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This Isn't a Bubble
April 23, 2021 at 9:10am | Bob Myers
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.
Today's housing market is healthy, and rising prices are driven by real buyer demand. Contact us to learn the best ways to navigate such an energetic market.
Please consider The Myers Team your resource for all things real estate. We have over 32 years of real estate experience, specializing in (but not limited to) the Montgomery County area. If you are refinancing, want a recommendation, need a service provider or just have a home related question, please give me a call at 301-910-9910 or email me at firstname.lastname@example.org.