It's Bubblicious

by Osman Parvez

No doubt, if you read this blog you may also be reading all sorts of information online. The housing bubble continues to be a hot topic in real estate, and many industry participants are finally acknowledging that certain markets (particularly in coastal metro areas) are overvalued.

As everyone knows, fear sells and the bubble blogs tend to draw tremendous traffic. They also usually have lots of ads and often move towards exaggeration and spectacle to draw visitors (like the tabloids).

The Bubble Blogs can be wildly entertaining, however if you are thinking about buying or selling here in Boulder or surrounding communities, I recommend getting the latest local market information. You can also check this blog for market statistics. Here are the last numbers I posted for homes in the City of Boulder Inventory.

On request, I can also provide an analysis for Broomfield, Lafayette, Louisville, Longmont, Erie, or Superior. If you're looking to understand the market within a price range similar to your home's value, contact me. I strongly recommend a full opinion of value prior to listing your home for sale.

The last few days, I've been actively commenting on a one particular bubble blog (usually when I saw extreme examples of fear mongering and bias).

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.