Most Economists say there is no Housing Bubble, but do YOU have a plan?

Below is a quote from an online article by Professional Builder Magazine. While this is interesting the real issue here is:

What lessons did you learn from the recession?

What IF the economy takes a downturn or what if in your marketplace home sales tails off again?

Are you prepared, do you have a plan ?

“Prices keep rising, but according to David Blitzer, managing director and chairman of the Index Committee for S&P Dow Jones Indices, “There is no bubble to be anxious about.”

Blitzer isn’t alone. According to NAR Chief Economist Lawrence Yun, it isn’t a bubble that he worries about with the price increases, but that the lack of affordability may decrease demand.

This month marks the 35^th consecutive month of a climb in home prices, based on the S&P/Case-Shiller Home Price Index released Tuesday, The Wall Street Journal reports.” (Professional Builder Online)

The full Wall Street Journal article is at:

http://blogs.wsj.com/economics/2015/05/26/housing-bubble-despite-rising-prices-most-economists-still-say-no/?mod=WSJBlog