Hattip to John Fountain for alerting me to this.
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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
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The Bubble Meter Philosophy
The best way to get the housing market thriving again is to drop prices to the point where supply equals demand. Home sellers might not like it, but it's good for buyers and it's great for Realtors.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
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Bubble Meter Archive
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2007
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November
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- Mr. Yun's September 2005 Prediction is Way Off
- Lereah's Book. Haha
- Making Fun of Countrywide's Mozillo
- Lance from September 2006
- Case Shiller Index Way Down; Washington, DC Area ...
- Greenspan's Recent Statements on Housing & Asset B...
- Negative Sales in Las Vegas by Toll Brothers
- HapppyThanksgiving
- Lereah's Book in 2005
- Google Trends: "Foreclosure" in California
- California Prices Fall Significantly Year Over Year
- BubbleSphere Roundup
- Realtor's Convention in Vegas
- Washington - Baltimore , RE Sales Numbers. Octobe...
- Lawrence Yun Promoted to Chief Economist
- Bubble Sphere Roundup
- How Low Can They Go?
- Back to Comment Moderation
- Mica Lowers Price This Weekend
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November
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Hey I saw neighborhoods like that in Texas in the 80's
ReplyDeletePeople just packed up & left it to the Gangs & squatters
There were hundreds of places like this during the "oil patch" crash of the 80's
Just ask anyone who lived in Texas, Lousy-ana, Mississippi, Alabama and owned a home-
Bet they have a 15 or 20 year old Foreclosure on their Credit report!! Thousands of homeowners walked during that crash!!
I'm DYIN' OVA HERE!
ReplyDeleteROTFLMOA!
It's so true. I wish more people would realize that my market in Utah Is absolutely different from national areas and even Salt Lake City
ReplyDeleteI strongly believe that it is not plausible to paint Real Estate with a broad national brush. It’s all about being ‘local’.
ReplyDelete