To make sure we provide information you are interested in, when you're interested in it, if there are stretches of
updates you don't open, we'll automatically decrease the frequency of the updates you receive. If you like the updates,
you just need to open them to keep receiving them.
You already have a saved search with that name. If you save, you will overwrite the existing saved search. Are you sure?
This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]
April 23, 2021 at 12:23pm | Nicole Bostrom Cogan
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. Let’s connect to talk about the best ways to navigate such an energetic market.