Is there a Housing Bubble?
After speaking with multiple clients lately, many keep asking if we believe we're in a housing bubble. The way the market bas been going lately, that feeling is understandable as home price appreciation is still in the double digits. However, this current market is considerably different than it was during the housing crash 15 years ago.
Here are four key reasons why today is nothing like the last time.
Hopefully these statistics we have shared will shed some light on the differences in the current housing market and the last housing market crash. This may also have given you a little bit of peace, there are no guarantees in life other that Death and Taxes, but armed with facts you can live in less fear and that may help avoid irrational decisions.
If you ever have any questions or want a current market analysis of your home don't hesitate to reach out. I'm always happy to answer any questions.