Healthy housing market gains are historically driven by increasing employment and income, not by lack of supply; the latter leads to price bubbles.
http://www.cnbc.com/id/100397644
__________________
Healthy housing market gains are historically driven by increasing employment and income, not by lack of supply; the latter leads to price bubbles.
http://www.cnbc.com/id/100397644
in my area, houses that go on the market these days are being snatched up with multiple offers... not a lot of inventory available; low supply and high demand.... here we go again?
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...