Housing Prices Haven’t Peaked in Most Markets; Affordability Still High

What’s the Worry? Housing Bubble Concerns Unjustified in Current Recovery

Only a few days into the New Year and already we’re hearing worries about a bubble in the recovering U.S. residential housing market. It seems that some analysts can’t go one year without an overhanging fear of catastrophe.

While most cities are seeing continual, albeit slow growth in housing prices, recently several cities across the country have seen housing prices climb back to reach all-time highs, which sparked the latest round of concerns.

However, according to Don Frommeyer, president of The National Association of Mortgage Brokers (NAMB), the cities with peaking housing prices seem to be the exceptions across the country.

 

 Read more by clicking here.

 

 

Please contact us  to help you sell your home and find the home of your dreams!  We specialize in Laguna Beach, Newport Beach, Dana Point, San Clemente and our inland coastal communities.

Make it a great day!

Jeff

evo logo with white boarder

Leave a Reply

Your email address will not be published. Required fields are marked *