This Isn’t a Bubble. It’s Simply Lack of Supply

Real Estate Agent with Smart Way America Realty AB067859


This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC] | MyKCM

Some Highlights

  • In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market.
  • When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”
  • Today’s housing market is healthy, and rising prices are driven by real buyer demand. Let’s connect to talk about the best ways to navigate such an energetic market.

Bottom Line

Contact Kris Collis now, your Trusted Pro in the Poconos. What best fits your financial goals right now - buy, sell, perhaps both?  With years of area knowledge and repeat clients from trusted service and personalized guidance each step of the way, we find the solution(s) that answer your needs. Your Home Sweet Home is waiting, whether for family, single or multi-generational, or your workplace, retirement or vacation needs. 

Courtesy: KCM

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Your Trusted Pro in the Poconos, Professional Results You Expect 

Kris Collis, Associate Broker

Smart Way America Realty

East Stroudsburg, PA 18301

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Comments (4)

Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

We're in a heap of trouble should this non-bubble burst!

Apr 24, 2021 12:02 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Apr 24, 2021 02:16 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy


That is one way to look at it.  It is what it is in my opinion.  Generalized labels are rarely accurate!  

Apr 24, 2021 10:00 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

I suspect we may continue to experience decreased inventory for awhile.  However, should lumber begin to come down from current outrageous cost, I suspect builders will begin to build once again, which will add to supply.  Also, should the Fed increase interest rates, that could also dampen exhuberance in the housing market.

Apr 25, 2021 02:31 AM