Tag Archives: bubble

What the housing bubble looked like up close and personal

I thought it would be interesting to look at the sale prices of condos in the condo complex where we rent in Downey, CA. The graph speaks for itself. Prices in Southern California were completely out of touch with reality. … Continue reading

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Did things get as bad as I thought?

Back in August of 2007 I wrote this post, Someone forgot to refill the Real Estate ATM, and predicted that we would see a continued drop in prices, foreclosures would go up and so on. What I didn’t see coming … Continue reading

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Shared: Analyst sees ‘ghost town’ in Inland Empire

Shared from Google Reader: Analyst sees ‘ghost town’ in Inland Empire

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Housing Bubble On 60 Minutes

This is some the best mainstream media Housing Bubble coverage I’ve seen and it spells things out pretty clearly. If you aren’t sure what exactly is going on this is a pretty good 15 minute overview of the current situation. … Continue reading

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The Downey Housing Bubble

Dr. Housing Bubble featured Downey this week in an edition of Real Homes of Genius that shows just how screwed up things are in housing right now. I couldn’t buy a house even if I wanted to and it’s not … Continue reading

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