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Daily News, Los Angeles, real estate column.

Knight Ridder/Tribune Business News

| January 29, 2005 | COPYRIGHT 1999 Knight-Ridder/Tribune Business News. (Hide copyright information)Copyright

By Gregory J. Wilcox, Daily News, Los Angeles Knight Ridder/Tribune Business News

Jan. 29--IT'S NOT A BUBBLE, JUST A SLOW LEAK: Looks like we can lock the real estate bubble-bursting scenario away in the attic with its economic hobgoblin cousins, at least for a while.

One thing is certain, though. The residential real estate market of the foreseeable future will be similar in many respects, and different, from today's.

That seems to be the consensus of a flurry of market reports, forecasts and analysis that arrived throughout last week.

The best news for current owners is that the price bubble probably won't be bursting. It came …

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