Housing Bubble Blogs Have Influence

The Bubble Meter Blog uses StatCounter to track site statistics. I have the upgraded account which costs 9$ a month. It logs the stats for the last 1,000 visitors to the site.

StatCounter has a neat feature that tracks which ISPs ( Internet Service Providers) the reader came from. Most of them are the major internet providers like Verizon, Comcast, US West Internet Services which don't tell you much. However, some ISPs where visitors came are trackable to the organization level.

Among the ISPS that readers come from:

• Major Media ( Washington Post, NYTimes, CBS News)
  
• Federal Reserve Board ( maybe even Greenspan is reading? lol. Doubt it)
• Securities Exchange Commission
• World Bank, IMF Major Accounting Firms
• Internal Revenue Service
• US Dept Of Justice
• U.S. House Of Representative, U.S. Senate
• Real Estate Companies
• Mortgage Companies ( Premier Mortgage Funding. Priority One Lending Inc
• Fannie Mae
• Home Builders ( Pulte Home, another company even posted a link to this site on their intranet)

Some of the visitors from the above organizations were indeed reading the blog for their own enjoyment or personal research. However, surely some of these visitors from these organizations were visiting for work related purposes. The media and others are watching these housing blogs. We must continue to spread the speculative reality of the situation.

"enhanced skepticism that resolutely associates too evident optimism with probable foolishness" - John Glabraith, A Short History of Financial Euphoria

Prices in the bubble markets have NOT reached a "permanently high plateau."