Update: As a loyal reader points out in the comments, Kendra Todd is an idiot. To quote Kendra from September 26, 2006:
You can't go anywhere without hearing people talk about "the real estate bubble." Such talk drives me to distraction, and I'll tell you why. It's because there is no real estate bubble. Bubbles are for bathtubs. Despite a thousand articles in Sunday newspaper real estate sections, the bubble is a myth.