|
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....
Read the full article for free courtesy of your local library.
|