Comments on: Housing Bubble, Schmousing Bubble

By: Financial experts « Silence is Foo

Financial experts « Silence is Foo — Wed, 14 Nov 2007 13:48:19 +0000

[...] Financial experts Every time I read an article like HSBC to Write Down Another 4.3 Billion I like to go back and read Housing Bubble, Schmousing Bubble. In the 5 weeks or so since the experts at Frontburner pronounced that the subprime crisis has peaked, major US banks have announced almost $50 billion in losses and writeoffs. [...]

By: Gwyon

Gwyon — Fri, 12 Oct 2007 15:47:03 +0000

Greenspan has been dead on so far. I see no reason to doubt him.

By: FrontBurner » Blog Archive » Home-Selling Slowdown Hits Homebuilders Hard

Fri, 12 Oct 2007 15:20:23 +0000

[...] Yes, the local housing market is still doing just fine. But a local homebuilder, Centex, is feeling the pain. Centex has $1 billion in expenses it needs to write down. Ouch. [...]

By: Larry

Larry — Mon, 08 Oct 2007 23:23:15 +0000

Not to be Debbie Downer or anything, but mine has been on the market since March. It’s in the Las Colinas area right around MacArthur and 635.

By: John

John — Mon, 08 Oct 2007 18:13:58 +0000

Thanks. One more question: What area of town. I have a home I am about to list in Grapevine and am concerned about the “bubble”. Your experience is reassuring. Thanks again.

By: treyg

treyg — Mon, 08 Oct 2007 17:59:53 +0000

Ours was above neighborhood comps, the one we bought was below.

By: treyg

treyg — Mon, 08 Oct 2007 17:58:07 +0000

Both went for asking price.

By: John

John — Mon, 08 Oct 2007 17:55:47 +0000

Care to share the two listings? Also, would you say that your old home sold for above/below/at average price? Did you purchase for above/below/at average price?