Great selection for a reblog, Ray. People read headlines and spout off comments like "we're in a housing bubble" without understanding what they are talking about. I suspect many don't even know what a housing bubble entails.
Raymond Henson, SRES, GRI
Elk Grove, CA
Hi Will Hamm, thank you very much and enjoy the weekend!
Thank you, Nina Hollander. It is a real mark of bubbles that few see them ahead of time. It is hard to think we are in a bubble situation with so many home owners enjoying such high levels of equity.
Nina Hollander
Charlotte, NC
Raymond, I missed Lise's original post, but great statements. I try and listen to our local economists to see if they can see anything on the horizon.
Raymond Henson, SRES, GRI
Elk Grove, CA
Raymond,
Nice selection for a re-blog. I do not watch the news, and mostly read the headlines. And I do not make predictions of this kind. A
Raymond Henson, SRES, GRI
Elk Grove, CA
Good afternoon Raymond Henson, SRES, GRI ,
What a great post to re-blogg with much food for thought. Our market is over the top strong and listen closly to our local economists who have a pulse on our what is transpiring.
Raymond Henson, SRES, GRI
Elk Grove, CA
Hi Ron and Alexandra Seigel, thank you and I have also cut back on my news watching. I am not a big fan of predictions either. I am a fan of diversification. I would not have predicted such a strong stock market over the past 12 months, but I am glad I have been a part of it.
Thank you, Dorie Dillard Austin TX. It will be interesting to see where the real estate market is at the end of this year. I thought we were strong last year and did not think the market could get stronger. I was wrong.
I agree with you 100%. When Lise Howe talks, we will be listening, Brian England, kind of like when E.F. Hutton talks,
Brian England
Gilbert, AZ
I recently wrote something on this very topic because the media keeps talking about the 'bubble!' THERE IS NO BUBBLE! I just want to scream that to them every time I hear or read that, Raymond!
Great one for a re-blog.
Raymond Henson, SRES, GRI
Elk Grove, CA
Raymond, although we do have extremely low inventory, and abundant buyers, I don't see this happening anytime in the near future.
Raymond Henson, SRES, GRI
Elk Grove, CA
I agee with you 100% Debe Maxwell, CRS. I did call my lender to discuss a loan and it seems interest rates are rising. Maybe that will led to a more even market.
Hi Joan Cox, I agree with you!
Joan Cox
Denver, CO
3,701,313
Hello Raymond, this is a great re-blog that everyone should see and think about. Make it a great day!
Raymond Henson, SRES, GRI
Elk Grove, CA