Is This a New Housing Bubble?

Yet another danger ahead.

1. Bubblicious

I saw this line in the WSJ yesterday and it scared the living crap out of me:

“There are more real-estate agents than homes for sale in the U.S.”

That’s not, like, a traditional measure of health in the housing sector. You don’t see HUD releasing quarterly reports on the REA/HfS ratio.

But it probably means something?

Every economic bubble is …