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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.
My Other Blog
Housing Prices Since 1970
National Housing Sites
Regional Housing Sites
- Bay Area Real Estate Blog
- Boston Bubble
- Burbed (San Francisco)
- DC Home Prices
- Flippers in Trouble (Sacramento)
- Frankly Realty (Virginia)
- Greater Northern VA Housing Bubble Fallout
- Irvine Housing Blog
- New Jersey Real Estate Report
- Patrick.net (San Francisco)
- Portland Housing
- Proffesor Piggington (San Deigo)
- Sacramento Land(ing) Blog
- Seattle Bubble
- SoCal Real Estate Bubble Blog
- Socket Site (San Francisco)
- Vancouver Condo Info
Economic Sites
Iacono Research (ad)
It's just too easy to make predictions based on the entire country. There are certain pockets that are doing well, some not so. I've looked back at the predictions of a number of these guys, and they seem to be right about 50% of the time. Sort of like flipping a coin.
ReplyDeleteWell, after 3 years of saying ridiculous things like; oh, next year we'll see a turn around and recovery (since 2009) and every year since, these idiots are finally beginning to hedge on the more conservative side. If more listened to the likes of Case, Shiller, Roubini and Williams, there would be little conjecture and doubt.
ReplyDeleteThe RE industry is its own worst enemy. Poor research, poor analysis made by incompetent economists resulted in sub-par and false data. Plus, it's an business that relies nearly solely on sales. Of course they will cheerlead in any circumstance. That is why inside reports from the industry are laughable.
My latest artice.
http://commercialpropertymarket.wordpress.com/2012/01/05/the-shadow-knows/
Here in the Sacramento county area, our inventory has dropped every month for the last 13 months. Our inventory is very low now compared to 2006. You can find homes for sale in Sacramento at
ReplyDeletehttp://www.thesacramentohomes.com/