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housing bubble: Will a downturn in housing markets be regional? - 04/02/07 10:06 PM
In just got the following comment on one of my last blog posts on how the subprime meltdown will effect the real estate market...
Hi Matt and everyone:
matt - Your posts always provide good information. But, after just read about your "housing bubble" post written last July, it got me thinking:
Will the affects of this meltdown also regional, much like the upward / downward trend of the housing market? For a particular hot market like Bellevue, WA, where you reside, you know that the market has been going strong for the last few years, and probably still has room to go up. Will a hot … (15 comments)
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housing bubble: Subprime meltdown and the real estate market - 03/13/07 03:22 PM
Watching the meltdown in the subprime market the last couple weeks has been kinda shocking. The fact that it's happening or even how fast it's happening isn't the shocking part, it's the fact that how many people act totally surprised by it, is what gets me. The lending standards, particularly over the last two years were almost criminally loose. 100%+ LTV loans, No Doc Loans, Hybrid ARM's with 1% teaser rates, lending to people with insanely high debt to income ratios.
I don't expect to see this contained in the subprime market either, these same types of loans were being made (but to … (46 comments)
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housing bubble: Bubble? My views on the housing market. - 07/07/06 11:42 AM
Since last weeks blog topic was asking members to write about what they see happening from the ground level as far a market slowdown, I thought I would throw in my two cents. The whole topic of a bubble in the housing market has interested me for several years, long before the mainstream media started running stories. The reason is not necissarily because I work in the real estate industry but rather I love numbers, watching trends and in particular how they are driven by people's psychology.
First off, I think the term "Housing Bubble", or at least the notion that it will simple "pop" … (2 comments)
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Matt Heaton
Bothell,
WA
More about me…
Timu Corp - CEO, ActiveRain - Co-founder
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My ramblings about growing ActiveRain, the real estate industry and something I follow very closely, credit markets. Why "The ActiveRain Addiction"?
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