 days ago
From Fortune Magazine:Eli Broad, the billionaire investor and KB Home (KBH) founder, says we re in the worst recession since World War II, and that a housing market recovery is years away. In an int
Tags: housing
Posted 4 days ago
Click on the images to see the full-sized graphs of housing prices in Los Angeles, Riverside-San Bernardino, and San Diego, California.Source.Do we have any readers from Southern California who can gi
Tags: housing real estate
Posted 5 days ago
This comes via the Los Angeles Times. The median house price in California fell almost $210,000 in a single year. Wow!California's housing market continued its historic decline in May, as a flood of f
Tags: foreclosures housing
Posted 5 days ago
Hat tip to the New York City Housing Bubble Blog for finding this:
Tags: housing housing bubble
Posted 6 days ago
The 808housing blog points out that mortgage fraud on the islands is even higher than on the U.S. mainland.According to the Honolulu Advertiser article, the combination of lax standards coupled with t
Posted 6 days ago
This video comes from exactly one year ago today:
Posted 1 week ago
CNNMoney reports on the housing bailout bill:After failing to approve an omninbus housing rescue package this week, the Senate is scheduled take up the bipartisan-supported bill again the week of July
Tags: housing real estate
Posted 1 week ago
InvestmentNews shows that home equity as a percentage of value has steadily declined since World War II.I do not believe this is a problem as long as people aren't over-paying for homes. However, the
Tags: real estate
Posted 1 week ago
From The New York Times exactly eight years ago today:Gov. George W. Bush of Texas said today that if he was president, he would bring down gasoline prices through sheer force of personality, by creat




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