Dr. Housing Bubble tells the tumultuous story of one two bedroom 1 bath 825 square foot home in Santa Ana, California. The little house sold for $88,000 in 1988 and had skyrocketed in “value” all the way up to $505,000 when it was sold in 2006. The 90 year old house is current on the market for $177,495. [Dr. Housing Bubble]