how fragile is a real estate market where there is a development of 600-900k homes that sold out and now has 250 people on the waiting list? http://www.youtube.com/watch?v=0yeWknZm81k&feature=sub
Desirable homes in desirable areas will always move. I also agree that this housing doom and gloom is somewhat overrated. What would an increase in mortgage rates due to the housing market? Or actually asking for 20% down?