San Diego Housing Bubble 2016 ?

San Diego Housing Bubble 2016

California Real Estate

Is there a San Diego housing bubble that’s going to burst sometime soon?

Usually it would be very rare on a real estate agents or real estate broker site that have a post about the possibility of another real estate bubble. But, with that said real estate brokers and real estate agents are not economist and basically we in a sales industry, where to be successful you must be optimistic. Now, there’s nothing wrong with being optimistic about your industry. The problem is when industry insiders become overly optimistic and operate with a set of blinders.

This is exactly what happened in the San Diego real estate bubble that started in 2005. I was lucky enough to be one of the very few San Diego real estate professionals who in the summer of 2005 wrote extensively about what I saw as an eminent San Diego real estate market crash. Read more