I have to agree with this part of ER’s post:
“Personally I think prices are coming up too far too fast. It’s simply not healthy. But with human nature, these people that have purchased (and used to read/post) might not even want to think about a potential crash coming.”:
“As reported by the NYT, a recent study has revealed a pattern of risky lending by the Federal Housing Administration that could trigger a spike in the agency’s foreclosure rates.”