Housing: The “Euphoria Express” and More Euphoria

By Edward Harrison On Oct 12, 2009

Here is some anecdotal evidence of the return of euphoria in housing via Jim the Realtor. Check out these videos of Carlsbad (North County section of San Diego) and the surrounding community to see what I mean – many but not all of these are going for well over list price. All of these are foreclosure sales.

It looks like we may just have hit bottom on the lower end. Will it trickle up? We’ll see.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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