This Isn’t a Housing Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]
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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 Knoxville housing market is healthy, and the rising prices of Knoxville homes are driven by real buyer demand. Let’s connect to talk about the best ways to navigate such an energetic market.
Call/Text me, Troy Stavros with CornerStone Realty Associates at 865-999-0925 today! My team and I would love to serve you!