Housing Price Reductions
This site at www.theburstingbubble.com will track the number of house price reductions on craigslist.com. It should be interesting to watch over the next few months.
A chronicle of the collapse of the Jersey Shore real estate market, and elsewhere.
6 Comments:
Wow you would never find this information offered by the real estate industry.
What a bunch of crooks!
remember internet analyst of 1999-2000 the same stuff applies here, but much worse.
The housing crash is approaching.
LOL!
Many of the newby agents will be in bread lines.
Mtg tax deductions going to be reduced.
Another bad one bubbleheads.
LOL!
TIMBERRRRRRRRRRRRR!!!!!!!
I see more signs up and more reductions. Down it goes.
TC
Spoke to friend who is a realtor. Said things just died in last several weeks (Morris Cty). First time he ever admitted to me that he is worried about a few of the house/condos he is trying to flip.
Well, it's not a one way street and I did have hear him boasting for the last year about his successes all the while I had to bite my lip sitting there thinking the market is completely bonkers.
TC
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