I have to admit, I’ve been enjoying watching the housing bubble burst. There are lots of great stories, from crazy Realtors on crack to strawberry pickers earning $15,000/year who bought $720,000 homes. These make for quite the entertaining read. But what’s next?
The housing bust is progressing quite nicely, and identical to what I predicted in [...]

It’s time for an update on the real estate bubble, which I have been watching since 2003. About a year ago, I laid out a timeline for the real estate boom. Knowing real estate happens in 16-year cycles, I juxtaposed the last boom/bust cycle in the early 90’s onto this cycle. Here’s what I came [...]

It’s almost time for the new year, and although I have several blog entries I’d like to write, I think it’s time to take a look back at the real estate industry, which I have been tracking as a hobby for 2 1/2 years now.
First of all, most of my predicted bubble headlines for [...]

Some are still commenting on my last post, “Erica predicts your news headlines for 2007.” The most common comment I’ve heard from homeowners is that they’re afraid I might be right, but they hope that I’m wrong.
Since hope is a very poor investment strategy, let me reiterate what is prudent if you are a homeowner:
1) [...]

It’s pretty interesting to me that the financial news sector has such a disconnect from the regular news sector. I read about many things in the financial news that most people have no clue about. These things will only make the regular news when they start to affect people, not just markets. Therefore, I’m stepping [...]