Patrick is a fellow who is tracking the housing market with an almost religious zeal. He's basically a real estate news aggregator and boy does he find the good stuff. He collects all of his findings here. I'd skip most of the stuff at the top since it makes Patrick seem like he's a little off kilter and just head to the bottom of the page where he links to the real estate stories of the day that relate to the housing bubble. Anyway, I hope the bubble pops and pops with such zeal it takes down most of the lame as mortgage brokers who got us in this predicament anyway with their neg-am and interest-only loans that they tout as good long term solutions to everyone.

When the bubble pops hopefully I can pick up a place on Santana Row or (preferably and) a house in a decent neighborhood. What sparked my real estate interest yet again? Hongyun and I headed over to Scott and Leo's new place in the city to check it out. The place itself was very cool...a 3/2 TIC. We liked the immensly high ceilings, the flood of light in the living room, the ultra new kitchen, and the hardwood floors. The cons were the location...right next door to a 24/7 MickeyD's in a sort of ghetto-y part of town. The good thing is that it wasn't that bad, but the McDonald's next door must suck, especially in the middle of the night.

Anyway, Scott had mentioned to me that there the chinks in the real estate market's armor were finally starting to show and other places have started seeing signs of the bottom falling out. I'm not sure it's actually happening here, but hey, one can only hope.