Housing Bubble Potential

I came across this article and thought it would make an interesting read:

http://www.military.com/Careers/Content1?file=careersArticlesHousingBubble.htm&area=Reference&ESRC=careers.nl

Larry,

There sure isn’t any housing bubble ready to break in Arizona…They are breaking ground on tens of thousands of acres for new developments.

Existing home sales are down, which I relate to the fact a person can buy a new home for the price of an existing.

We receive many calls for final walk-though inspections to preview the pathetic construction craftsmanship.