U.S. markets most, least vulnerable to another housing bubble, reports Redfin

12 Apr 2013
The overall U.S. housing market is hot, with buyers signing more aggressive loans, appraisals getting looser, almost every sale a bidding war, says Redfin. Part of what has so far prevented a bubble is that more than half of all homes are purchased with cash, and while home prices are rising they're not doing so faster than incomes. D.C., Los Angeles, San Diego and San Francisco are most

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Jim Townsend

Jim Townsend, editorial director and a principal of the AIM Group, is a career journalist, consultant and interactive media pioneer with more than 35 years of experience in news management. Townsend joined the AIM Group in 2001 as an analyst and consultant and became a part-owner in 2003. He is based in Houston. He leads a global team of analysts who report media industry trends in North and South America, Europe, India, Asia, Australia and other countries in the Pacific Rim.