Having only been in real estate for one year, I am not highly qualified to give my opinion on whether or not we are in a housing bubble as some analysts have said. However, one of the people I look to for advice on anything financial is Warren Buffett who appears bullish on housing. There was an interesting story in the April 26 issue of Fortune on Mr. Buffett's thoughts.
It seems he doesn't feel housing is an undervalued asset, as he did in 2012, however, he also said he didn't feel housing prices were set to plunge. Good to know, Mr. Buffett. To read the entire article click here.