Originally Posted by lil_1_2002
The housing market is a lil excessive right now, but it had been down for about 10 yrs and it was just waiting for a grouth spur. Now when the bubble bursts house prices are gonna drop, but they wont drop as much as they have gone up. If ur in the business of real estate this is good overall.
yea i would say prolly in the range of 2-4 years mayb when these interest only mortgages have the principle payments kick in, there will be a big sell off of property. that might be a likely point when this bubble bursts, i dont know but sounds like a reasonable time.
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