Tag: housing bubble

12
Nov

The Hidden Indicator Warning that we’re in a Housing Bubble

Like the legendary Yogi Berra once said, it’s déjà vu all over again. Flash back to 2005. I was leaving the house of a friend I was staying with in the tony town of Healdsburg, California. As I walked out the door, two young women dressed to the nines approached me.
“That’s a nice house,” one said. Before I had a chance to say it wasn’t mine, the other chimed in with, “If you’re ever looking to sell, let us know – we have a lot of buyers waiting for homes like this.”