Signs the Housing Market is Cooling Off: Real Estate Bubble Watch

Some signs that the hot real estate housing market is cooling off. This is good news as this keeps a bubble from forming in housing and keeps the real estate market from crashing. Although there are less homes available, the number of price reductions have risen slightly and rising interest rates will dampen the number of buyers, allowing the real estate market to move back toward equilibrium.

There has been a growing speculation that the housing market is a bubble and the real estate market will crash. There is nothing right now except speculation and the leading indicators are that as long as inventory is low and foreclosures are low there won’t be enough inventory to cause demand to fall.

Todd Miller

Oana Sterlacci-Miller

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