Saturday, February 12, 2005

Housing Bubblett?

The economics department of National City Corp provides an interesting view of the U.S. real estate market.

"A study of the top 99 U.S. real estate markets announced today by the economics department of National City Corp. finds housing "bubblettes" in one-fifth of the U.S. housing stock, labeled as areas with home premiums in excess of 20 percent, a metric that may indicate future price corrections."

To read more about this, go here.

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