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Text message alerts: Prices falling!

Posted on July 23, 2008

I got this note today from a BW colleague who shall remain nameless:A few years ago, I ran into the real estate agent who sold me my apartment on the street. He was washing his Maeserati. I took that as a sign that I was living in a housing bubble. Now: a sign that the bubble is bursting....a service that tips off potential buyers to price cuts right on their cell phones...And here's the first bit of the press release he sent me:FOR IMMEDIATE RELEASENew Home Shoppers Offered Price Drop AlertsHome Builder Bargains Via Text MessageBEVERLY HILLS, Calif., July 23, 2008 -- Incentive Real Estate, In...

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housing , housing bubble , real estate