From: "SeekerOfTruth" 
Newsgroups: alt.invest.real-estate
Subject: Re: real estate bubble
Date: Thu, 12 Aug 2004 13:53:56 GMT

It's too localized to make a generic statement.  My own opinion is that
certain markets are overpriced and bound to flatten if not decline.  For
example, where I live in North Carolina, housing prices seem unreasonably
high and a lot of people are mortgaged to the hilt.  Seems like that all has
to deflate sometime.  Jobs, interest rates, changing preferences for locales
and climates, etc. will all have different impacts on different parts of the
country.

"Oradba Linux"  wrote in message
news:NW6Rc.218371$a24.96654@attbi_s03...
> Are we  currently in a real estate bubble ? Is it looking likely to burst
or
> leak slowly especially after the dismal jobs report ?
> I am just trying to see what other people thinking about the real estate
> market . I agree you cannot predict the
> market but just trying to figure out what the popular opinion. With the
> houses selling like hot cakes in the northeast area , i guess
> the popular opinion is buy now .
>
>