This is a chart of a typical bubble scenario: Main Stages In A Bubble I’ll give you no prizes for guessing where we are on the chart. I’m expecting house prices to head on downwards within the next couple of months as we have reached the ‘return to normal’ stage. Watch and learn. Share on [...]
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Read this article ‘Real Estate – the 800,000 pound deflationary gorilla‘. It sets out what is happening in the US property market. Conditions are deteriorating and forecast to continue deteriorating until 2011/12. Keep your hat on, its not over yet! Apparently Banks are now hiding foreclosures and refusing to list foreclosed homes on the market. [...]
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