What's Next for Real Estate? - 2005-05-27
This will go down in the annals of history as one of the hottest real-estate markets in memory.
From April 2004 to April 2005, home prices surged 15% nationwide, a gain not seen since 1980. In some local markets, especially Southern California and Florida, the gains exceeded 30%. A record number of existing homes changed hands, and builders are on track to put up more homes than ever before, some 1.3 million units.
Read the full story at Smartmoney.com