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A Housing Bubble is typically characterized by significant spike in home prices that is not related to other economic fluctuations or fundamentals. The median price of a home has topped $350,000 nationally. With numbers like that, it’s hard to believe this isn’t a housing bubble, but real estate analysts agree it’s not. Here’s what’s really going on.
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A Housing Bubble is typically characterized by significant spike in home prices that is not related to other economic fluctuations or fundamentals. The median price of a home has topped $350,000 nationally. With numbers like that, it’s hard to believe this isn’t a housing bubble, but real estate analysts agree it’s not. Here’s what’s really going on.
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