Is The Housing Market About To Burst?
The housing market isn’t what it used to be back in 2008. The housing market is moving again, and it's not about to burst anytime soon. That's the takeaway from recent data on home sales.
It's true that home prices in major cities have risen dramatically over the past few years, but this isn't a sign of weakness in real estate—it just means that people are willing to pay more for houses than they were before.
The current state of the markets shows that demand for housing is strong and that there's still plenty of room for growth in many areas. We're likely to continue seeing steady increases in home prices over the next few years as more people move from renting apartments and into homeownership.
This means it's safe to say that now's a good time to buy your dream home!