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Real Estate Bubble Town Hall

Los Angeles real estate agents and Los Angeles real estate
Friday, April 08, 2005

Watched CNBC's town hall on the real estate bubble last night, and one thing is certain, nothing is really certain. For me the two things that really stock out were: 1.) The real estate bubble would probably be better described as a balloon that might lose a little air, and 2.) Creative, unscrupulous financing will continue to threaten the real estate boom and the entire U.S. economy.

Of course, an economic boom, particularly one with massive job creation, could change everything, yet no one really knows what that might mean for the 'bubble'. Be careful.

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