Kevin,
The Wall Street Journal says one has to be careful of any market that has a
large increase in a short period of time, but they are suggesting caution,
not a forecast of a bust.

Who are these Major Money Types and do you have a link to their predictions?
Do they own a "Desmo"?

--

Starbuck

.... Hard work never killed anybody, but why take a chance?
wrote in message
oups.com...

NOYB wrote:
"Shortwave Sportfishing" wrote in message
...
On Sun, 18 Sep 2005 17:42:30 GMT, "NOYB" wrote:

When home prices hit the outer stratosphere, the number of potential
buyers
admittedly shrinks. But the Naples luxury market is still in boom mode,
local agents say, despite forecasts of a housing bubble that some
predict
eventually must burst.

A slowdown?

You will get your turn and sooner than later.

It's already starting up here in NE.

I figure that once the NE slows, we'll soon follow. They'll be a
slowdown,
but never a correction. There are too many baby boomers looking to
retire
down here. The SW coast of Florida used to be mostly midwesterners. But
the housing prices in the midwest aren't keeping pace with the prices
down
here. So we're seeing more buyers from the NE, the West, and overseas.

Major money types are calling the Naples real estate market just what
it is, a mini-bubble, and it's going to burst.