• Real Estate Chart of the Day
  
• Real Estate Search Engine
  Put this real estate search engine on your website or blog. Just grab the code below!
• Recent Posts
  • Another foreclosure wave coming: Chase
  • First Federal of Northern Michigan Bancorp, Inc. Announces Second Quarter 2010 Results
  • Property expo to showcase projects
  • Failed Idaho resort residents aim to revive skiing at Tamarack
  • Failed Idaho resort residents aim to revive skiing
  • HOME PAGE
  • Patriot National Bancorp Reports Significant Decreases in Losses and Nonperforming Assets for the Third Consecutive …
  • Clear Capital: Sac-area home prices up 8.4% from last year
  • Major Structural Changes In One Year
  • Property/casualty insurers turn to reserves: Analysis

China doesn't just have a property price bubble, but a quantity bubble as well. If Beijing doesn't get serious about this soon, the Chinese economy will suffer the same fate as the U.S., writes economist Andy Xie in a commentary for Caixin Online. Faulkner said he's not an economist, but he is sure that until the backlog of short sales and bank-owned repossessions is worked off, prices will not really go back up.The distress sales are dragging down appraisals, and, ... IN RECENT months several countries have experimented with measures to cool bubbly property markets. Yet since The Economist’s global round-up of housing markets was last published in April, house-price inflation has accelerated in some of the very countries where the authorities have intervened to slow its rise. Asia has been at the forefront of such interventions. [...] If you've got a mortgage of $1 million or above, you're significantly more likely to be delinquent with payments compared to homeowners under the $1 million mortgage mark. Why are the wealthy falling behind or walking away from their mortgages? “The rich are different: they are more ruthless,” says one economist who helped compiled the [...] » Speculation in the real estate market has generated such a high rate of housing vacancy that it could lead to social disorder and financial problems, an economist with the Chinese Academy of Social Sciences says. The government, meanwhile, crosses its fingers.

Next Page →