Real Estate Change: Bubble Trouble (Again?)
April 10, 2010 Trends, Updates Comments Off
For real estate professionals there are lessons to be learned from every changing market condition; especially a housing bubble. The question is will they? For a great many agents who have never experienced anything other than the recent feeding frenzy this is the first time they�ll be learning them and for the rest who have �been there before�, it�s a time to reflect on the last time through the cycle and add the new lessons learned.
The housing bubble expanded in the first few years of the 2000s, especially in the costal areas, the southwest and the highly populous areas. The bubble is basically a period during which a mania for home buying occurs. In Read the rest…