September 26, 2006
Is the Real Estate Market in Bubble Trouble?
You can't go anywhere without hearing people talk about "the real estate bubble." Such talk drives me to distraction, and I'll tell you why. It's because there is no real estate bubble. Bubbles are for bathtubs.
Despite a thousand articles in Sunday newspaper real estate sections, the bubble is a myth.
Talking about a bubble implies a sudden burst, and real estate does not work that way. You don't go to sleep one night with your house worth half a million dollars and wake up to find it's lost half its value.
April 07, 2008
Hi, I'm Kendra Todd. I'm a REALTOR. And I said perhaps the single stupidest thing ever said about the housing market before it tanked.
Posted by blogger at 4/07/2008