Mini Bubble News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SHANGHAI -- Share prices on the Beijing Stock Exchange have seen a sharp run-up this month, even as the Shanghai and Shenzhen markets continue to lang

Realtors say we're in something they call this mini bubble. so i think they mean that absolutely the prices could come back again. for now, things are so hot because there are so few houses out there, but they're saying even -- once people figure out they'll get a pretty good amount of money for their homes, they're going to start listing. you'll get more supply and prices will level. so they're not seeing a crash again. they're saying things are going to level out a little bit more as the market continues to heal. they just think it's been so bad, that we can't fall back that much further. >>...

That way forever? is now a good time to buy. >> that's a great question, now is a good time to buy, if you have the income and planning on staying at home for a long period of time. and fixed 15-year or 30-year mortgage rates. if you're looking to flip the house and adjustable rate mortgage you should take a step back and take a look at home prices versus incomes in the area because the truth of the matter is you might see home prices down the road come off a little bit. because there's a little bit of a mini bubble in certain markets because we have low inventory levels and the price are kind...

It solid? >> i will tell you, the realtors here say we're in something they call this mini bubble. so i think they mean that absolutely the prices could come back again. for now, things are so hot because there are so few houses out there, but they're saying even -- once people figure out they'll get a pretty good amount of money for their homes, they're going to start listing. you'll get more supply and prices will level. they're not seeing a crash again. they're saying things are going to level out a little bit more as the market continues to heal. they think it's been so bad that we can't f...

One of america's top housing guys calling it a new mini bubble. one the government is creating with bailouts and tax credits to spur the buying. even worse, there's a 50% chance it will blow up in our face again. toby, what do you say about that? >> well, it's a fact. as a matter of fact, you know, if the federal government's giving 90% the home mortgages out the last 18 months which is true and number two the cash for clunkers, except it's cash for clunker for a house, that he have' created the market and when that goes away real key manned will find itself and it ain't this level and would i...