There are some overheated areas but those are starting to sag – they almost had to. I don’t think that there’s a “big bubble” and real estate will never crash completely.
I think there will be a slow down in certain areas and that interest rates will climb later this year. However, during the Great Depression the greatest decline in real estate values in any one year was 11%. I’m sure Cash will agree with me since he apparently lived through that era. ;D ;D ;D ;D ;D ;D ;D