Buggy

realty market? If so, has it burst? A real estate "Bubble" is the state in which home prices are highly inflated, and is characterised by a high proportion of investors buyers with the intent to "flip" thier invetments in a short time. This causes homes to spiral out of reach to many buyers.

Jinx U

I talked to a co-worker's husband who happens to be a real estate agent at the recent company holiday party. In short, his answer was yes, there is a bubble and that the market really is cooling considerably.

VaTreasures

I think the rapid appreciation has come to an end. I think most people agree on this. I personally think it will be followed with a period of low to no housing appreciation. I think there may be some actually price decreases in the outer suburbs and the condo market. I think houses and townhouses are probably a little safer.