IF ONLY FACTS COULD PENETRATE THE KRUGBUBBLE:

Area home prices inch up (STEVE BROWN, 2/16/06, The Dallas Morning News)

What bubble?

Despite year-end gains, Realtors are predicting that home appreciation will slow dramatically this year.

Fourth-quarter comparisons show that the Dallas-Fort Worth area continues to trail the rest of the country in home price gains.

Prices in North Texas were up by just 6 percent at the end of 2005 – less than half the nationwide rate, the National Association of Realtors said Wednesday.

And the D-FW area had one of the weakest home price increases in the state.