EquityScout.com :: Real Estate Investment Blog

MONDAY, DECEMBER 04, 2006

I’m seeing rough waters on the horizon for some of the higher priced markets, but there are quite a few pundits out there predicting a full-on housing price Armageddon. Sell your house now. Stock up on spam, bottled water, and ammunition.

Check out a few of these blogs that take a national perspective in the impending collapse…

The Housing Bubble Published by Ben Jones from Arizona. Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.

Bubble Meter: A blog dedicated to the premise that there is a Housing Bubble in many locales in the USA. With a particular focus on the: When will it pop? I don't know much about the author, who identifies himself simply as "David from Maryland".

David Lereah Watch : This blog watches the comings and goings of David Lereah, the Chief Economist of the National Association of Realtors (NAR). Written by the Bubble Meter guy, above.

Probably the most mean-spirited of the blogs in this post; this blog takes NAR bashing to a new level. The author refers to Lereah as a "shill" (one of the milder descriptions of Lereah on the site). Strikes me as a bit unfair, however. Lereah works for the NAR - of course he's going to be talking up the market. He gets paid to support realtors, not to be objective. What do you expect the guy to do?

Patrick.net: Website proclaims itself as the “top ranked Google result for “housing crash” and “housing bubble” for 3 years running.

There’s a lot more out there – some of which take a more local approach (which, in my opinion, is more useful).

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posted by: Chris Smith

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