This Isn't a Bubble. It's Simply lack of Supply.

Some Highlights

• In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market.

• When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”

• Today’s housing market is healthy, and rising prices are driven by real buyer demand. Contact a local real estate professional to learn the best ways to navigate such an energetic market.

https://www.keepingcurrentmatters.com/2021/04/23/this-isnt-a-bubble-its-simply-lack-of-supply-infographic/