real estate market bubble burst

When the Real Estate Bubble Bursts, It’s Going to Be Due to Lack of Resources

Some predict that a softening in the market has started and that we are sitting on the brink of another bubble burst. The slowing of real estate value appreciation and an increase in the marketing period to sale are just a couple of the tell-tale signs fueling the aforementioned predictions. I agree that a softening in the market may have begun, but it’s for very different reasons than the downturn that occurred 2008-2010. This time it is due to lack of resources required to maintain the velocity of the current market. The lack of two resources in particular: trades and financing.

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