"A Crash Is Merely A Paper Loss": CNN
CNN Money is working overtime to assuage fears of a housing bust. "Don't panic just yet, though. Any pop is unlikely to be nearly as severe as what can happen in the stock market. Local markets can drop 10 to 20 percent, but that's about as bad as it usually gets."
"And a crash is merely a paper loss as long as you don't need to move. Meanwhile, you get a roof over your head and, with a little luck, nice neighbors and good public schools too."
The table at the bottom of the page records just how much some areas are up the past five years.