Bubble

Though Scott doesn’t quite agree with the analysis, he passes along data that one local real estate person thinks may show the existence of a housing market bubble.

Well, there’s always a potential for a bubble when prices are soaring like they are now. The key, though, is the economy as a whole. If the economy were to suddenly nose dive, we’d be worried. But it’s not diving. So we’re not too worried.

Photo via WikipediaCommons.

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Updated: December 2017

 

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