Sunday, April 23, 2006

Mention in the Washington Post

The Bubble Meter Blog was mentioned in a front page article in today's Washington Post. The article is titled 'Doors Close for Real Estate Speculators'. Kirsten Downey, the Washington Post reporter, did a phenomenal job reporting on the speculative episode that is occurring in the metro Washington, DC housing market. Read the article; not just because she mentioned my blog.
Some projects became particular investor magnets, and, more recently, the subject of real estate blogs criticizing speculative excesses. For example, the local Internet blog Bubble Meter focused last month on what it called "the bubblicious bench." At one recently completed condominium called the Halstead at Dunn Loring, a luxury condominium complex in Fairfax County, a park bench outside the building bristles with real estate agent lockboxes to permit vacant units to be shown to prospective buyers or renters. On a recent morning, there were 49 lockboxes there, outside a building that has about 200 units.
Thanks for the mention in the Washington Post. It feels great to be mentioned. :-)

Bubblicious Bench & Flippers (3/26/06)

Thanks to all the readers who informed and congratulated me on the Washington Post article. You all rock.

Bubble Meter will continue fighting the good fight!