Are We In A Housing Bubble?
In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”
Bottom Line
Thinking about buying but hesitant due to current market conditions? The Brooke Marie Collective team doesn’t wait for inventory to hit. We work diligently to address each buyer’s specific needs and establish a plan to find off-market properties for them. Today’s housing market is healthy, and rising prices are driven by real buyer demand. If you’re interested in learning more, contact the Brooke Marie Collective team today. Allow us to navigate the energetic market with you.
