Apparently people in the greater San Francisco area are more worried about a housing bubble than anyone else in the country—by a pretty wide margin—and Californians in general are the by far the most worried about their precious bubble being burst.
- Santa Clara, CA
- Pleasanton, CA
- San Jose, CA
- Rancho Santa Margarita, CA
- San Diego, CA
- San Francisco, CA
- Irvine, CA
- Reston, VA
- Washington, DC
- Sacramento, CA
Thursday, May 11, 2006
Bay Areans Scared of the Housing Bubble?
The most excellent Seattle Bubble blog was apparently playing around with Google's new Google Trends functionality. That blogger searched on "housing bubble" and the top 10 cities searching on that search phrase came up like so:
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4 comments:
It could also be that a lot of us in San Francisco who would like to own homes are priced out and disgusted by the bubble.
And we are waiting, and hoping, for a pop, so we can put down roots in a *reasonable* way when the market drops..
*Hopeful,* not *worried* bubble watching, that's what I'm doing.
I want to buy, just not now, not at these prices.
Why aren't Las Vegas or Miami on that list? Does that imply that they will get completely blindsided?
Maybe a lot of the people in Marin speculating are speculating not just in Marin but also in these other places...Las Vegas, Sacramento, FLA, etc. If so, a pop there could hurt here.
Please don't forget that Rancho Santa Margarita and Irvine are OC. We haven't even started the fear yet because we have Gary Watts. Just wait until we show a yoy loss.
Panic Buttons All Around!
well it certainly doesn't surprise me that Sonoma County isn't on that list. LOL... Sonoma County doesn't believe in the bubble and they certainly don't care enough to seek information online... or anywhere but their local real estate or mortgage broker's office.
My bet are the other glaring absences have similar information avoidance patterns.
:-)
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