Tag Archives: housing bubble

Another “Housing Bubble”? – Don’t Bet On It!

Are we or are we not in a housing bubble, and how exactly does this affect Danville and the surrounding areas? Experts can’t seem to agree on that one. According to Housingwire.com, a panel of esteemed housing experts at the ABS East 2013 conference in Miami on October 7th disagreed with Robert Shiller’s recent call

THIS IS NOT YOUR FATHER’S HOUSING BUBBLE

Home values have been increasing in some markets so rapidly, recently, that some have speculated that we are creating another “housing bubble”.  Economists say this is not the case.  The cause of rapidly increasing home selling prices, and multiple offers with selling prices going considerably over asking, is inventory related.  The inventory of homes for