“HOUSING BUBBLES”
The term housing bubble is often heard in real estate circles. Housing bubbles begin with a jump in housing demand despite a limited amount of inventory. The demand further increases when speculators enter the market, marking the bubble bigger as they snap up investment properties and fixer- uppers to flip, leaving a depleted market. As a result, prices rise. Housing bubbles have a direct impact on the real estate industry. Demand is caused by several factors such as low interest rates, easy access to credit, a rise in economic activity, and increased prosperity, all of which tend to feed off one another. Housing bubbles burst when excessive risk-taking becomes pervasive and housing prices no longer reflect anything close to what they should.
Whether you are buying or selling, we are the real estate professionals you’ll want to guide you to a successful conclusion. The rigorous training, years of experience, and love of what we do make us eminently qualified to lead you through the realities of real estate transactions. Because of our contacts and access to numerous tools for finding the solution you’re hoping for, we can make the process easy for you. All it takes is a call our office to set up an appointment. We look forward to hearing from you.
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