Real Estate Bubble Signs

For those who were waiting for the real estate bubble to pop, the time has come. I recently glanced at some home listings from one ZIP code in San Jose, California. The listings told it all.

  • Short Sale Subject to Lender’s Approval
  • This is a short sale.
  • Price and commission are subject to lenders approval.
  • To be sold as is.
  • This is a short sale listing.
  • Probable short sale.
  • Price just reduced.
  • Short sale price.
  • Terms and commissions are subject to lenders approval.
  • Bank owned home.
  • Short sale approved.
  • REO/Bank owned.
  • Terrific bank owned home.
  • Bank owned REO property sold as is
  • Bank owned oportunity.
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