{"id":2356,"date":"2007-12-12T11:41:39","date_gmt":"2007-12-12T18:41:39","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=2356"},"modified":"2007-12-12T11:45:11","modified_gmt":"2007-12-12T18:45:11","slug":"they-were-wrong-about-the-bubble-and-theyre-wrong-about-this-too","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2356\/they-were-wrong-about-the-bubble-and-theyre-wrong-about-this-too\/","title":{"rendered":"They Were Wrong About The Bubble And They&#8217;re Wrong About This, Too"},"content":{"rendered":"<p>In 2002, Business Week talked about &#8220;<a href=\"http:\/\/www.mywire.com\/pubs\/BusinessWeek\/2002\/08\/12\/25118?extID=10051\">Real Estate&#8217;s Bubble Cities<\/a>&#8220;.  <\/p>\n<p><a href=\"http:\/\/online.barrons.com\/article\/SB1028755830489080040.html?mod=googlebarrons\">Barron&#8217;s<\/a> said it&#8217;s a better time to be &#8220;a seller rather than a buyer&#8221;.<\/p>\n<p>But, 2002 wasn&#8217;t the bursting of a bubble.  Prices didn&#8217;t start to fall until three years had passed from those piece&#8217;s respective publication dates.  And when they did, prices fell for reasons not even named in the articles.<\/p>\n<p>Being right isn&#8217;t what earns a person credibility &#8212; it&#8217;s about being right at the right <em>time <\/em>and for the right <em>reasons<\/em>.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2002, Business Week talked about &#8220;Real Estate&#8217;s Bubble Cities&#8220;. Barron&#8217;s said it&#8217;s a better time to be &#8220;a seller rather than a buyer&#8221;. But, 2002 wasn&#8217;t the bursting of a bubble. Prices didn&#8217;t start to fall until three years had passed from those piece&#8217;s respective publication dates. And when they did, prices fell for [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[],"class_list":{"0":"post-2356","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-lending","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":507,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/507\/arizona-economy-get-over-housing-bubble-economists-say-growth-remains-strong\/","url_meta":{"origin":2356,"position":0},"title":"Arizona economy: &#8220;Get over housing bubble, economists say, growth remains strong&#8221;","author":"Greg Swann","date":"October 4, 2006","format":false,"excerpt":"I won't have September's numbers until tomorrow, but the news is not good for bubbleheads -- which is to say that the news is not bad for everyone else. Meanwhile, there's this from The Business Journal of Phoenix:Some of Arizona's leading economists believe the housing slowdown is a short-lived bump\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9169,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9169\/just-had-to-share-this\/","url_meta":{"origin":2356,"position":1},"title":"Just had to share this&#8230;.","author":"John Rowles","date":"July 15, 2009","format":false,"excerpt":"I was doing some research today and came across an article on Realtor.org from 12-01-2006 about The Top 25 Most Influential Thought Leaders in Real Estate. After a list of 25\u00a0 builders of the status quo, they had a runner-up list of 15. Robert Schiller made that list, here is\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18710,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18710\/2023-housing-bubble-or-2024-real-estate-boom\/","url_meta":{"origin":2356,"position":2},"title":"2023 Housing Bubble or 2024 Real Estate Boom?","author":"Brian Brady","date":"May 15, 2022","format":false,"excerpt":"Zillow \"creates\" digital home valuations and The Fed \"creates\" digital currency so it's not like we are dealing with credible institutions BUT: The Dallas Fed is worried that housing is overvalued. Our evidence points to abnormal U.S. housing market behavior for the first time since the boom of the early\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16346,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16346\/zero-hedge-presenting-the-housing-bubble-2-0\/","url_meta":{"origin":2356,"position":3},"title":"Zero Hedge: &#8220;Presenting: The Housing Bubble 2.0&#8221;","author":"Greg Swann","date":"April 30, 2013","format":false,"excerpt":"Tyler Durden:It was just seven short years ago that the prices at the epicenter of the housing bubble, Los Angeles, CA rose by 50% every six months as the nation experienced its first parabolic move higher in home prices courtesy of Alan Greenspan's disastrous policies: a time when everyone knew\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1962,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1962\/is-greenspan-to-blame-for-the-housing-crisis-and-if-he-is-is-this-entirely-a-bad-thing\/","url_meta":{"origin":2356,"position":4},"title":"Is Greenspan to Blame for the Housing Crisis? And, if he is, is this entirely a bad thing?","author":"Greg Swann","date":"September 23, 2007","format":false,"excerpt":"The second half of a US News dyscomium on Alan Greenspan's Fed:The global spread of capitalism has increased inflation-dampening competition throughout the world and allowed investors to accept lower yields when investing in bonds. What's more, globalization has boosted incomes, in Asia and beyond. That has expanded the pool of\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10351,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10351\/another-25-ouch-thats-going-to-leave-a-mark\/","url_meta":{"origin":2356,"position":5},"title":"Another 25%?   Ouch, that&#8217;s going to leave a mark&#8230;..","author":"Tom Vanderwell","date":"November 19, 2009","format":false,"excerpt":"Okay, a couple of things that this chart assumes:That from 1975 to 1999 was \"normal\" enough to indicate a statistical trend.\u00a0\u00a0 I think the case could be made that it was.That we're going to eventually get back to that trend line.\u00a0\u00a0\u00a0 I think a case could be made that we\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=2356"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2356\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=2356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=2356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=2356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}