Two Reasons Why Today’s Housing Market Isn’t a Bubble
Two Reasons Why Today’s Housing Market Isn’t a Bubble Monday June 27th, 2022 For Buyers , For Sellers , Housing Market Updates , Pricing You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble . The results indicate most experts don’t think that’s the case (see graph below) : As the graph shows, a strong majority (60%) said the real estate market is not currently in a bubble. In the same survey, experts give the following reasons why this isn’t like 2008: The recent growth in home prices is because of demographics and low inventory Credit risks are low because underwriting and lending standards are s...