We've been discussing accidental landlords for a couple of years. Here is another article about homeowners becoming landlords out of necessity, from the WSJ: The Reluctant Landlords With housing prices still in the dumps, many Americans are finding themselves in the uncomfortable position of ... Read more

The housing bubble is unwinding like many asset bubbles before it. Understanding and recognizing these stages will help you better time your home purchase; Timing Does Matter . Asking Price: $439,000 Address: 83 Vermillion Irvine, CA 92603 Change chang ... Read the full post ... Read more

Bailouts are rescuing the irresponsible at the expense of the prudent, or so we all believe. But didn’t the prudent benefit from the Great Housing Bubble as well? Asking Price: $654,000 Address: 34 Blazing Star, Irvine, CA 92604 Glenn Beck on the H ... Read the full post ... Read more

Nothing too exciting happened in the latest release of the Case-Shiller San Diego home price index. Unless the lack of a noticeable decline qualifies as exciting. Which I suppose it kind of does, given the context. The aggregate price index for San Diego County declined a mere .1 percent between ... Read more

S&P/Case-Shiller released their monthly Home Price Indices for April this morning. This monthly data includes prices for 20 individual cities, and two composite indices (10 cities and 20 cities). Note: This is not the quarterly national index. Click on graph for larger image in new ... ... Read more

Any increase in pricing brings delusional sellers out of hiding. They put their properties on the market at WTF price levels and hope to hit the lottery. Asking P rice: $1,149,000 Address: 12 Inglenook, Irvine, CA 92602 Every time I try to walk awa ... Read the full post ... Read more

Note earlier house price posts: Case-Shiller: Prices Fall Sharply in March and Case-Shiller: House Prices Tracking More Adverse Scenario Here are three key measures of house prices: Price-to-Rent, Price-to-Income and real prices based on the Case-Shiller quarterly national home price index. ... Read more

Many people seem to think the housing market will recover when the economy does. The economy is not the cause of problems in the housing market, and economic recovery will not save the housing market. The rollbacks keep getting going further back in time. We are now seeing rollbacks of 2003 prices ... Read more