gamestop: Are We in a Real Estate Bubble? Prices on the Rise Few Homes For Sale - 02/06/21 09:17 PM
​​Dear Friends, Family & Present and Past Clients,
It has been quite a while since our last Newsletter due to the uncertainty we have been facing due to rising prices and Covid-19 concerns.  A bubble can burst instantaneously once prices surpass value.  This is evident in the stock market with what happened last week with Gamestop.  However when it comes to home values the value is based upon the prices that a willing seller and able buyer agree upon.  The value has nothing to do with real value, just perceived value.  There are too few homes for sale for the amount of … (4 comments)

 
Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo (Summit Real Estate Group)

Tony Lewis

Summit Real Estate Group Valencia & Aliso Viejo

Valencia, CA

More about me…

Summit Real Estate Group

Address: 27720 Dickason Drive, Valencia, Ca., 91355

Office: (661) 510-7975

Mobile: (661) 510-7975

Real Estate in my opinion. The idea of this blog is to communicate the current state of real estate and home sales and listing information as it relates to residents of Valencia, Stevenson Ranch, Saugus, Castaic, Newhall, Canyon Country, the Santa Clarita Valley and Santa Clarita, California. This information will help people in Los Angeles, Los Angeles County and the state of California to see how homes and real estate is progressing in one of Southern California's premier communities!


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