Katie DochenPosted Apr 26, 2021
This Isn’t a Bubble. It’s Simply Lack of Supply.
Practical guidance for Austin homeowners, buyers, and neighbors.
Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this…
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Some Highlights
- In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market.
- When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”
- Today’s housing market is healthy, and rising prices are driven by real buyer demand.
- Let’s connect to talk about the best ways to navigate such an energetic market.
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