Tag Archives: bubble

How to lose $620,000 in 5 years

Posted on October 30, 2010 by Andrew

It’s really simple, just buy this place in the middle of a massive cheap money binge: 10085 Lesterford Ave Downey, CA 90240 Date Event Price Source Oct 27, 2010 Listed $350,000 MRMLS #M10113549 Aug 27, 2010 Sold (Public Records)  This … Continue reading →

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What the housing bubble looked like up close and personal

Posted on November 5, 2009 by Andrew

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?

Posted on January 8, 2009 by Andrew

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

Posted on July 8, 2008 by Andrew

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

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Housing Bubble On 60 Minutes

Posted on February 4, 2008 by Andrew

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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