Bubble Basics

In the vast majority of the bubble markets, price appreciation is either negative or is basically at zero.

• Interest rates are rising
• ARMs are adjusting
• Property taxes are rising
• High winter heating costs are coming
• Housing inventory is building
• New bankruptcy laws have been implemented
• Increased minimium credit card payment are coming soon.
• Housing bubble awareness is increasing

The housing 'loud hiss' continues to loudly hiss. The RE cheerleaders are claiming that the slowdown is seasonal. They are wrong.