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[Getting Graphic] Speculators Moving To Greener Pastures

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).

Click here for full graphic [latimes.com] [1] and the associated article : Housing Speculators Relocate to Hotter Spots [LA Times] [2]

Too much speculative activity from investors hoping to turn a quick profit is perhaps the biggest sign that a market — whether real estate or stocks or any other asset — is in an overpriced “bubble” condition, economists say. Too many speculators drive prices too high, and when they sense that the market is topping, they tend to sell all at once, sending prices into a free fall.

Source: latimes.com