From: "Don Johnson" 
Newsgroups: misc.invest.real-estate
Subject: The Real Estate Bubble is OverBlown Cool Your Jets!
Date: Fri, 03 Mar 2006 09:31:06 GMT

Sure real estate has risen in price like a rocket taking off in some areas 
of the continent. Other areas have had a slow methodical rise. Low interest 
rates and easy affordability drove the market. Zero / low down and interest 
only mortgages brought on another onslaught of buyers eager to push up 
prices on low supply of product. Now the developers are catching up as too 
many jumping in start to oversupply. Everyoun wants to be a developer! The 
pumpers and dumpers are starting to appear. Prices in overheated overpriced 
areas deserve to roll back. $600k for a 2 bedroom house or condo is TOO MUCH 
for anyone making $25 an hour!! Interest rates have slowly crept up...but 
not to 18% like last time. Be sure to watch the inventory numbers and days 
on market in your area. Real Estate is a supply and demand commodity. Prices 
in overheated areas are starting to self correct so be carefull or you will 
get burned. Comments???

http://www.RealEstatePays.com Real Estate Information
http://www.RentexHomes.com Post Free Real Estate Rental &for Sale Photo Ads 
North America
http://www.BuySellRentAds  Post Free Worldwide Photo Ads