Do You Think There’s a Bubble?
by Osman Parvez
Do you think there’s a bubble? According to a recent survey of 4,000 consumers, 66% of respondents believe there is. Of those, 58.7 percent believe the bubble will burst within a year and 41.3% think the bubble will still be alive and well a year from now. Few believe that real estate will suffer as badly as the stock market did when the bubble burst in 2001.
The results of this survey aren’t surprising given the endless media hype about the bubble. The opportunity within bubble mania is within its potential cooling affect across all real estate markets, not just the ones where everyday dick and janes were flipping condos like flapjacks. In a bubble, the volume of transactions increases dramatically with artifically increased asset values due to speculation. It’s a telltale sign of a bubble.
Investors take note: To take advantage of a bubble bursting mania, the smart money will look for areas that have strong underlying drivers of housing demand rooted in demographics and quality of life benefits that have not seen a large run up in prices from speculation. This region in our lovely state of Colorado should get your consideration.
Like this analysis? Subscribe to our client research report.
Want to get blog updates via email? Click HERE.
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
Welcome to House Einstein
Locations, Due Diligence, Negotiation
Testimonials
Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.
We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.
Related Posts
Share This Listing!
More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
Work with
House Einstein
Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
