Real Estate Mania Makes a Comeback

Real Estate Mania Makes a Comeback 
Home bidding wars in Washington D.C.
By Elliott Wave International

In most parts of the country, residential real estate prices remain well below their peak highs. Yet the resurgent bidding wars in some markets suggest that the lesson about bubbles remains unlearned. Will these new, highest-bidder home buyers have the price rug pulled out from under them in the same way buyers did in the mid-2000s? Read more.