The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the
This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]
Dated: April 23 2021
Views: 718
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Some Highlights:
- 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.
Kimberlee Williams
As a Real Estate Agent, I am ready to provide the professional assistance and personal service you need. Real Estate is a complex business, but the process of buying or selling a home shouldn’t be. ....
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