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Frederick MD | Are Home Prices Approaching Bubble Territory?

By
Managing Real Estate Broker with Maxus Realty Group of Samson Properties Broker - Realtor - CEO

Frederick MD | Are Home Prices Approaching Bubble Territory?

 

Frederick MD Local Market Tidbits:

In order for us to provide comprehensive real-time market data and in-depth analysis for the benefit of all our clients, we use this blog to bring you our expertise and provide you with world class service

From an advisory point of view, our local knowledge will benefit you financially when buying a home through us.

From a valuation point of view,  our marketing expertise will augment the results you are looking for when selling a home.

Today I want to talk to you about Are Home Prices Approaching Bubble Territory?

 

As home values continue to rise, some are questioning whether we are approaching another housing bubble. Zillow just reported that:

 

“National home values have surpassed the peak hit during the housing bubble and are at their highest value in more than a decade.”

 

Though that statement is correct, we must realize that just catching prices of a decade ago does not mean we are at bubble numbers. Here is a graph of median prices as reported by the National Association of Realtors (NAR).

 

 

READ MORE: http://www.reallynicehomes.com/blog/frederick-md-are-home-prices-approaching-bubble-territory/


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