10 Cities Facing the Next Real Estate Bust

This Barrons article seems to contradcit the one you posted:

Next Real Estate Shoe Is Not Dropping

Pundits were looking for commercial real estate to be the next big financial calamity. The stock market seems to thinks otherwise.

AS RECENTLY AS LAST MONTH, stories were being written about how the next shoe to drop on the economy would be in the commercial real estate sector. It did not take much of a Web search to find warnings going as far back as early 2008.

The talk was that hundreds of billions of dollars of commercial mortgages would default.

Yet, prices of commercial real estate investment trusts (REITs) have been soaring over the past few weeks and the technicals have not looked this good in a long time.

Mr. Market does not quite agree with the talking heads.

While the sector is quite overbought in the short-term based on traditional measures, long-term investors can finally feel better about adding them to the universe of potential purchases.

To be sure, a rising market tide does indeed raise most boats. The ones that do not rise, to continue the analogy, are leaky boats heading for further trouble. Commercial REITs not only rose but also outperformed the market the during the current summer rally.

http://online.barrons.com/article/SB124987654611518761.html?ru=yahoo

Another dumb article written by low-paid pundits.

*yawn*

wonderoy...ur like the black knight in monty pythons quest for the holy grail..
Its nothing but a flesh wound...
Ive cut ur bloody arm off
so..Ive got another
yawn

ah the black knight, poor little stubby man "....come back here so I can bite you!"

The_President, this article is talking about REIT stocks. It's completely different from the real estate market as REIT stocks has fallen way before (since Feb 2008)and much below S&P 500 last year to the point that it actully started to rise towards the end of 2008. The market had already priced in a devastating discount for these REITs last year. If the actual real estate market was to follow the REIT stocks it still needs to fall way waaaaaay more than where it is now. The REIT stocks has already priced in the worst. Actual real estate market, which is illiquid (compared to liquid stocks) has ways to go.