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Are We In A Housing Bubble?

Are we in a housing bubble and is it about to burst? What even causes a bubble? It’s when a sell off starts to occur and investors frantically unload their position causing the asset prices to drop dramatically. But we’re talking about people’s homes, not stocks. According to mortgage lending stats Zillow stats, 37% of American households currently on mortgage free Additionally the average amount of home equity in the u.s. is at a record high of $185,000 and were seeing record lows of supply across the country as well if we look specifically at the Hudson Valley housing market we’ve seen appreciation in 27 of the past 30 years. So what do you think?

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I write often to give you the latest insights on owning a home or property in the local area.

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