BURSTING THE BUBBLE???

I uncovered a few facts that shed more light on our poufy Real Estate bubble:
Independant contractors all: There are now more than 2.6 million Real Estate licensees in the U.S., according to figures from the Association of Real Estate Law Officials
Call it a NonPayment: The average down payment on a home was just 2% of the home’s purchase price in 2005, and 43% of first time home buyers in 2005 used no down payment at all to help purchase their home! That was up significantly from 2003 where 28% of first time home buyers used no down payment at all…..(Source: National Association of Realtors)