[MeneMeneTekelUpharsin]

The only thing holding up the real estate market right now is the fact that folks who lost a lot in the stock market have been shifting assets over into the housing market.

I would tend to agree that this is taking place. Also, lower interest rates. However, that too has to end sometime.

[meatloaf]

If the real estate prices don't undergo a correction soon you can bet they will as all the baby-boomers retire and head elsewhere. The point is to figure out where elsewhere is going to be.

I won't tell you guys sitting in mega-buck houses about the forty acres I bought for $5,000. Even if a bunch of terrorists got lost they wouldn't end up here.

[sneakypete]

Also, lower interest rates. However, that too has to end sometime.

It's going to end when Hussein sets fire to all of Iraq's oil wells,and the price of oil goes through the roof. Of course,those with a lot of oil company stock will be sitting in a pretty position as others go bankrupt. They will be able to buy property at half or less of what it would have cost.