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  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: "homestead AT lists.ibiblio.org" <homestead AT lists.ibiblio.org>
  • Subject: [Homestead] Housing bubble fizzle
  • Date: Thu, 20 Jul 2006 19:09:40 -0500

I know this will disappoint some, but this is what the Fed chief said about the state of national real estate prices:

"In other matters, Bernanke, at the House hearing:

_Observed that the once high-flying housing market appears to be experiencing a safe landing. "The downturn in the housing market so far appears to be orderly," he said."

http://www.washingtonpost.com/wp-dyn/content/article/2006/07/20/AR2006072000783_2.html






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