Hot, Hot, Hot: the market continues to sizzle. A bubble isn't likely in most places in...

Just six years ago, it seemed like every investor was buying technology stocks. Heavy demand drove shares of some dot-com companies into the stratosphere. But as reality set in with the new millennium, the bubble burst and share prices plummeted.

Since then, residential real estate--especially in Florida--has replaced the stock market as the favorite "get-rich-quick" investment strategy for many Americans. As a result, many new condominium developments in markets like Miami, Fort Lauderdale, West Palm Beach and Orlando report long lines of buyers when their sales offic