Is There a Real Estate Bubble?
You, like many others, may be ready to take the next step in real estate but are concerned about the possibility of a “bubble." In fact, over the last few months we’ve seen a resurgence of the use of the word “bubble” in regard to the hot market in 2020, and a concern that it will lead to a burst in 2021.
However, real estate experts both in the U.S. and abroad are cautiously optimistic concerning the future of the real estate market. They believe the activity of the white-hot 2020 market has not inflated the "bubble" and it is nothing to be anxious about moving forward. Our CEO of Berkshire Hathaway HomeServices, Chris Stuart, said "I would encourage everyone to recognize that this might be a very hot year in terms of real estate, but I’d hate for anyone to be on the sidelines and miss out on an opportunity either on the buying or selling side of the transaction."
Berkshire Hathaway HomeServes again partnered with The Wall Street Journal to conduct a custom study for our real estate clients and our CEO, Chris Stuart, conducted a message to help potentially aprehensive buyers and sellers better understand the market. Watch that above or check out the full article here
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