Even the bubble bloggers acknowledge market strength

From the Santa Monica Distress Monitor: “I started this blog over 5 years ago. A lot has happened over the past 5 years but I am increasingly convinced that this blog and “bubble blogs” as a whole are largely irrelevant now. Yes there is still “uncertainty”, but there always is. The recovery may be choppy at times but I think it is pretty obvious that we are well into recovery territory. At this rate I won’t be surprised to see quality Westside properties at or very near all time highs over the next year or two.  Real estate is boring now, and that’s a good thing. But it also means less blogging. I’m not ready to pull the plug just yet, but from now through the end of the year I anticipate less posting.

Source: SM Distress Monitor

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