We talked about this a couple of months ago, and Miami, San Diego, Phoenix, Vegas, LA and SF were all at the top of the list.
Knowing what you know today, what do you think is the biggest bubble market? As in, big rise followed by upcoming big decline?
Word from the street here is very good - so if you're actually from that market, let us know what you're seeing out there.
From my perch today in Phoenix, not only do I see the explosion in inventory, but I hear fear out there - fear on the part of potential new buyers that they'd be buying at the top, and fear from my contacts in the real estate industrial complex that the good times may be over.
January 12, 2006
Posted by blogger at 1/12/2006