Here's a line that's worth noting: Fed officials are counting on a slowing U.S. housing market to keep the economy from overheating -- and there have been numerous signs a long housing boom is simmering down. But as long as short-term-minded developers keep churning out hyper-expensive McMansions, prices will have to drop in the long run, because eventually, there will simply be too much inventory to make value of anything.
Tagged: Bubble
Housing Market: Crying Wolf
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- Housing Market: The Gathering of the Fed
- Friday Housing News: Riders On The Bubble
- Housing Market: Watching David Lereah
- Demand For Home Loans Drops 5.5%
- Stat Correlation Of The Day: GDP And New Housing Starts
- Buying and Selling: Housing Bubble Goes Mainstream
- Housing Market: Watching David Lereah
- Freddie Mac Sees A 'Cooling Market'
- Homeowners Are Strapped, Glued and Screwed
- Commentary: Stop Whining About The Media?s Housing Coverage