Do New Home Values Suggest New Housing Bubble Forming?

By
Real Estate Agent with Joe Manausa Real Estate 8508880888

Existing and new home values are drawing closer together and they haven't been this close in the past twelve years. In fact, it appears as if we'll see the relationship between the two get back to pre-bubble levels. So, does that suggest that a new housing bubble is forming? Watch this video to the end and you'll know exactly what is happening.

New Home Values Moving Towards Housing Bubble Formation?

 

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917

Comments (5)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Joe -  the great demand has to get the builders going again so that supply will grow.  Certainly not a bubble.

Oct 05, 2021 10:10 AM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Agreed (I hope on supply) and for sure on the bubble (for now). Thanks Grant.

Oct 05, 2021 10:27 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

I've been concerned about the lack of housing inventory for quite some time.  The pandemic supply line on building materials hasn't helped.  We need to find a way to get builders building again, to help with housing inventory.

Oct 05, 2021 05:14 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

CONGRATULATIONS Joe, on having this blog FEATURED in the Old Farts Club group!  

Oct 05, 2021 05:14 PM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Amen to restoring construction rates Myrl (and thanks for the OFC Feature!)

Oct 06, 2021 02:36 AM