Hi jfel – Homes are definitely expensive but they really don’t compare to the mid-2000s bubble, and I don’t think there is anywhere near the risk of buying as there was back then.
There’s more in this article (from last year but the situation hasn’t changed a whole lot since then)…
… including the state of valuations and what those valuations imply about the future. Hopefully something in there of interest to you. You mentioned that some of the articles are too nerdy for you but if you have specific questions, post them here and I can try to clarify.
