Archives: June 2005

Are Red Hot markets cooling?

Posted by: Dean Foust on June 30

On surface, the latest report on national home sales was good: While sales of existing homes sales slowed in May (7.13 million vs. 7.18 million in April), they were still...

Home prices outstripping income gains

Posted by: Dean Foust on June 30

The FDIC--the federal agency that regulates many banks--released a report on Tuesday that got scant attention but offers interesting insights as to whether we can sustain the kind of appreciation...

Neg Am Mortgages

Posted by: Peter Coy on June 30

Yale economist Robert "Irrational Exuberance" Shiller thinks the U.S. housing market is forming a giant, soapy bubble that's going to pop. It might seem strange, then, that Shiller said nice...

California Screamin'

Posted by: Chris Palmeri on June 30

The California Association of Realtors http://www.car.org put out its mid-year forecast this week. They figure the median home price will hit a record $523,150 in 2005, up 16% from 2004’s...

To sell or not to sell

Posted by: Amey Stone on June 29

This new real estate blog is debuting at a pivotal point in my personal homeownership history. After years of real estate-related angst -- Can a family of four live comfortably...

About

BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

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