“Definition of economic bubble:  A market phenomenon characterized by surges in asset prices to levels significantly above the fundamental value of that asset.”  We are definitely in another housing bubble.  First, most Americans can’t afford to buy a home without utilizing artificially low interest rates and even then they are stretching their budgets like spandex.  … Continue reading The housing bubble is getting ready to implode: The scariest chart in real estate shows an impending correction because you can’t afford to buy a home today.