Housing Market Is Heating Up, if Not Yet Bubbling
Source: The New York Times
Renowned economist Robert Shiller (co-developer of the S.& P./Case-Shiller Index) writes in the New York Times that while we are not in a bubble now, there are troubling signs that we may be heading toward one. He notes the country could be lapsing into a bubble mentality— a self-reinforcing cycle of popular belief that prices can only go higher.
Read the full story:
http://www.nytimes.com/2013/09/29/business/housing-market-is-heating-up-if-not-yetbubbling.
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Housing Market Is Heating Up, if Not Yet Bubbling - Aguilera Real Estate Team Tracy California Real Estate
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