Cabin Branch Clarksburg MD | A Housing Bubble? Industry Experts Say NO!

If you are looking to buy a home in Cabin Branch Clarksburg. As a real estate agent, I want to be prepared to ensure that you are given the best buying experience with knowledge and expertise to guide you along the way. One of the methods I use is to research the current inventory almost on a daily basis, I want to know where are the best deals for my clients when it comes to purchasing a brand new home in the Cabin Branch area. 

Today, I would like to talk to you about A Housing Bubble? Industry Experts Say NO!

With residential home prices continuing to appreciate at levels above historic norms, some are questioning if we are heading toward another housing bubble (and subsequent burst) like the one we experienced in 2006-2008. 

Recently, five housing experts weighed in on the question.

Rick Sharga, Executive VP at Ten-X:

“We’re definitely not in a bubble.” 

“We have a handful of markets that are frothy and probably have hit an affordability wall of sorts but…while prices nominally have surpassed the 2006 peak, we’re not talking about 2006 dollars.”

Christopher Thornberg, Partner at Beacon Economics: 

“There is no direct or indirect sign of any kind of bubble.” 

“Steady as she goes. Prices continue to rise. Sales roughly flat.…Overall this market is in an almost boring place.”

READ MORE: http://www.reallynicehomes.com/blog/cabin-branch-clarksburg-md-housing-bubble-industry-experts-say-no/


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