30
Jul

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

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Category : Real Estate Trends

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