There is no bubble and there will be no crash...the fundamentals just don't support that theory. The sadists (have nots) rubbing their hands together hoping to see Armageddon will be sorely disappointed.  What we should see though is a slightly more balanced yet still upward trending market. A small dip for a few months is just what the doctor ordered and will pave the way for many more years of steadily increasing price growth.

If the housing bears want to celebrate a 3-6 month breather and claim victory after screaming "bubble" for 10 years so be it.