Housing price bubble chatter has increased this summer, as market observers attempt to predict the next residential real estate shift. It it too early to predict a change from higher prices and lower inventory, but the common markers that caused the last housing cooldown are present.
Housing starts are down, but that is more reflective of low supply than anything else. With a growing economy, solid lending practices and the potential for improved inventory from new listing and building activity, market balance is more likely than a bubble.
Market Overview Charts for All Properties
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