Was there ever a bubble in the Plano real estate market? For a long time now we have been hearing about a real estate bubble and the burst of that bubble. This bubble bursting theory in reaction to the substantial increases in real estate values in many areas around the county, has recently grown into almost full-blown “the sky is falling” paranoia, largely fed by the media. This thought of the “bursting” of the so-called“ real estate bubble” seems to be based on nothing more than the collective fear that real estate values throughout the country may, at any moment, fall off the cliff, so to speak. However, there seems to be no rationale or fact based reasoning that supports this fear; just that prices are too high and can’t go any higher.