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- Interview.

Publication: Finance Wire

Publication Date: 23-MAR-05
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COPYRIGHT 2005 FDCH e-media

Original Source: CNBC/DOW JONES BUSINESS VIDEO

LIZ CLAMAN, CNBC ANCHOR: How might rising interest rates affect the housing market and what about the bubble everybody talks about? Joining us now -- the perfect person to be here is Jim Gillespie, CEO of Coldwell Bankers Real Estate. Good to see you.

JIM GILLESPIE, CEO, COLDWELL BANKER: Thanks, Liz.

CLAMAN: Existing home sales numbers look good.

GILLESPIE: Powerful again, for umpteenth month in a row -- 6.79 million annualized, absolutely incredible. In fact, if we keep the same pace that we`ve seen in January and February, we are going to break a record for the 5th year in a row.

CLAMAN: Bubble or not?

GILLESPIE: No bubble....

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