Michael Eagar | Internet Entrepreneur

A lot of people have talked about the possible pop of the real estate bubble especially with the Large Housing Market Supply. BusinessWeek talked about this in the Feb 6, 2006 edition. Here are some take-aways:

- Fannie Mae reports vacancy rates are at its highest levels
- homes up for sale are up more than 20% than a year ago
- Analysts think home sales could post the biggest decline since 1991 (6.3%)

This could drive the jobless rate up mainly for the construction market!