Housing Bubble?

Posted by Krista on July 30th, 2004

Freddie Mac may say there’s no housing bubble, but the folks over at Fool.com aren’t buying it. They refer to a recent New York Times article where 2 Goldman Sachs analysts caution that home prices are now overvalued on average by 10%. And if interest rates rise just 1%, that percentage will increase to 15%.

Anyway, the Fool.com article lists Freddie Mac’s reasons why it doesn’t believe there is a housing bubble and Fool contributor Salim Haji’s response.

» Read Article: Fool.com: Freddie Mac: No Housing Bubble [Commentary] July 30, 2004

» Read Article: Gretchen Morgenson: Housing Bust: It Won’t Be Pretty

Bookmark it for Later or Share it With Your Friends... These icons link to social bookmarking sites where readers can share and discover new web pages.