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A growing number of affluent Americans are worried that there is a real estate bubble brewing, according to a study conducted for the McDonald Financial Group, a subsidiary of KeyCorp here.
When asked if they believed real estate was overvalued, approximately half the respondents said there is a real estate bubble, up from 43% in the October 2003 survey.
This is an 18 percentage point increase since July 2003 and the highest level recorded by the McDonald Financial Group Affluent Consumer Confidence Index since January 2003, when also ...
Source: HighBeam Research, OwnersWorry About Bubble.( real estate bubble brewing)(Brief Article)