More Housing Crash News

housing-grash

As if we needed more data. I can look down the street and see houses that have been on the market for months - some for a year now. A friend of mine is trying to sell his house for $700K! The realtor had the balls to list it at $750 - My friendly promptly squashed the idea and now they're sitting at $700.

Anyway, this guy - patrick.net has a great article (very thorough and one of the best I've seen) providing more evidence of a 'housing crash'.

posted by author @ 6:04 PM,

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    Is there a Housing Bubble? Is Real Estate still a safe investment?
    I don't have these answers, but I do have a whole lot of evidence that realtors are resorting to 'unusual' tactics to drum up business.

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