Housing Bubble Song
Nice song. Easy listening, unless you are a f*cked borrower!
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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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Housing Prices Since 1970
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When will inflation-adjusted DC-area housing prices return to pre-bubble levels?
Are housing prices about to experience a double-dip?
How should the U.S. government balance the budget? (Check all that apply.)
What is your political affiliation?
What sparked the housing bubble?
Is the recession over?
Who bears responsibility for the housing bubble? (Check all that apply.)
What is your living situation?
Was subprime lending a cause or an effect of the housing bubble?
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Bubble Meter Archive
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2008
(518)
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January
(14)
- CountryWide CEO Mozilo's Lie
- Case Shiller Index Way Down; Washington, DC Area D...
- House Sales Dive
- 60 Minutes: House of Cards
- BubbleSphere Roundup
- Housing Bubble Song
- Lawrence Yun Spouts More Nonsense in Denver
- Your Turn: How Much Have Prices Fallen in the DC A...
- BubbleSphere Roundup
- Foreclosure Rate by County
- Part of Sculpture at Realtors' Washington, DC Office
- Washington - Baltimore , RE Sales Numbers. Decemb...
- Lawrence 'paid spinner' Yun
- 2009 Predictions
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▼
January
(14)
La la la!
ReplyDeleteGlad I sold "when it went fer double!"
Ain't no trouble now :)
kj- i'm assuming you've heard about the bubble convention in Vegas in July that HP is organizing. are you going or what?
ReplyDeleteCNN Money is reporting CNNMoney an interesting story on how WaMu and other large lending institutions used their clout to pressure property appraisers to improperly inflate the value of a property in order to get more money from the loans they were writing. The song is right on the money.
ReplyDelete- Open House
Housing prices to free fall in 2008 - Merrill
ReplyDeleteAccording to a Merrill Lynch report, home prices will drop 15 percent this year, and declines will continue in 2009.
http://money.cnn.com/2008/01/23/real_estate/merrill_forecast/index.htm?postversion=2008012313
I feel that the Florida market will experience a rebound in the months to come.
ReplyDeleteWith the voters approving the new tax relief amendment, there will be an increase in the home sales market and a rise in prices. The increase in the homestead exemption and homeowners being able to take their tax base with them will spur the resale market. This will save them hundreds of dollars monthly. With low interest rates, lower property taxes, the tax portability afforded by the new law and lower prices, there has never been a better time to buy.
For South Florida Homes Visit South Florida rentals and home sales