The housing market, they claimed, was a bubble destined to burst.
I’ve spent the past few years asking experts a simple question: Has the housing market reached bubble territory?
AdvertisementFor a time, it seemed like the housing market was doing a speedrun through Simonsen’s checklist.
And even if the economy does take a turn, a run-of-the-mill recession probably wouldn’t be enough to topple the housing market.
The housing market is far from balanced, but we’re at least heading in that direction.
Persons:
doomsayers, I’ve, Redfin, you’ve, you’ll, Mike Simonsen, megalandlords, ”, Ian Shepherdson, Goldman Sachs, Jerome Powell, Powell, Rick Palacios Jr, John Burns, ” doomsayers, might’ve, It’s, it’s, Logan Mohtashami, don’t, US homebuilders, “ It’s, ” Mohtashami, Selma Hepp, Fannie Mae, Palacios, ” Palacios, Mohtashami
Organizations:
Altos Research, Wall, John, John Burns Research, Consulting, Mortgage Bankers Association, Federal Reserve Bank of New, Federal Housing Finance Agency
Locations:
Charlotte, North Carolina, Austin, Las Vegas, Miami, Boise , Idaho, Dallas, Federal Reserve Bank of New York, US