Real Estate Bubble

[Painterguy1]

If not now then soon. I'm sure it's going to be very specific to the local areas. My brother-in-law just bought a house in the Wash D.C. area that was about to go into foreclosure for 429k. In June of 2005 they were selling for almost $1 million. Prices are coming back to a range that allows you to rent them out for break even or a small profit depending on how much you put down.

I'd personally like to see them overreact to the downside the way they did to the upside before I buy.