Real Estate Bubble - Fall 2003

 Across the country, real estate has been the shining light in an otherwise lackluster economy.  Historically low interest rates have created buying opportunities where none existed, and all market sectors are experiencing new highs in sales prices and activity. Many tenants are now buyers—creating demand and increasing prices to record levels reminiscent of the tech stock bubble.  As long as interest rates remain low and stable the bubble should not deflate.