Are local housing markets recovering too quickly? | South Salem Homes

While housing bubble concerns are overblown, there are cities where the pace of recovery is perhaps too strong, given current market dynamics, CNBC reports.
The news publication is sounding the alarm on potential bubble territories:
“Nationwide, the housing market is not in a bubble. But there are probably some markets that are at risk for getting into bubble territory if they continue at the pace that they’re going,” said Daren Blomquist, vice president at RealtyTrac.
                    Source: CNBC



Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » Are local housing markets recovering too quickly? | South Salem Homes

Comments

Popular posts from this blog

Four Regional Banks Discuss Settlement Over Foreclosures | Waccabuc Real Estate

Bedford Corners Real Estate by Robert Paul | 3 Perks of Google+ for Doctors: Spend a Little Time, Make Big Online Marketing Gains