“The Press Telegram. “Don’t try to tell Dick Gaylord it’s a down housing market, or that there’s a housing slump, and don’t dare mention the word ‘bubble.’”“The congenial Long Beach man, who will assume the role as the nation’s head Realtor next year, [my emphasis] will argue vehemently that the market ‘isn’t down but just returning to normal.’”
“‘I don’t know that there’s ever been a bad time to buy,’ Gaylord said. ‘If people will hold on, there’s no bad time to buy in real estate…..”
More at the Housing Bubble Blog.
[And after that, I have a little swampland in Georgia I’d like you to take a look at….]