This is another really good blog that I follow. It shows how the inventory levels of homes on the market keeps climbing, climbing, climbing... we are headed for a serious bust by this summer as inventories reach record levels in the bubbliest areas of the country. And interest rates will keep climbing. Can you say "FORECLOSURE"?
Look at Phoenix, phew!!! Over 30k listings!
http://bubbletracking.blogspot.com/
marc