Are we experiencing a housing bubble? Overpriced houses? A lot of speculation. I think so. I think this craziness has to stop sometime — especially in the NJ area. That’s what I think. See what Celia Chen, from Economy.com, has to say about the housing bubble in this article, U.S. Bubble Trouble. She does not say the bubble will burst, but she sees the housing market cooling considerably if the rates move up to 7%. Also, she explains the effects of the bubble actually bursting. Very good article.
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please inform me with your info, as i am writing a paper on the possible effects that may be potentially financially full of extra-ordinary trouble to come. Thank you, Tom Wilson @ Safety Harbor, Florida. 34695
Hope to see some info shared with me in the morning. By all means, ask questions and maybe I can be of assistance also, thanks again Tom