A look at the real estate market in northern New York and Vermont

Plattsburgh, NY – We've heard a lot lately about the so-called housing bubble and how the market may soon burst. But many in the real estate industry in northern New York and Vermont say there's no bubble in this region of the country, for several reasons. For one, both Vermont and the Adirondacks are highly regulated when it comes to development. Both are very desirable areas to own first, second and vacation homes. And that is keeping the market on an even keel, even while national analysts worry about a bursting real estate bubble. WAMC's North Country Bureau Chief Pat Bradley has more.