Marin Real Estate Bubble had April RE data for God's country (aka Marin County).
Check out this chart that shows what percentage of listed housing units that have reduced their asking price. Nice job Crash2006. Data was compiled from ZipRealty.
A 22 story condo tower is planned in the Phoenix metro area. It will be located right near a runway. This project is unlikely to fly.
Overpriced DC reports on about this brainiac who has this speculative idea of living of "that we could make a living by buying condos, living in them for two years, selling for a big profit and repeating. The appreciation would be more than we could make by working and the profits would be tax free. What could be better, right? The RE party is over. Time to take away the kool aid.
Episode 2 Not just the Bloggers anymore discusses the 'mainstreaming' of the housing bubble talk. Right on.
That is all folks.
Tuesday, May 16, 2006
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