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Real Estate Bubble Versus Internet Bubble

Is it good to compare the real estate bubble to the Internet bubble?

Thursday, April 07, 2005

Is it fair to compare the real estate bubble to the Internet bubble?

That really depends on who you ask.

While there might be a real estate bulge, a bubble along the lines of the stock market bubble seems excessive. CEO Robert Freedman of GVA Williams, a commercial real estate firm, basically told CNBC this morning that comparing real estate to the Internet is like comparing apples to potatoes.

Anyway, CNBC is doing a real estate bubble "Town Hall" at 8 and 11 EST. With experts covering most perspectives it should be very informative. Moreover, as Williams also told CNBC, stay focused on the fundamentals and be watchful of rate spikes, which will cause asset values to drop.

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If you seek to purchase a home, or to sell a home, in the greater Los Angeles or Southern California area, you are in the right place. We work with Los Angeles real estate agents, as well as agencies covering most of Southern California. 

Perhaps, you would like to take the equity from your home and move into a bigger home? Or perhaps you would like to utilize your home equity to make a life change.

Many of today's real estate agents have become greedy, as the Los Angeles area real estate market has bubbled.

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