I knew the day would eventually come. The day when the housing bubble bloggers started to close up shop, either because their predictions had largely played out (Sacramento Landing), or because their aspirations for home ownership had finally been achieved (Bubble Market Inventory Tracking).
Our family owes an immense debt of gratitude to these bloggers for the countless hours they spent providing us with informative insights and data. Without them, we quite possibly would have committed financial suicide. (The same model home we are under contract for was sold for up to 25% more in the last 3 years.)
I imagine a year or so from now, there won't be much left of this community, as many will have finally purchased their dream home. It will be a bitter sweet goodbye, as my hope for affordable housing will have been realized for much of this generation, and hopefully those to follow.
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2 comments:
Your site has keep me sane and focused on the fundamentals, much appreciated.
Although you are in the process of purchasing a home I hope you continue to post your learnings. We still have a lot to learn and discuss.
Also, I don't think Bubble Market Inventory Tracker (OCRenter) shut down his site because of a home purchase - it was related to safety concerns for his family.
http://piggington.com/bmit
Wow, that's kind of scary about ocrenter. I think the bubble bloggers, including BT and Lander, are a very brave lot. I remember that BT was threatened with a lawsuit at one time. Real estate is the most expensive purchase most people make and there are entrenched interests all around trying to protect their piece of the pie. Thanks to all the bubble bloggers!
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