Home prices take a breather
Reply
OK, can't exactly call it a warning, nor is President Obama suddenly turned into a housing bear.
But the president certainly alluded to the potential of a new bubble in his big housing speech Tuesday.Yes, I know, all the housing market cheerleaders keep telling us there is no bubble, that things have changed, that the market will even out, even magically correct itself.
Yet just because all those nasty subprime mortgages are a thing of the past doesn't mean we are somehow immune from another housing bubble.
We are seeing the housing market heat up far too quickly, driven by the Fed's campaign Continue reading >>>