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.

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.

A HousingPANIC question for Nicholas Retsinas, Kendra Todd, Greg Swann, David Lereah, Lawrence Yun, Ben Bernanke and every realtor in America

Will you simply admit now that you got it wrong and apologize?

HousingPANIC Stupid Question of the Day

Will history see the dot-com and dot-condo bubbles as one and the same?