Monday, September 12, 2005

CBS News | Housing Bubble Is A Local Matter

CBS News | Housing Bubble Is A Local Matter | September 12, 2005 07:28:08: "While the prices of homes continue to rise, so too does concern that there's a housing bubble about to burst.

With record sales of homes reported, and a surge in median home prices of 12.5 percent vs. prices at this time last year, paying attention to national reports would leave little indication of a future that includes a decline in house prices. "
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