Hat tip: Calculated Risk. Original source.
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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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- Irvine Housing Blog
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- Patrick.net (San Francisco)
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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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2009
(395)
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June
(40)
- S&P/Case-Shiller: DC home prices up in April
- Leading Economic Index graph
- Dilbert on the housing bust
- U.S. homeownership rate graph
- REDC runs wrong advertisement
- In Support of Auditing the Federal Reserve
- Imitation is the sincerest form of flattery
- Housing decline likely causing lasting structural ...
- Harvard on housing
- MBA lowers mortgage expectations
- Real housing prices vs. the unemployment rate
- When will housing prices bottom?
- New blog comment policy
- Using Google Maps Street View to Visualize a Block...
- Where Housing Will Be in 2012
- California's coastal immunozones no longer immune
- Flashback 2002: "Alan Greenspan needs to create a ...
- We Bought a Townhouse
- Robert Shiller on commercial real estate
- Cool maps
- Housing starts up 17% month-over-month, but...
- U.S. home prices not so overvalued anymore?
- Recession not hurting D.C. metro area
- Senator again pushing for $15,000 tax credit to bu...
- Unending budget deficits
- Bond yields predict economic recovery
- Why home prices change so slowly
- BubbleSpehere Roundup
- Tim Geithner can't sell his house for more than it...
- An alternative look at monthly job losses
- Recession expected to end by Q4 2009
- Job losses slowing
- Closing Costs for Retards
- More blogs
- Foreclosure modification plans still failing
- Jim Cramer says what?
- Mortgage rates spiked last week
- Why homeowners default on their mortgages
- Q1 foreclosure starts reached a new high
- The current recession in context
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June
(40)
Very funny. Thanks James.
ReplyDeleteI am seeing realtors' putting fake assessment values on detached homes in Reston. There are three in 20194 near the north point with misleading '09 assessment values. All are in the 500K to 700K range.
ReplyDeleteIt is easy to sit here and poke fun at these people who bought at the peak, but they are in a real pickle right now with no easy way out.
ReplyDelete"It is easy to sit here and poke fun at these people who bought at the peak"
ReplyDeleteIt SURE IS! LOL
I cant wait for the prices to crash here in Montgomery County. Ive always wanted a home, but Im not stupid enough to buy at these prices, much less the bubble peak prices!