Are We in a Housing Bubble? Homebuyers Say Yes, Just Listed REALTORS Says No
Historically fast home-price growth has homebuyers and sellers worried the market has become detached from reality. Rising mortgage rates and buyers who can afford their homes are preventing a bubble...
What is a housing bubble?
A housing bubble is characterized by rapid unsustainable growth in home prices, eventually “bursting” when demand no longer supports the high home values, followed by sharp price declines. It’s typically caused by an influx of demand from homebuyers and real estate investors.
The housing market is much stronger than it was before and during the Great Recession. There’s a very low likelihood that home prices will go down anytime soon.
Just Listed REALTORS, real estate broker Steve Albin dives deep into the world of real estate, offering a fresh take on the latest housing news for homeowners, buyers, and daydreamers alike. While others focus on simply facilitating a transaction, we believe in delivering an extraordinary experience to our clients.