| Description |
xvi, 196 pages ; 23 cm |
| Contents |
The current housing bubble: cause and effect -- What is a housing bubble? -- Bubbles and booms -- Rolling booms -- Specific causes of the current housing boom -- Buyer's markets vs sellers' markets -- The American dream -- The Tax Relief Act of 1997 -- Accessible, low-barrier loan products -- Low interest rates and liquidity -- The under-performing stock market -- The McMansion: one effect of the housing boom -- Who's buying and who's selling? -- First-time home buyers and how they impact the market -- Dream homes -- The "real" first-home purchase -- Home-buyer demographics -- The specific generations -- Immigration and cultural diversity -- Discrimination in home ownership -- Real estate investors and second-home buyers -- "Flippers" and "speculators" -- Why and where do people buy homes? -- Choosing a home -- Quality of life -- Investment opportunities -- Where do people move? -- Criss-cross migration patterns -- City growth -- Housing characteristics -- Diversity in housing lifestyle -- The non-traditional buyer -- New home projections -- Busts---where, why, and when? -- Can a bust be defined? -- Stagnation or bust? -- Current risk factors that threaten the housing market -- Housing glut -- Overspending for homes -- High-risk loans -- Unemployment -- The bubble news stories -- Lack of affordability -- Foreclosures -- Mortgage fraud -- Debt addiction -- Additional risks -- National bubbles vs. metro bubbles -- The PMI quarterly risk index -- Valuation index -- Booms don't last forever -- But, booms don't always end in busts -- The bust to come -- Is the federal government trying to slow down housing? -- Rising interest rates -- Loss of homeowner tax benefits -- Housing price/earnings ratios (p/e) -- California dreamin -- Outmigration is greater than foreign immigration -- Viva Las Vegas -- After the boom, bubble, and bust -- Waiting out a buyer's market -- What home sellers can do -- What home buyers can do -- What better deal buyers can do -- The rental outlook -- Rental demographics -- Dwindling rental properties create opportunity -- Why housing will continue to grow -- Short-term predictions -- Make the current housing market (no matter the condition) work for you -- Pay attention to the news, but don't let the "bubbleistas" scare you -- Ways to prosper---buying and selling real estate -- A final word -- Appendix A: real estate language -- Appendix B: locating and understanding economic data -- Index -- About the author |
| Notes |
Includes index |
| Subject |
Real estate investment -- United States.
|
|
Residential real estate -- United States.
|
|
House buying -- United States.
|
|
House selling -- United States.
|
| LC no. |
2006015649 |
| ISBN |
0071475486 (paperback: alk. paper) |
|
9780071475488 (paperback: alk. paper) |
|
