Sean Feeney
Architect of the digital age

The Housing Bubble is Back

22 June 2010

3 bed/2.5 bath/1,842 sqft/54 year old home in Cincinnati’s College Hill Neighborhood going for $199k
3 bed/4.0 bath/2,913 sqft/50 year old home in the same neighborhood for $296k
3 bed/3.0 bath/2,200 sqft/54 year old home in Wyoming, OH for $340k
3 bed/2.0 bath/1,515 sqft/55 year old home in Wyoming, OH for $195k

These homes are not worth their listing prices. What should we do about it? Are the new mortgage lending laws strong enough to prevent another collapse if these homes sell anywhere near their listing prices?

Posted in Bad Business Practices, Homesteading, politics

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