I have to agree with you here. To say that they are down is purposely ignoring why they were so high. Clinton posting budget suprluses is a terrible, terrible thing & should not be commended. It contributed to the economic downturn. Maybe in some markets, but overall there is no real estate bubble - atleast not one that is going to burst. By the way, I love Hovnanian (HOV), a home builder, stock as a 5 to 10 year investment... haha, not ended, but won't be in the press perhaps. I don't know if the Dems will get it under control, but Bush certainly didn't.