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A Site Devoted to Super-High Priced Homes: These Are Signals to Sell, Fast, Before the Bubble Pops
Sadly, this site is no longer available. . . .
I'm now going to save you over $11 million.
I occasionally visit the America's Overvalued Real Estate blog site.
Go to this site. Look for the Malibu home that is for sale at $18,443 per square foot.
Here is one from my old home town.
Can you believe that?
I now realize that if my parents had kept their 900 square foot house, located two blocks from the ocean, it would probably be worth $2 million today.
The kind of madness that is revealed on this site is what we find at the tail end of a mania.
Obviously, there are many regions where the mania has not hit. I live in one of them. But for those of you in a mania region, I hope you get your homes on the market soon.
[Just for the record, every week I will either save you money or show you how make more money: in my half-page free report, Tip of the Week. It's basically free money in your mail box every Saturday morning. For a subscription, use the subscription box here: www.garynorth.com.]