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 ›
housing
Open Spaces Keep You Out Of A House
Open Space laws come in many shapes and sizes. They are sold by local governments to their citizens as the preservation of land for some purpose. Sometimes it’s to preserve the natural beauty of where they live or to protect… Read More ›
Resistance
I hate being an activist. I was perfectly happy being a business systems analyst and accountant. I had plans that I had to put on hold because of the economy. Since I tie the delay to my future happiness to… Read More ›
Why Home Prices Skyrocketed
The easiest way to explain why home prices skyrocketed so quickly is with a graph… I made it myself. I kinda like it. The 1 million figure is an arbitrary number I chose for this example, the actual number is… Read More ›
Foreclosures Up 23% – “Worst three months of all time.”
Continuing to put downward pressure on home prices are steadily increasing foreclosures, with no end in sight. As unemployment continues and loans continue to recast to higher interest rates, more homes will enter foreclosure further depressing prices. As these prices… Read More ›
