Experts debate real estate bubble, or lack of one

Are housing prices going to drop in Los Angeles, Southern California, or anywhere in the rest of the nation? Well, that really depends on whom you ask.

Some experts think there is a bubble nationwide, some just in certain markets, particularly coastal markets, and still others think this new market is the new reality of American real estate according to an article on CNNMoney, Will housing prices pop?

There simply is no consensus. About the only thing most analysts can agree upon is the idea that the market is slowing and that double digit appreciation gains are going to be less common.

Beyond that it's anybody's guess and is really a question to be asked almost on a neighborhood-by-neighborhood basis - increasing the importance of a good real estate agent.

Click here to have a real estate agent, specializing in your neighborhood, contact you.