Industry NewsMortgage

Real estate industry refutes housing bubble mania

Forecasts still call for banner year
Published on Jun 25, 2004

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by CareyBot

Pick up this week's New York Times or Wall Street Journal or flip on over to CNN and the cries of real estate bubble mania are loud and clear. The discussion comes in anticipation of next week's Fed meeting, which is widely expected to bring about a hike in interest rates.

The bubble frenzy may have gripped the media and everyday conversation, but the housing industry doesn't appear fazed by all the doomsday talk ...