CNN/Money 
Your Money > Your Home
graphic

What's next for real estate
Hot home prices have some asking if real estate is headed for a fall. Here's why the answer is no.
February 18, 2004: 4:01 PM EST
By Jon Birger, MONEY Magazine

NEW YORK (MONEY Magazine) - Worried about a housing bubble in your hometown? Well, just think how Los Angelenos must feel. Los Angeles and its environs are coming off back-to-back years of 20 to 30 percent increases in home prices.

Related articles
graphic
MONEY's Best Places to Live 2003
What is your home worth?
Betting on the house

Of course, one man's windfall is another's red flag. These days, there's no shortage of economists and housing analysts who see the hyperactive markets in L.A., New York City and other East and West Coast cities as sure signs that the irrational exuberance that once afflicted stocks has now permeated the market for single-family homes.

Throw in the possibility of higher interest rates, and the real estate market could be in trouble.

Continued for AOL members and MONEY magazine subscribers. Click here to read the rest of the story.  Top of page




  More on YOUR HOME
Your Home: Bracing for higher rates
Refinancing demand lags again
A rose is (not) a rose
  TODAY'S TOP STORIES
7 things to know before the bell
SoftBank and Toyota want driverless cars to change the world
Aston Martin falls 5% in its London IPO




graphic graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.