Back in late 2009, I did a post on what I felt was a bull trap in the housing market and advised buyers to wait until the bull trap had completed its cycle and look for the arrival of the… Read More ›
bull trap
Housing Market Crash – Passing 2003 price levels on the way to 1999 pricing
Not one house over $750,000 was sold in July…or June…in the entire United States. And only 1,000 homes in the entire country above $500,000 were sold last month. The housing market has finally fallen through the ice. I did a… Read More ›
Housing Market Update – Fear Creeps In
The Main Stages in a Bubble graphic (below) has been around for a while, and in my opinion the rise in home prices recently has been a bull trap. I first discussed the possibility of a bull trap in this… Read More ›
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