Is It a Bubble or a Big Bell

After 6 years of rising prices and demand, is this market on thin ice? Do you wonder if we're headed for another bubble? We've seen year after year of decreasing number of homes for sale while demand and prices increase! Here’s what you should expect in 2018.

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I get asked the same question all the time: “What’s going on with the market right now?” "Why are prices still going up?" and "why are there still no houses for sale?". They are valid questions! After several years of a strong upward market, many people are getting nervous that a bubble is about to burst.

There are many reasons why this is not a bubble. I'll explain that what we're experiencing is not like any other 7 - 10 year cycle of the past 60 or 70 years. There are just too many fundamentals powering this steadily rising market.

Over my next few videos, I’ll be offering even more numbers and information that prove that we’re not heading for a bubble in this market. For right now, rent remains high,and getting higher, interest rates remain low, great homes in good neighborhoods that are priced right sell in less than a week... and I don’t envision any big change coming anytime soon.

For my full breakdown of the market, watch the video above. If you have any other questions, comments, or of you just want say hi- please give me a call, text or send me an email. 916-316-3810 or forth@thehoytgroup.com

I look forward to hearing from you!